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Home , Brickell Avenue, Dadeland, Dadeland Mall, Dadeland Station, Kendall Drive, Toscano (Miami)

DADELAND TOWN CENTER II 1-ACRE DEVELOPMENT SITE , Hotel, Residential, Senior Housing, or Office Development Opportunity Adjacent to Mall, Publix, and Metrorail

Kendall Drive PINECREST

SW 73rd Place

Shoppes at Dadeland

Future 8-Story

Apartment Development Dadeland Boulevard Dadeland Metrorail (Estimated Completion: 2016) Towers

Kendall Drive

Dadeland Boulevard

Womens & Mens Site Downtown

Dadeland Mall 826 Dadeland Site 826

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Metropolis I & II

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Datran Office Building DADELAND TOWN CENTER II 1-ACRE DEVELOPMENT SITE MIAMI, FLORIDA HFF is pleased to exclusively offer an exceptional investment opportunity to acquire the Excellent Location in the “Dadeland Golden Triangle”. The Site sits in the Dadeland Town Center II Development Site (the “Site”). The .895-acre Site is situated in heart of the “Dadeland Golden Triangle” that is bounded by the Palmetto Expressway the heart of the Dadeland Golden Triangle in Miami’s Dadeland/Kendall submarket. It is (S.R. 826), U.S. Highway 1, and Kendall Drive. The “Golden Triangle” has numerous directly across from the 1.4 million SF Dadeland Mall owned by . new, high-density commercial and residential developments, and is anchored by the This offering represents one of the last remaining urban in-fill development opportunities 1.4 million-square foot Dadeland Mall located across the street from the Site. in the area. It features flexible zoning allowing for multi-housing, hotel, retail, office, or senior living development. Excellent Access to Mass Transit. The MetroRail (Miami’s primary mass transportation system) has its southern terminus immediately east of the Site. This SITE OVERVIEW heavily used rail system provides superior access to South Miami, the University of Location 7400 N Kendall Drive, Miami, FL Miami, Coral Gables, , the financial district, and Downtown Acreage .895 acres (39,000 SF) Miami. In 2012, the new $500+ million AirportLink Metrorail Extension Project opened Existing Improvements The Site is currently improved with a six story, +/- 71,888 SF to the public, providing MetroRail with a direct, connection to the airport. medical office building (the “MOB”). The MOB will be delivered vacant at closing. Zoning Designation DKUC (Downtown Kendall Urban Center) Flexible Development Opportunity. The DKUC zoning allows for multiple commercial uses and exceptional flexibility in determining what to build on the development parcel. The zoning allows for up to a 25-story building that could include DEVELOPMENT POTENTIAL residential, hotel, retail, senior living, or office space. Furthermore, a developer Total Proposed Leasable Space (SF) 200,000 Permitted Uses Multi-housing would have the freedom to determine what size and number of units in a residential Hotel development would be best for the Site. Retail Senior Living Strong Demographics. The Kendall East/Coral Gables submarket has experienced Condominium substantial growth despite the maturity of the area and the limited opportunities for Office further residential development. Within a one-mile radius of the development site, the *Based on a conceptual plan. The zoning designation has no cap on density. 2013 population estimate is 21,785, representing a 6.6% growth rate since 2010. Additionally, the immediate area surrounding the Property is highly regarded by luxury INVESTMENT HIGHLIGHTS shopping retailers and is well-known for the higher than average household income. According to Claritas research, the Project benefits from an average household income Primary Retail Corridor. The Site is located directly across the street from Dadeland of $96,000 within a 5-mile radius of the Property. Mall, a world-renowned, 1.4 million-square foot regional mall anchored by Macy’s, , Saks Fifth Avenue, JC Penney, and The Limited. The mall is 100% leased Close Proximity to Desirable Schools. The public schools serving the Site are all and generates impressive annual in-line sales in excess of $1,000 per square foot. The exceptional, having earned “A” ratings from the State of Florida for 2012. These include Dadeland area is a regional and international shopping destination that boasts excellent Kenwood K-8 Center, Glades Middle, and South Miami Senior High. Additionally, year-round demographics. Over 1.2 million residents live in a 10-mile radius of the several highly regarded private schools including Gulliver Preparatory School, Property. An estimated 8.8 million tourists visit the Dadeland area each year, and spend Christopher Columbus High School, and St. Brendan’s High School are nearby. approximately $7.4 billion on retail goods, food, lodging and entertainment. Additionally, the Simon-owned Dadeland Mall has recently completed an extensive 102,000 SF addition including new tenants such as Bobby Flay’s Burger Palace, Tesla Motors, Microsoft, Tommy Bahama, and Urban Outfitters. Manuel de Zárraga Jaret Turkell Executive Managing Director Director [email protected] [email protected] Adjacent to Publix Supermarket. The Site is immediately adjacent to a 60,000 SF Publix supermarket which ranks amongst the highest in Miami-Dade County and the entire Avenue Maurice Habif Scott Wadler Publix franchise. Suite 2950 Senior Analyst Senior Analyst Miami, FL 33131 [email protected] [email protected] Tel: 305.448.1333 Fax: 305.448.9499 Jorge Portela Debt Financing HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFFoperates out of 21 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial Senior Analyst Chris Drew real estateindustry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including [email protected] Director debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more [email protected] information please visit www.hfflp.com or follow HFF on Twitter at www.twitter.com/hff.