• La Palma is a landmark, historical building in the heart of Coral Gables, The City Beautiful.

• Originally, the building was the Cla-Reina Hotel, and later became La Palma Hotel; it was one of the first hotels built in Coral Gables in 1924.

• The building represents a superb example of the Mediterranean Revival architecture that characterizes Coral Gables.

• The stunning, private courtyard has served as a local meeting place for close to a century.

• The building is undergoing a complete renovation with estimated delivery Fall of 2019, which will include state-of-the-art connectivity.

• This is a unique opportunity to occupy a full floor.

• La Palma is two blocks from Giralda Plaza, Coral Gables’ pedestrian-only “restaurant row,” and within walking distance of Miracle Mile.

• Four miles from Miami International Aiport, approximately a 15 minute drive.

RETAIL/OFFICE SPACE AVAILABLE FOR LEASE

ALHAMBRA CIRCLE ELEVATION

L PALMAEst. Circa 1920

AEst. 1924

112 - 116 Alhambra Circle, Coral Gables, FL 33136

DOWNTOWN CORAL GABLES

• From top performing dining locations to wonderful chef-driven restaurants and a pedestrian-only street known as restaurant row, dining in Coral Gables offers many delicious options.

• A center for business with over 150 multi-national corporations calling Downtown Coral Gables their business home.

• 50,000 people come to Downtown Coral Gables for work daily.

• Downtown Coral Gables is a cultural hub with the Coral Gables Museum, Coral Gables Arts Cinema, award-winning Actor’s Playhouse, Books & Books flagship location and many art galleries.

• Retail shopping opportunities include unique women’s apparel, custom menswear, home design and accessory stores.

• Typical services abound including fitness boutiques from yoga to boxing, multiple health, wellness and beauty providers, as well as business to support daily needs such as drycleaning and shoe repair.

• 700 planned new hotel rooms and 3,100 new residential units on the horizon with a total of 8 development projects planned for Downtown Coral Gables.

• 762,000 people live within a 20-minute drive time from Downtown Coral Gables

• Average household income for Coral Gables is $121,000 (2015).

GETTING AROUND • Free Coral Gables Trolley service on Ponce

de Leon Blvd. connecting Downtown Coral Gables to Miami-Dade Transit including Metrobus and MetroRail

• Free point-to-point local transit in the Central Business District on Freebee, an on-demand electric vehicle.

• Centralized Valet parking program in Business Improvement District - drop car at one valet location and pick up at another.

• Coral Gables is a walkable city with a Walk Score® of 98 (out of 100).

FLOOR PLANS

GROUND FLOOR - PROPOSED LAYOUT

Ground Floor(Divisible) 116 Alhambra Circle

Retail/Office ± 5,256 RSF (Divisible)

Courtyard ± 4,000 SF

Abundant natural light, newly-renovated interiors, and a new elevator.

Elevator

Conf. Room

La PalmaGround Floor112 - 116 Alhambra Circle, Coral Gables, FL 33136

Sizes and dimensions are approximate, actual may vary

Second Floor(Divisible) 112 Alhambra Circle

Office ± 10,486 RSF (Divisible)

Natural light from windows and skylights

Views of iconic courtyard

Shared conference room, newly-renovated interiors, and a new elevator.

FLOOR PLANS

SECOND FLOOR - PROPOSED LAYOUT

Designed by lead Coral Gables architect Henry George Fink, George Merrick’s first cousin. Merrick was the visionary developer of Coral Gables, one

of the nation’s most iconic planned cities.

"The La Palma Hotel, a mainstay in Coral Gables since the 1920s, is today an office building and restaurant with a shaded courtyard. It is a favorite

gathering spot for the lunchtime crowd.”

-Les Standiford, The City Beautiful Story

L icensed Real Estate Brokers Loopnet/CoStar L ist ing: 13693898

DISCLAIMER: We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdraw without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property.

LA PALMA

Barbara TriaBroker/Owner

Coral Pine Real Estate, LLCEmail: BTria@CoralPineRealEstate.com

Phone: (305) 790 - 5055

Maria G. Juncadella, SIOR CCIM MBA Managing Principal | Advisor

Fairchild Partners, Inc.Email: MJuncadella@FairchildPartners.com

Phone: (305) 668 - 0620

1920s Postcard

Galiano Street Elevation