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Venezuelan bank subsidiary sells Doral office
Mercantil Commercebank sold the office building that houses its Doral branch for $7.3 million, the South Florida Business Journal reported.
The buyer was The 107 Growth with the help of a $5.84 million mortgage from the bank, the Journal said.
Mercantil Commercebank is a subsidiary of Venezuela’s Mercantil Servicios Financieros, and built the 81,893-square-foot office building at 3105 N.W. 107th Ave. in 1999. [South Florida Business Journal] — Emily Schmall