The Real Deal Miami

First EB-5 building in Broward opens

Riviera Point in Miramar has leasing commitments from at least 20 firms

September 18, 2014 12:45PM

  • Print
Rodrigo Azpurua and the Professional Center at Riviera Point

Rodrigo Azpurua and the Professional Center at Riviera Point

The first multi-tenant office building in Broward County fully funded by international EB-5 investment has wrapped up construction.

The four-story lakefront building, which has a total of 46 suites ranging from 850 to 1,600 square feet, was developed by Riviera Point Development Group.

And Rivera Point Development Group CEO Rodrigo Azpurua announced at the opening ceremony that he already has leasing commitments from more than 20 professional and entrepreneurial firms, he said.

“Bringing the Miramar market its first new Class A office development since 2009 has proved a powerful draw,” Azpurua said, adding that a second building is on the way. Azpurau said a total of $17 million in EB-5 funding is in place for the next phase of the Professional Center at Riviera Point office complex. – Christopher Cameron

MENU