The Real Deal Miami

Shoma Park Square at Doral in foreclosure

August 10, 2010 10:30AM

A large portion of the Park Square at Doral mixed-use project is the
target of a foreclosure action. Wells Fargo Bank filed the suit July 29
against Doral-based Shoma Development, along with several other company
affiliates, according to Miami-Dade County Circuit Court records. The
action concerns part of the residential and retail parts of the
51.4-acre project, which was formerly the headquarters of Ryder System.
The office component of Park Square is not involved in the suit. [SFBJ]