Blanca hired to lease 396 Alhambra

Blanca Commercial Real Estate has been tapped to lease Coral Gables’ 396 Alhambra, the new two-tower office and retail complex that’s under construction in the city’s business district. The Class A project’s smaller, seven-story South Tower will open first, with occupancy slated for April. The l5-story North Tower is scheduled for completion in the fourth quarter of 2011. Overall, 396 Alhambra will encompass 273,000 square feet, plus an eight-story parking garage. Blanca, which launched in April 2009, is trumpeting the project as the only new Class A office development slated to come online this year. It’s the third trophy assignment the firm is taking on, in addition to 1450 Brickell in Miami and One Park Square in Doral. TRD