Banesco USA is moving headquarters but the bank isn’t going very far.
The company, which has been based in Coral Gables, paid $11.95 million for a new HQ in Doral.
Banesco USA purchased the 59,140-square-foot building at 3155 Northwest 77th Avenue from Windhaven Insurance Company, according to records.
Newmark represented Banesco in the deal.
Mario Oliva, president and CEO of Banesco USA said in a release that the community bank “is experiencing continued growth,” and added the purchase reaffirmed its “commitment to South Florida.”
Banesco plans to renovate the three-story Doral building. The building includes a cafeteria and collaborative spaces and conference rooms throughout.