2020 Ponce Receives Certificate of Completion

Miami, FL, August 26, 2009 --(PR.com)-- 2020 Ponce, an elegant, full-service Class A office building located at 2020 Ponce de Leon Blvd. in the Coral Gables business district, has received a Certificate of Completion. The 14-story classic Mediterranean-style tower was developed by Florida East Coast Realty (FECR) and has a total of 130,000 square feet including ground-level retail, seven stories of premium office space and a six-level parking garage.

2020 Ponce will welcome its first occupants in the next few weeks as build-outs for several early purchasers are underway. 2020 Ponce has 40,000 square feet remaining of customizable, designer-ready layouts that range from 500 square feet up to a full floor of 16,500 square feet, available for purchase or lease. The column-free floor plans can result in efficiencies of up to 30% in space planning. Colliers Abood Wood-Fay, a full service commercial real estate firm headquartered in Coral Gables, is the leasing agent for the property.

Spectacular views from every office space as well as private 360-degree wraparound terraces in select office suites, are additional benefits to the premium amenities which include state-of-the-art technology and security system, wireless capabilities, an extraordinary lobby and common areas, concierge and valet service. Owners and tenants also have the convenience of VIP parking onsite and a parking ratio of 4/1,000.

For information on 2020 Ponce, please call Colliers Abood Wood-Fay at (305) 446-0011

About FECR:

Founded 55 years ago by Tibor Hollo, Florida East Coast Realty (FECR) has since built in excess of 55 million square feet of construction consisting of single-family homes, landmark residential and commercial high-rises, government buildings, marinas, high-end retail centers, warehouse complexes and telecommunications centers.

The company forged new ground by developing the Omni/Venetia area, sparking the transformation of the neighborhood into what is now known as the new Media & Entertainment District. Covering six square blocks in Downtown Miami, FECR’s Venetia/The Grand, is a landmark development that includes the Biscayne Bay Marriott Hotel and Marina, as well as Plaza Venetia. Following the recent completion of Opera Tower, a luxury residential tower adjacent to FECR’s renowned Bay Parc Plaza, the Sonesta Mikado Miami is the final phase of the company’s 40-year development plan for this area. Scheduled to break ground this year, the project is a mixed-use property to be managed by Sonesta.

FECR is also making its mark on the “City Beautiful” with Villa Majorca, a charming town home community under construction and ready for occupancy in 2010.

Throughout FECR’s extensive history, the company has built, owned, and managed a wide array of properties, and the company’s strategy for the future includes steady, continued growth in several real estate industries, including plans for One Bayfront Plaza, to be Miami’s signature mixed-use project and the tallest building in the Miami skyline.

Villa Magna, a luxury condominium and hotel in the Brickell area; Gulfstream Point Hotel and Offices in Hallandale Beach; Tropicana Center, a mixed-use project in downtown St. Petersburg; and The Palm, an exclusive condo development of five towers in the heart of Las Vegas on the famed strip, are also planned.

For more information about Florida East Coast Realty, please visit www.fecr.com.

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Florida East Coast Realty
Kimberly Mack
954-587-0950
www.fecr.com
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