WATERFORD BUSINESS DISTRICT NUVEEN REAL ESTATE/ALLIANZ REAL ESTATE OFFICE PORTFOLIO IN MIAMI AWARDED WIREDSCORE CERTIFICATIONS FOR HIGHEST CALIBER OF CONNECTIVITY
MIAMI – March 31, 2021 – Blanca Commercial Real Estate, Florida’s leading independently owned commercial real estate brokerage firm, today announced that the seven buildings in the portfolio owned by the JV between Nuveen Real Estate and Allianz Real Estate at Waterford Business District have been awarded Wired Certified Silver and Wired Certified Gold designations. WiredScore is the internationally recognized, digital connectivity rating system for real estate. The 1.65-million square-foot “Class A” office portfolio adjacent to Miami International Airport now joins an exclusive network of Wired Certified buildings worldwide that offer the highest caliber of connectivity.
Specifically, the 5200, 5201 and 1000 Waterford buildings received WiredScore Gold status, while 701, 703, 800 and 5301 Waterford achieved WiredScore Silver certification.
WiredScore is an assessment of a building’s resilience, future readiness, mobile connectivity, availability of providers and overall user experience. According to a WiredScore report, “Achieving WiredScore certification establishes the office buildings as being at the cutting edge of technology, showing that it is an office campus that’s forward-thinking in terms of connectivity, and completely digitally tailored to handle the needs of any modern business. In achieving both Gold and Silver throughout, The Waterford Business District has truly excelled in all the above criteria, proving just how future-forward its Class A office product is.”
“Investing in technology focused enhancements and infrastructure is part of our commitment to deliver a cutting-edge, connected office campus providing the highest-quality amenities and tenant experiences,” said Charles Russo, Nuveen’s Office Sector SE Regional Head and Senior Director. “We will continue to stay at the leading edge of trends as we further enhance the experience for all our tenants, from Fortune 500s and multinationals to local startup businesses.”
““ESG, innovation and digitalization are core to our investment strategy at Allianz Real Estate. We have been focusing on these aspects since 2019 when we initiated our path towards decarbonization which we plan to reach by 2050. As such, we constantly look to add value to the assets in our portfolio by fostering the implementation of user-centric features that increase tenant well-being and benefit the community where the asset is located,” said Peggy DaSilva, Head of Asset Management, Allianz Real Estate, United States.
The WiredScore certification is the latest announcement surrounding Waterford Business District. The District is recognized as Florida’s premier corporate and professional hub addressing the evolving needs of innovative companies in Miami and those relocating to and expanding in the region. The seven office properties owned by the JV are surrounded by lush landscapes, expansive lake frontage, water features and outdoor collaboration areas. The District features a broad array of on-site amenities including seven hotels, a 30,000 square-foot retail center offering varied food options, state-of-the-art conference facilities, cafes, and fitness centers as well as outdoor yoga classes, bike share, shuttle and Tesla transportation services – which may be accessed via the WBD Tenant App; exclusive to the tenants in the Nuveen Real Estate and Allianz Real Estate portfolio.
“The WiredScore certification further evidences the ownership group’s close pulse on what today’s tenants demand from office space, and the importance of delivering best-in-class technological capabilities that ensure business continuity and connectivity,” said Tere Blanca, CEO of Blanca Commercial Real Estate, the exclusive leasing agent for the JV’s portfolio at Waterford Business District. “Based on its unique offerings, central location in Miami, proximity to Miami International Airport and the region’s major expressways, we expect to see a continued growing interest from local and out-of-state companies for existing Class A office space and for further development of build-to-suit corporate headquarters across the 30 acres of fully entitled, available land at Waterford.”
The Blanca Commercial Real Estate team for the JV’s portfolio at Waterford Business District includes Tere Blanca, Juan Ruiz and Andres del Corral. More information and lease opportunities at Waterford Business District are available by contacting the Blanca Commercial Real Estate team at firstname.lastname@example.org or (305) 577-8850. Waterford Business District is managed by JLL led by Amarjit Bains and Edgar Hidalgo.
About Nuveen Real Estate
Nuveen Real Estate is one of the largest investment managers in the world with $133 billion of assets under management. Managing a suite of funds and mandates, across both public and private investments, and spanning both debt and equity across diverse geographies and investment styles, we provide access to every aspect of real estate investing. With over 80 years of real estate investing experience and more than 600 employees* located across over 25 cities throughout the United States, Europe and Asia Pacific, the platform offers unparalleled geographic reach, which is married with deep sector expertise. For further information, please visit us at: nuveen.com/realestate.
About Allianz Real Estate
Allianz Real Estate is a PIMCO Company, comprising Allianz Real Estate GmbH and Allianz Real Estate of America and their subsidiaries and affiliates. It is the dedicated real estate investment manager within the Allianz Group and has grown to become one of the world’s largest investors in real estate. Allianz Real Estate develops and executes worldwide tailored portfolio and investment strategies on behalf of a range of global liability driven investors, creating long-term value for clients through direct as well as indirect investments and real estate financing.
The operational management of investments and assets is performed out of 19 offices in key gateway cities across 4 regions (West Europe, North & Central Europe, USA and Asia Pacific). As at 31 December 2020, Allianz Real Estate held $87.3 billion assets under management. For more information, please visit: http://www.allianz-realestate.com
About Blanca Commercial Real Estate
Blanca Commercial Real Estate, the leading independently owned commercial real estate brokerage firm in Florida, provides a complete range of brokerage and advisory services to owners and users of commercial real estate. Established in 2009, the firm is noted for delivering distinct client value through a personalized approach, unique methodology, data-driven insight, vast network and deep community engagement. Practice areas include landlord representation, property management, development consulting, tenant representation, tenant community services, build-to-suit advisory services, and land/investment property acquisition and disposition. For more information, visit www.blancacre.com.
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