MIAMI—Doral just keeps growing hotter as new developments get underway—and new developers stake claim on land. Two parcels in the heart of the South Florida city just sold for $4.4 million, or about $18 per square foot, in an all-cash deal.

Jose Juncadella, broker and firm principal at Fairchild Partners, along with Sebastian Juncadella, associate with the firm, represented the seller, PR Transal Park Land. Stephen Di Giacomo and Patricia Marquez of DiGiacomo Group represented the buyer, Overcom Trade.

“One of the big challenges with this deal was going through the architectural review process for the park as well as ensuring that the proposed Overcom facility would be approved with its particular headquarters requirements,” says Jose Juncadella. “Ultimately, both buyer and seller worked together to find mutually beneficial solutions in a great example of good faith dealing.”

The Doral parcels are located at the northeast corner of Northwest 27th Street and Northwest 84th Avenue in Transal Park. Overcome will be using the site to build its new 70,000-square-foot headquarters facility on the 5.7-acre site. The import/export facilitator is currently housed in a 35,000 square foot facility in Miami International Commerce Center in Doral.

“Finding a suitable piece of land in the Doral marketplace today is harder than ever,” says DiGiacomo. “We see demand for what is currently zoned and recognized as industrial property coming from hotels, residential apartment developers and retail users. They are all putting pressure on the last few remaining parcels. Amidst this competition, we were able to locate property that will allow Overcom Trade to build a new corporate headquarters and remain here in Doral.”

Built in 1988, Transal Park is a mixed-use development that offers flex, industrial, and retail space, as well as the Interncontinental Hotel. Prudential purchased the park in 1998 for $13.1 million, according to Miami-Dade County records.

The parcels were purchased as part of a 16-acre purchase in May 2013. Through a partnership with a development entity that includes local developer Ford Gibson, PR Transal Park (Prudential RE Investors) recently broke ground on two state-of-the-art warehouse/distribution centers that will be located on the second site. The project, Transal Logistics Center, totals 218,000 square feet.

In other recent Doral news, a student loan consolidation firm has doubled its space. Seagis picked Blanca to lease two full floors of office space there. DentaQuest relocated and expanded its healthcare administration headquarters to Doral, and the Great White went up for sale.

Codina Partners is developing the $1 billion Downtown Doral, a 120-acre mixed-use development that promises to transform the industrial-focused city into the live-work-play environment Marshall mentioned. Meanwhile, The Related Group and Shoma Group are tag teaming on Park Square, a mixed-used development project in Doral on a 48-acre site that will drive the city toward a fully-populated urban center.

“The future of Downtown Doral—the live, work, play concept—excited DentaQuest,” John Marshall, a managing principal at Cresa who led the nine-month search for DentaQuest's office space, tells GlobeSt.com. “Downtown Doral is becoming a lively place.”