Ten Aragon CONDO
Ten Aragon Condominium Address:
10 Aragon - Coral Gables, Fl

Ten Aragon Condominium- More than an address...
A Smart & Sophisticated In-Town Condominium Residence

Coral Gables-City Beautiful 

Visionary founder George Merrick planned this jewel of a city in the 1920s on a grand scale as a tribute to Florida’s rich Spanish history. Today the city is a visual feast, evoking Mediterranean allure with imposing stone archways, ornate plazas and reflecting pools. Homes and monumental public buildings fashioned in Mediterranean Revival architectural style, blend coral rock, stucco finishes and keystone ornamentation. Barrel tile roofs, worked in a palette of rich tones, terra cotta, ocher and sienna, strike a dramatic note in neighborhoods of winding roadways shaded by ancient banyan and oak trees. Upscale and quietly elegant, “The Gables” carefully guards its enduring reputation as “The City Beautiful”.

Experience the best in fashion, dining and nightlife just steps away from your home in the heart of historic, downtown Coral Gables. Find convenient shopping and dining along the landmark Miracle Mile. Walk to work or play in downtown Coral Gables, its proximity measured in minutes to Miami International Airport, University of Miami, Port of Miami, Downtown Miami, American Airlines Arena, South Beach, and Coconut Grove. Impressive office buildings and multinational corporate headquarters complete “The Gables” panache.

Savor the magic of The Mile’s pedestrian friendly boulevard and surrounding streets against a backdrop of keystone fountains and tropical landscaping. Here is a world of picturesque sidewalk cafes, boutique shopping, gourmet dining from sushi to steak, theatre, bookstores, coffee shops, nightclubs, high style and high design… take a leisurely stroll or jazz it up!

Homeowners at Ten Aragon enjoy the convenience and ease of access to an array of retail and other businesses on property located on the Miracle Mile side of the residence.

Coral Gables – Ten Aragon and 55 Miracle Mile, a 15-story, Class AA mixed-use building located at 55 Miracle Mile in Coral Gables, Florida was sold to Prospect Aragon, a joint venture between Prospect Capital and The Robert Martin Companies, for $84,500,000. The advisors on the sale were Robert Given, Vice President and Jay H. Massirman, Executive Vice President of CB Richard Ellis. The brokerage team acted as exclusive advisors to the seller, Starwood Urban Investments, LLC. Ten Aragon a 15-story mixed-use building consists of office, retail and residential units. Ten Aragon represents the residential component of the Property and 55 Miracle Mile represents the office and retail component of the Property. Ten Aragon consists of 184 residential units totaling 201,592 square feet. 55 Miracle Mile consists of 40,590 square feet of retail space, and 25,764 square feet of office space. Notable retail tenants include, Tarpon Bend, City Cellars, Max’s Grill and Advanced Aesthetics. “Located at the entrance to Coral Gables, Ten Aragon promises to be a model for future development in South Florida and the nation,” stated Robert Given, Vice President, CB Richard Ellis. “In a supply constrained market with growing demand and upscale demographics, Ten Aragon is an irreplaceable urban asset.”

“Ten Aragon is the third property in Florida and the first in Dade County that our Joint Venture has purchased,” said Tim Jones, Managing Director of Robert Martin Company. “We believe Ten Aragon is an extraordinary asset in an excellent location and that there will be high demand for both the residential and commercial components of Ten Aragon”

CB Richard Ellis Press Release
January 4, 2005
“The outstanding location, great views, proximity to trendy shopping, entertainment and business districts, and affluent resident base makes Ten Aragon an ideal opportunity for immediate condominium conversion,” stated Jay Massirman, Executive Vice President, CB Richard Ellis. “The timing of the asset sale was ideal. Lenders continue to be attracted to these product lines because of the absence of construction risk and substantial demand in the residential marketplace throughout South Florida. Yearto- date, the CB Richard Ellis South Florida Multifamily Group, has closed or placed under contract over $2.7 billion in multi-family transactions. This is more than double our activity from 2003. Approximately 70% of our year-to-date transaction represents condo conversion properties. We anticipate the level of investor demand to remain strong throughout 2005.” Ten Aragon offers an outstanding location, situated with frontage along Miracle Mile and Aragon

Avenue in the heart of Coral Gables. Ten Aragon was built in 2004; Ten Aragon was fully designed to function as a multiuse project seamlessly integrating residential, office, retail and parking while fitting within the urban fabric of the area. Ten Aragon offers exceptional institutional quality finishes and improvements such as 9-foot ceilings, custom cabinetry, glass curtain walls, decorator lobbies and other elegant items.

One of Starwood’s most significant downtown efforts is the development of 55 Miracle Mile and Ten Aragon in downtown Coral Gables. Ten Aragon, a Mediterranean-style, mixed-use development will consist of a four-story retail, restaurant and office complex known as 55 Miracle Mile and a 15-story retail, parking and luxury residential rental building, which will be known as Ten Aragon.

Ten Aragon Project Named Greatest Condominium In 2005 by Coral Gables Gazette

Ten Aragon, a mixed use project owned by The Robert Martin Company of Elmsford, NY and Prospect Capital Group of Connecticut, has been named the Greatest Condominium in the Coral Gables Gazette’s Gables Greatest 2005 issue.

(PRWEB) October 14, 2005 -- Ten Aragon, a mixed use project owned by The Robert Martin Company of Elmsford, NY and Prospect Capital Group of Connecticut, has been named the Greatest Condominium in the Coral Gables Gazette’s Gables Greatest 2005 issue. “We are extremely proud of this recognition. We consider this to be a trophy asset and we're thrilled that others view it in a similar regard,” said Greg Berger, General Partner/Principal at Robert Martin Company. The Coral Gables Gazette’s annual Gables Greatest issue cited Ten Aragon as a “beautiful Mediterranean style building with sleek, modern interiors, featuring private balconies, great views of downtown Miami, high ceilings, sliding glass doors, walk-in closets, and other luxury amenities." The paper also singled out the “impressive common areas” created by “acclaimed interior designer Charles Allem.” Ten Aragon, located on the historic community’s "Miracle Mile," is a mixed-use property with upscale residential, commercial, retail, and office space. The amenities include a spa, a fitness center, a business center, and an outdoor swimming pool with hot tub. The retail tenant roster includes three prominent restaurants, Tarpon Bend, Max's Grill and City Cellars.

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