In another example of Coral Gables becoming the focal point for Miami-area corporate expansion, supply chain giant Ryder is moving its longtime corporate headquarters to the City Beautiful. For local professionals at companies like Ryder who need a little extra help to realize the dream of residential ownership, a new report details a “secret weapon” they can tap into to cover down payments.
Ryder announced its plans to relocate from Medley to the Colonnade office tower in downtown Coral Gables. As part of the lease agreement, the 2333 Ponce de Leon Blvd. building will be renamed the Ryder Colonnade. About 800 employees will be based in the new headquarters.
Merrick Manor, the luxurious Coral Gables building, has a handful of one-bedroom condominiums remaining that are perfect for such professionals who want to live close to their offices – even if they are on a hybrid work schedule. A new syndicated column published in many Business Journals editions around the country cites a Redfin report explaining how younger residential buyers are increasingly utilizing family gifts or inheritance to afford down payments.
Parents and grandparents of these buyers appreciate the importance of building wealth at a young age and instead of waiting until after death to assist their children and grandchildren, they are opting to help them now.
Located at 301 Altara Avenue, the 10-story, 227-residence Merrick Manor’s pet-friendly amenities and lifestyle truly cannot be beat. Merrick Manor is just steps away from the Shops at Merrick Park and has a Zillow Walk Score of 77, making it “very walkable.” The building is surrounded by three championship golf courses and is just 20 minutes from Miami Beach.
Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative for Merrick Manor.
For more information about the residences at Merrick Manor, visit the new Sales Gallery in Suite 117 on the ground floor of the building at 301 Altara Ave., Coral Gables, FL 33146 – or contact the Berkshire Hathaway HomeServices EWM Realty team by calling (305) 779-6870. The Sales Gallery is open from 10 a.m. to 6 p.m. on Monday through Friday.
