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CRE-sources’ Top 5 Most Popular Stories This Week

Here are the most popular news headlines this past week on CRE-sources.
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Lee & Associates South Florida Closes Commercial Property Sale In Davie

At $415 per square foot, the transaction set a new price per square foot record for the submarket.
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Stiles Buys Broward Shopping Center For $30 Million

"The exceptional 22-acre hard corner location provides new ownership with the potential to add additional outparcels and develop up to 225 units of multifamily housing.”
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Other Industry News

Weston Office Building Trades At Peak $353 PSF

The $353-per-square-foot transaction far surpassed the current $225-per-square-foot market average for office investment sales. 

The Estate Companies, FHCP, LLC Secure $50M Refinancing For Luxury Multifamily Rental Community In Miami’s Health District

Like all projects within the Soleste Living brand portfolio, Soleste Spring Gardens is a highly amenitized development with a vast collection of health and wellness offerings, social components and pet-friendly features.

Telecom Service Provider Relocates, Inks 40K-SF Lease In West Palm Beach

Derek Baker of Colliers represented the tenant, while Brian Gale and Anthony Librizzi of Cushman & Wakefield represented the landlord.

Coral Gables Office Park Trades For $76 Million

The purchase of the 474,109 square foot complex equates to $160 per square foot.

BH Group, PEBB Enterprises Sign Long-Term Office Lease Extension With ODP Corp., Will Occupy Nearly 215,000 SF

ODP Corp.’s amended lease ensures that the company’s global headquarters will remain in Boca Raton at 6600 North Military Trail until at least 2033.

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