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ADMIN2021-04-14 22:02:262021-04-14 22:02:26Berger Commercial Realty Expands Property Management Team With Addition Of Leslie Severino As Senior Property ManagerFeatured News
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ADMIN2021-04-14 22:02:262021-04-14 22:02:26Berger Commercial Realty Expands Property Management Team With Addition Of Leslie Severino As Senior Property Manager
Franklin B. Morrison Executes Sale Of Industrial Investment Property Within 30 Days Of Assignment
A long term (20+ years) tenant recently signed a new 7-year lease starting January 1, 2021 with 3% annual increases at the property.

CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.

Cook Commercial Realty Negotiates Sale Of Doral Office/Warehouse Facility
Planet Cellular purchased for the asset.
Other Industry News
CBRE, The Agency Announce New Office Lease In Palm Beach
Max Pawk with CBRE represented The Agency in lease negotiations.
223-Acre Mixed Use Development Coming To Pompano Beach
The 223-acre project will feature 1.3 million square feet of retail and entertainment space, 4,000 luxury residential units, two hotels, and 1.35 million square feet of Class A office space.
Berkadia Arranges Refi For FATVillage Rentals
“This asset is a unique rental loft unlike any other rental property, with high ceilings and an open layout, and excellent Opportunity Zone location,” said Williamson. “Berkadia was able to structure fixed-rate debt with full-term interest-only to mirror the sponsor’s business plan. The Forge Lofts are a great addition to this growing neighborhood.”
Alpine Townhomes Secures $45.2M Refi From Regions Bank For Workforce Housing Community In Opa-locka
Opa-locka and North Dade overall are enjoying an influx of new residents, as workers move north in search of housing and other resources that are less expensive.
Marcus & Millichap Announces Sale Of Miami Industrial Warehouse
Jonathan De La Rosa and Eduardo Toledo, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller.
48-Acre Mixed-Use Development In South Florida Seeking JV Partner For $250M+
One of the largest contiguous land sites available in South Florida, the development has a buildable program of 2,500 residential units, 240 hotel rooms, 480,000 square feet of retail space, and 650,000 square feet of office space.
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