Other Industry News
CBRE Facilitates $17.1 Million Sale Of 25,000-SF Fort Lauderdale Retail Center
“The property sold for close to $700 per square foot, which is noteworthy for an open-air strip center.”
Marcus & Millichap Completes $47 Million Retail Portfolio Sale
M&M's Drew A. Kristol and Kirk D. Olson had the exclusive listing to market the portfolio on behalf of the seller, a private Miami Beach-based ownership group. Olson and Kristol also procured the buyer, a private investment group based in Brooklyn, New York.
Shhh… A New Speakeasy Lands On Brickell Avenue
Slated to open at the end of summer 2022, guests will enter the genuine prohibition-era themed experience after securing a secret code and dialing it into a restored antique London-style red phone booth at the entrance.
Joint Venture To Develop $500M Transit Village Mixed-Use Project In Downtown West Palm Beach
The project is expected to cost over $500 million to develop.
Berkadia Arranges $133M Sale Of New Multifamily Community In Miramar
LUMA at Miramar was built in 2019 and stabilized in Q1 2020, with occupancy remaining at or above 90 percent throughout 2020 and 2021. The property was fully occupied at the time of sale.
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