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SVN Commercial Realty Completes 52,000 SF Lease For GLB Trucking

Peter Messina, CCIM of SVN Commercial Realty represented the tenant in the transaction. Butters Realty and State Street Realty represented the Landlord.
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Banking Veterans Michael Balan, Eric Toth Launch Asset Resolution Trust (ART) To Facilitate Swift, Confidential Sale Of Nonperforming Notes

Backed by decades of collective experience in the banking industry, Balan and Toth have recognized the need for a specialized entity focused on swiftly resolving nonperforming notes, ensuring optimal outcomes for financial institutions burdened with distressed assets.
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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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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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What Makes Florida Unique? Sales Tax On Commercial Rent – But Changes Are Coming Sooner Than We Thought

Last week, I called my contact in Tallahassee and confirmed that my interpretation was correct.
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Other Industry News

Marcus & Millichap Announces Sale Of Hollywood Industrial Portfolio

Doug Mandel and Zachary Levine had the exclusive listing to market the property on behalf of the seller.
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LYND Partnership Closes On $12M Refinancing Of Waterfront Development Site

One of the project’s key highlights is the Dania Beach Marina Club, which will provide 12 boat slips and electronic boat rentals. 
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Realterm Acquires 45-Door Truck Terminal On 4.5 Acres In Medley

South Florida's robust demand for trucking terminals and general industrial facilities are driving forces behind this strategic acquisition.
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Tenant Demand Soars As Colliers Ramps Up Leasing Activity At Trophy Office Tower, Leasing Nearly 50,000 SF

Colliers Vice Chair Stephen Rutchik and Vice President Tom Farmer negotiated five leases totaling 47,235 square feet.
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JLL Capital Markets Represents Stockbridge In Arranging Acquisition Financing For Coconut Creek Industrial Portfolio

The JLL Capital Markets team was led by Senior Managing Director Melissa Rose, Director Michael DiCosimo and Analyst Mateo Bolivar.
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