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AVS International Group Sells Last-Mile Warehouse In Miami To PEQ Acquisitions LLC

Larry Genet, Tom O’Loughlin and Christina Searles with CBRE represented both the buyer and seller in the transaction.
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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.

Berger Commercial Realty’s Steve Hyatt Negotiates $7.2 Million Sale Of Fort Lauderdale Development Site

“This sale continues the trend of the purchase of land or buildings on Federal Highway and Sunrise Boulevard for redevelopment spreading north from downtown and The Flagler Village area,” commented Hyatt.
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Bridge Industrial Acquires Prime 22-Acre Development Site At Port Everglades

Bridge will transform the site into Bridge Point Port Everglades, a modern new 170,892-square-foot logistics facility that will cater to today’s logistics users. Bridge plans to deliver the building in early 2024.
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Grover Corlew Taps CBRE Team To Market Boca Raton Office Buildings

CBRE Executive Vice President John Criddle, First Vice President Joe Freitas, Senior Associate Max Pawk and Transaction Manager Allie Lancashire have been tapped to lease the buildings.
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Other Industry News

Tricera Capital Adds Chief Investment Officer

Miami-based real estate firm bolsters executive team with experienced industry professional.

ABH Completes Development Site Assemblage In Wynwood Norte, Becomes Largest Stakeholder In The District

The firm has 13 projects ranging from 24 to 150 units in various stages of development just within the Wynwood Norte boundaries.

Cymbal DLT Companies Secures $95 Million Loan For Dania Beach Multifamily Complex

Within 29 months of groundbreaking, Cymbal DLT paid off its $60.3 million construction loan to 3650 REIT and distributed to their equity investors over a 130% return.

Pebb Capital, Intalex Capital Close Fort Lauderdale’s Largest Office Transaction Of The Year

Christian Lee, Andrew Chilgren, Marcos Minaya and Sean Kelly of CBRE brokered the transaction on behalf of both the buyer and seller.

Avison Young Sells Former Miami INS Building In $23M Court-Ordered Transaction

Avison Young Principals Michael T. Fay, Jay Ziv, John K. Crotty, David Duckworth, and Brian C. de la Fé completed the sale.

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