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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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International Cargo Transport Company Relocates And Expands, Inks New 157,000-SF Lease

The new lease represents a 53,000-square-foot expansion.
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Berger Commercial Realty’s Joe Byrnes, Keith Graves, CCIM & John Forman Welcome 97,000-SF Tenant To Bridge Point 595

The Bridge Point 595 location marks a new Florida location for the company.
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Berger Commercial Realty, Colliers Broker Sale Of Office Building In West Palm Beach

Michael Feuerman, Steve Hyatt and Daniel Silver of Berger Commercial Realty represented the seller. Mark M. Rubin and Bastian Laggerbauer of Colliers | South Florida Investment Services Team represented the buyer.
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State Street Realty Brokers Close Deals Valued At $12 Million

The lease and sale transactions total over 80,920 square feet.
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Other Industry News

Institutional Property Advisors Brokers $23.75 Million Retail Portfolio Sale

Marcus & Millichap’s Doug Mandel and Tyler Kuhlman had the exclusive listing to market the portfolio on behalf of the seller and procured the buyer, a Florida-based private investor.

Berkadia Arranges $18 Million Acquisition Loan For Little Havana Apartments

Senior Managing Director Mitch Sinberg, Managing Directors Matt Robbins, Brad Williamson and Scott Wadler, and Vice President Hugo Hernandez of Berkadia Miami arranged the financing on behalf of Rental Asset Management, a property management company based in Oakland Park, which acquired the property for $31.1 million.

Mint Eco Car Wash Acquires Tenth Site, Becomes Largest Car Wash In Palm Beach County

CBRE’s Kevin Probel and Kevin McCarthy continue to represent Mint Eco in pursuing additional expansion opportunities across South Florida.

Palm Beach Co. E-Commerce Company To Develop New Business Park In Palm Beach County’s Westlake

The City of Westlake has approved plans for a 145,643-square-foot business park which will be composed of a 10,103-square-foot office/flex building and a 135,540-square-foot warehouse/distribution facility. 

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