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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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Bridge Industrial’s Fort Lauderdale Logistics Park Reaches 100% Occupancy

Bridge Industrial had the property rezoned and subsequently built two Class A industrial Building for a total of ±174,129 SF.
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Media Realty Closes Off-Market Sale Of 10-Building Mid-Core Apartment Portfolio

The sale price equates to $136,750 price per unit; $200 per square foot; and a 4.8% capitalization rate.
Top 5 Stories On CRE-sources_blk 800x400

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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Franklin B. Morrison Negotiates Sale Of Five-Building Small Bay Warehouse Portfolio To Investor

The sale was a classic value-add opportunity with rents at 10-20% below market for small bay warehouses.
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Other Industry News

Sales Launch For First-Ever Residences At Fort Lauderdale’s Pier Sixty-Six

The intial offering will include 62 luxury condominiums with two- to four-bedroom units, starting at $3 million, and an exclusive mix of owner privileges.

West Marine Relocates HQ From Cali, Inks 50,000 SF Lease Deal

The national boating supply company created significant jobs and invested $800,000 of capital investments in the buildout of its 50,000 square foot space.

BOMA Names TOBY Award Winners For 2022

BOMA, the Building Owner’s and Manager’s Association of Ft. Lauderdale and the Palm Beaches, held its annual TOBY (The Outstanding Building of the Year) gala on Friday, November 11, to award top performers in building management and operations. 

Renowned Seafood Restaurant Inks Deal For 22,000 SF

Slated to open in the fall of 2023, the globally-influenced seafood restaurant will be located in Miami Beach’s SoFi neighborhood.

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