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CRE-sources Editorial Staff2023-04-23 10:13:042023-04-23 10:13:04Redfearn Capital Acquires Delray Beach IOS FacilityFeatured News
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CRE-sources Editorial Staff2023-04-23 10:13:042023-04-23 10:13:04Redfearn Capital Acquires Delray Beach IOS Facility
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.

GummyWorks Inks Deal For 95,000 SF At Airport Logistics Park In West Palm
Colliers Executive Vice Presidents Michael Falk and Scott Weprin, Senior Associates Jason Weprin, Robert Dabrowski, and Associate Jonathan Temple represented the landlord, McCraney Property Company, in the deal. Managing Director and Partner David Kendall of SVN Safe Haven Advisors represented the tenant, GummyWorks, in the lease negotiations.

Sperry Commercial Global Affiliates | RJ Realty’s Ron Osborne Closes Two Property Sales Totaling $7.55 Million
“The market is a shifting from a Seller’s market to a market-in-equilibrium and depending on future interest rate increases, it could shift to a Buyer’s market,” commented Osborne. “Demand is high for all asset classes and certain property types that are harder to locate and in demand and are trading quickly at top values like the 1771 S State Road 7 property.”
CRE-sources is an independent commercial real estate news publication covering transactions, development, leasing, finance and industry professionals throughout South Florida.
Other Industry News
Client Demand Drives Over $1B In Deal Volume For Berkadia Florida In Early Summer
In total, the Florida-based team, led by Senior Managing Director Mitch Sinberg of Berkadia Boca Raton, executed 35 deals across the country, including 12 acquisition loans, two equity raises, one construction loan, three land loans, and 17 strategic refinances.
Foundry Commercial, American Realty Advisors Secure $57M Loan For South Florida Logistics Facility
Completed in 2023, Osprey Logistics Park consists of two state-of-the-art industrial buildings featuring 36-foot clear heights, 180-foot truck courts, 235-foot building depths and 54-foot column spacing.
Fort Lauderdale Medical-Office Complex Sells For $12 Million
Native is on pace to surpass $1 billion in overall transactional volume during the third quarter of 2025.
Institutional Property Advisors Facilitates Sale Of Class A Office Building In Boca Raton
“The building was 84% leased at the time of sale, and with approximately 40% of the rentable square footage set to roll over in the next four years, new ownership has a compelling opportunity to drive significant net-operating income growth over the next decade,” said Douglas Mandel, IPA executive managing director investments.
Hersh Equity Group Acquires 118,500 SF Industrial Portfolio In Miami, Port St. Lucie
The properties are currently 90% occupied with short-term leases and rents that lag the market by 60%–80%.
Olympus Property Expands Florida Portfolio With Miami Health District Apartment Acquisition
The acquisition marks Olympus' first asset in Miami and reflects the firm's expansion into one of South Florida's leading employment districts.
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