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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.

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.
Other Industry News
Vegan Burger Chain To Open 40 Florida Locations
The company currently has 16 locations in Canada signed last year to bring 20 locations to Washington state.
ABH Developer Group Breaks Ground On Two More Projects In Miami’s Wynwood Norte District
The Wynwood Norte district is bordered by I-95 to the west and North Miami Avenue to the east, and Northwest 29th Street to the south and I-195 to the north. Given its walkability to many art, cultural and entertainment and dining destinations along with its recent zoning overhaul, the neighborhood is poised for significant development.
Florida State Sales Tax Rate In Most Commercial Leases Reduced To 2% Beginning June 1
The reduced rate is only applicable to rental periods commencing June 1, 2024.
BH Group, PEBB Enterprises, Related Group Purchase Mixed-Use Shopping Center With Fully Entitled Development Rights
The joint venture is planning a significant project following a $48.5 million acquisition in the city’s waterfront Harbordale neighborhood.
Colliers Takes Hialeah TOD Opportunity To Market
The site spans 2.03 acres and encompasses two parcels. The East Parcel falls under Hialeah's TOD zoning overlay, permitting up to 125 units per acre and building heights ranging from 3 to 15 stories. The West Parcels are zoned for mixed-use projects, allowing up to 60 units per acre.
Cushman & Wakefield Expands South Florida Industrial Practice With CBRE Alum
The duo will be based in the firm’s Miami office and specialize in industrial brokerage and advisory services.
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