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According to property records, Kurv Industrial acquired the portfolio for $219.7 million, marking South Florida’s largest industrial deal this year.
The lease transactions are valued at more than $56 million.
Colliers’ Executive Vice Presidents Jonathan Carter and Dave Preston are leading retail and restaurant leasing on behalf of Centtral Aventura LLC.
Founded in 2022 with its first studio in Miami, Fuze House has rapidly expanded its footprint, now operating five locations across Miami, New York City and East Hampton.
The two projects total 302,000 square feet across Fort Lauderdale and Deerfield Beach, with delivery expected in 2027.
The sale marks the largest non-mall retail transaction recorded in South Florida since 2017.
The sale price equates to more than $410 per square foot.
The deal represents a significant expansion from Terrabank’s previous 27,068-square-foot office on Coral Way.
The triple net lease is for 11,000 square feet.
The sale marks a substantial increase in value from the portfolio’s previous trade in 2016, when it sold for $77.25 million.
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