CBRE Arranges Sale Of Boutique Hotel In South Beach
A private investor purchased the 45-key property for under $15 million.
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A private investor purchased the 45-key property for under $15 million.
C. Todd Everett, an investment specialist in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a private investor.
Last week, I called my contact in Tallahassee and confirmed that my interpretation was correct.
The lease is the largest office lease signed in northern Palm Beach County in more than two years, according to Cushman & Wakefield.
Codina is planning a mixed-use project with a focus on residential, “lifestyle” shops and neighborhood businesses, however he did not yet have a detailed development plan.
He will focus on providing quality retail leasing services for the Urban Core Division led by Mika Mattingly based out of the Miami office.
CBRE’s Dana Nialis, Angie Weber, Deborah Fink, and Carol Ellis-Cutler represented The Oncology Institute in lease negotiations.
JLL simultaneously arranged a $65.8 million preferred equity investment from Pensam.
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The firm has 13 projects ranging from 24 to 150 units in various stages of development just within the Wynwood Norte boundaries.
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