EML Realty Partners Announces Off-Market Acquisition And Sale To Kick Off 2023
The transactions total $7,650,000.
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The transactions total $7,650,000.
Members of the Miami team include Senior Vice President Carlyle Coffin; Vice President of Acquisitions Mike Lisch; Head of Strategy and Analytics Jason Warren; and Business Operations Manager Teresa Sanzone.
Commercial real estate experts are forecasting slow growth in the year ahead, but not nearly as pessimistic as some predict.
Landmark plans to offer below-market monthly rents ranging from $430 to $920 for one-bedroom units, and $500 to $1,100 for two-bedroom units.
Here are the most popular news headlines this past week on CRE-sources.
Sturgis arranged the sale of a retail building in the popular neighborhood to a well-known hospitality operator.
CBRE’s Larry Genet, Tom O’Loughlin, and Zack Krawiec negotiated the sale.
The project will consist of approximately 509 luxury rental apartments, 275,000 square feet of Class A office space, 25,000 square feet of ground-floor retail space, a 20,000-square-foot open-air retail plaza, and a parking garage.
According to Cushman & Wakefield research, the Southeast hospitality and tourism industry is one of the nation’s top performing, with the region seeing over 388 million visitors and generating more than $180 billion in revenue (represents tourism dollars spent overall) post-pandemic.
The projects total $29 million and 318,000 square feet of Class A warehouses.
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