Related Group Enters Joint Venture With Bahia Mar Development Team
The newly formed partnership is moving forward on highly anticipated mixed-use development
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The newly formed partnership is moving forward on highly anticipated mixed-use development
Here are the most popular news headlines this past week on CRE-sources.
Joe Abood of Avison Young represented the seller and Andres Leiser of Constec Realty Services represented the buyer.
Colliers South Florida Senior Director Ronald Schagrin represented the tenant in negotiating the long-term lease. Chris Metzger of Cushman & Wakefield represented the lessor.
He has consistently been one of the nation’s top producers, receiving several industry achievements, including being named top producer for industrial capital markets in 2021.
Stiles Senior Vice President Kimberly Barbar represented the seller in the transaction.
The property consists of six parcels with T6-36A-L zoning, which allows for the highest density and greatest variety of uses within Miami’s urban core, including 382,020 buildable square feet and a maximum height of 36 stories.
The three-property site includes a 6,454-square-foot building – with a mix of warehouse and office space – and a fully fenced, paved storage yard featuring three storage sheds and an additional covered mechanic area.
Sean Lutz, Dan Elliot, Matthew Mousavi and Patrick Luther of SRS represented the buyer, a Nevada-based private investor, in the 1031, all-cash transaction.
Here are the most popular news headlines this past week on CRE-sources.
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