Broward County Multifamily Sale Yields $61.5 Million Profit In Just 4 Years
HGI purchased the property in 2017 for $158.5 million and upon acquisition invested an additional $2.65 million in interior maintenance and upgrades.
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Rilea Group Closes On Development Site In Wynwood For $22 Million As Location For 225-Unit Rental Community
June 22, 2021 in Industry News, Miami-Dade County Multifamily, Multifamily, NA /by ADMINGridline Properties’ brokers Alfredo Riascos and Yonatan Missika represented Rilea Group in the off market transaction located at 56 NE 29th Street.
JV Acquires Circa 39 Hotel In Miami Beach
June 22, 2021 in Hospitality, Industry News, NA /by ADMINThe 97-key boutique hotel marks the most recent acquisition for the group as part of its plans to acquire $300 million in hospitality assets across the U.S.
Bridge Office Inks 115,358-SF Lease At Flagler Station
June 21, 2021 in Industry News, Miami-Dade County Office, NA, Office /by ADMINThe deal is an expansion for Cano Health, who previously occupied 29,834 square feet at the park.
Two-Building Boynton Beach Office Portfolio Sells
June 21, 2021 in Industry News, NA, Office, Palm Beach County Office /by ADMINAvison Young’s Florida Capital Markets Group negotiated the sales.
Miami-Dade State Attorney’s Office Inks New 50,000-SF Lease
June 20, 2021 in Industry News, Miami-Dade County Office, NA, Office /by ADMINThe State Attorney’s Office will be relocating from Civic Park Plaza.
Driven by Ecological Resilience, Stiles Architectural Group to Design Miami’s New Pelican Harbor Seabird Station and Deeks’ Wildlife Center
June 15, 2021 in Featured, Industry News /by ADMINBuilt on 2.6 acres, the new 7,800-square foot facility is nearly 6.5 times larger than the 950-square foot space it has maintained since opening in 1992. The center will house recuperating animals and provide education, with a rooftop terrace to host events and workshops.
Economic Impact Study Shows South Dade Logistics & Tech District Will Generate $2.46 Billion In Total Economic Output, Nearly 40,000 Local Jobs
June 15, 2021 in Industrial / Flex, Industry News, Miami-Dade County Industrial / Flex, NA /by ADMINThe report further highlights need for more industrially designated land in the southern portion of Miami-Dade County in order to properly service residents in today’s e-commerce economy.
CRE-sources’ Top 5 Most Popular Stories This Week
June 11, 2021 in Featured, Industrial / Flex, Industry News, Multifamily, Office, Retail /by ADMINHere are the most popular news headlines this past week on CRE-sources.
Mixed-Use Business Park In Boca Raton Trades For $18 Million
June 10, 2021 in Industry News, NA, Office, Palm Beach County Office /by ADMINTranswestern Senior Managing Directors John Bell and Kevin Markwordt arranged the disposition on behalf of the undisclosed seller.
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