Singer Island Boutique Hotel Sells For $150,000 Per Room
The buyer plans a multi-million-dollar project renovation to include an innovative restaurant design upgrade and additional penthouse units.
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The buyer plans a multi-million-dollar project renovation to include an innovative restaurant design upgrade and additional penthouse units.
Hernandez Development , along with development partners Stiles, Merrimac Ventures and JL Capital and Management, have recently completed the 130,852-square-foot self-storage facility with ground floor retail in Fort Lauderdale.
The asset was the second of the seller’s 100% occupied, two-building portfolio to sell within three months, both sales totaling $17.2 million.
One deal marks the 6th closed industrial sale over the last 100 days totaling over $40 million for State Street Realty’s Frank Trelles and Jason.
The project is on a fast-track for completion in the second quarter of 2021.
The newest team member will help as part of Berger’s investment sales, land brokerage and acquisitions and dispositions services for both corporate clients and private investors.
Maggie Kurtz, Kevin Gonzalez and Jake Freeman of CBRE are leasing the building on behalf of the landlord.
Maria Mainardi will be based in the Fort Lauderdale office.
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The firm, which has historically focused its investments on the West Coast, has hired real estate veteran Marley Dominguez as director of acquisitions to run the Miami Beach office.
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