JV Acquires Circa 39 Hotel In Miami Beach
The 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.
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The 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.
The deal is an expansion for Cano Health, who previously occupied 29,834 square feet at the park.
Avison Young’s Florida Capital Markets Group negotiated the sales.
The State Attorney’s Office will be relocating from Civic Park Plaza.
Built 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.
The 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.
Here are the most popular news headlines this past week on CRE-sources.
Transwestern Senior Managing Directors John Bell and Kevin Markwordt arranged the disposition on behalf of the undisclosed seller.
Ronald Meyerson, P.A, Senior VP of Multifamily Sales with Cedano Realty Advisors, represented the buyer, The Lynd Company in the purchase.
Phase I of the project was completed in 2020 and experienced rapid leasing velocity through the pandemic and is currently 99% occupied. Phase II is under construction and scheduled for completion in 2022. Upon completion, the project will total 401 units.
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