Berger Commercial Realty Awarded Leasing, Management Of East Fort Lauderdale Grocery Anchored Retail Center
The retail property, located at 1815 Cordova Road in Fort Lauderdale, totals 230,000 square feet.
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The retail property, located at 1815 Cordova Road in Fort Lauderdale, totals 230,000 square feet.
Moss had been subleasing approximately 40% of the building and had previously executed a 5-year, 4-month deal beyond the sublease term for that space.
The marina offers 278 short and long-term dry storage slips up to 55 feet, and 28,000 square feet of commercial space dedicated to marine use.
Peter Messina, CCIM of SVN Commercial Realty represented the tenant in the transaction. Butters Realty and State Street Realty represented the Landlord.
The team has closed over $25 billion in multifamily transactions.
Roberto Susi, Principal of Axiom Capital Partners, represented the buyers in the off-market deal.
The $90 million project is expected to be completed in 18 months.
Backed by decades of collective experience in the banking industry, Balan and Toth have recognized the need for a specialized entity focused on swiftly resolving nonperforming notes, ensuring optimal outcomes for financial institutions burdened with distressed assets.
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EDEN Living, in a joint venture with affiliates of Westport Capital Partners, just acquired a nearly 20-acre site with plans to develop 214 townhome-style units.
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