Media Realty Closes Off-Market Sale Of 10-Building Mid-Core Apartment Portfolio
The sale price equates to $136,750 price per unit; $200 per square foot; and a 4.8% capitalization rate.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Franklin B. Morrison Negotiates Sale Of Five-Building Small Bay Warehouse Portfolio To Investor
The sale was a classic value-add opportunity with rents at 10-20% below market for small bay warehouses.
Berger Commercial Realty’s Lawrence Oxenberg Negotiates Sale Of Oakland Park Retail Plaza
The plaza totals 11,975 square feet.
Bridge Industrial Further Expands Its South Florida Asset Services Team With Two New Hires
Bridge’s growing South Florida asset management portfolio currently spans 5 MSF+ of Class-A industrial space.
Fort Lauderdale Industrial Warehouse Fetches $195 PSF
CBRE’s Larry Genet, Tom O’Loughlin, and Jake Zebede represented the owner in the sale of the industrial warehouse.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Butters Realty Industrial Team’s Tom Hotz, Brian Ahearn, CCIM Complete Two New Industrial Lease Transactions Totaling 36,000 SF
The leases bring Hillsboro Technology Center’s Building E, a 123,290 square foot industrial building and Building F, a 151,852 square foot industrial building, to 100% leased.
Berger Commercial Realty’s Jordan Beck Reps Buyer In Off-Market Plantation Industrial Sale
GAL Enterprises of Plantation, LLC sold the unit in an off-market deal.
CBRE’s Genet, O’Loughlin Rep Tenant In Monster Industrial Lease Deal
“Like any great deal, this one was 5 years in the making. It was an extreme lesson in perseverance,” commented Genet.