BRIDGE Closes On $78.24 M Financing For Bridge Point AVE
The three-building, nearly 600,000-square-foot Class-A industrial park is 72% preleased and on schedule to be delivered in the third quarter of 2021.
American Ventures Partners Launches $1B Fund To Invest In Distressed CRE
The new fund will focus on properties valued at more than $50 million and priced below replacement cost.
Cook Commercial Realty, The Easton Group Broker Hialeah Warehouse Sale
The buyer is one of the largest retail beauty products, wig and human hair extension suppliers in the United States. It owns and operates 22 retail locations throughout the South Florida tri-county area and Tampa.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Hialeah Warehouses Trade For $48 Million
The newly completed buildings are already 100% leased with five tenants.
E-Commerce Distributor Triples WPB Footprint
The Cushman & Wakefield South Florida Industrial Team – Christopher Thomson, Alex VanDresser, Rick Etner, Chris Metzger and Matt McAllister – represented the landlord, Cabot Properties, in the lease negotiations.
Marcus & Millichap Negotiates Sale Of Opa-Locka Small Bay Industrial Building
The asset sold for $3,000,000.
The Fitzgerald Group’s Adam P. Von Romer, CCIM, Michael Martin Negotiate Sale Of Fort Lauderdale Warehouse
The property was listed on November 16, under contract December 12 and closed on February 26 at 93.3% of list price.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Distinguished Development Team Brings New 131,000-Square-Foot Self-Storage Facility with Ground Floor Retail To Fort Lauderdale
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.