JLL Completes Sale, Financing For Trophy Asset In Palm Beach County
JLL’s Seniors Housing Capital Markets team procured the buyer, AEW Capital Management, and secured the three-year acquisition loan through Capital One Bank on behalf of the buyer.
First State Bank Announces South Florida Expansion With Addition Of Experienced Commercial Lender
Joseph Hamam joins First State Bank with an extensive track record of success in commercial lending in the South Florida area helping businesses of all sizes secure the financing they need to grow and thrive.
Bridge Industrial, CPP Investments Form $789 Million Joint Venture
This partnership will allow Bridge and CPP Investments to target high-quality industrial properties in key markets, as retailers compete for faster shipping times despite increasingly limited space for new warehouse construction.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Longpoint Partners Acquires Miami Industrial Property In Off-Market Deal
The 72,866-square-foot industrial property, strategically situated in South Florida’s thriving industrial market, presents a significant opportunity for Longpoint Partners to expand its portfolio in the region.
Cushman & Wakefield Arranges Sale Of Flex Building In Flagler Station
Cushman & Wakefield’s Miguel Alcivar, Stuart Gordon and Matthew Bittel along with Marcus & Millichap’s Derrick Dougherty represented the seller in the transaction.
JLL Appoints New South Florida Market Leader
He will replace former market lead Rod Barnes, who retired in December after a successful 15-year tenure at JLL.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Industrial Outdoor Ventures Secures First Tenant For Davie Industrial Center
Larry Genet and Tom O’Loughlin with CBRE represented IOV in the lease transaction and are the exclusive representatives for the property and are positioning the development’s ability to meet the needs of e-commerce, distribution, corporate headquarters or manufacturing operations with heavy parking requirements.
Lee & Associates South Florida Duo Closes New Investment Sale
The property is adjacent to a building that the client purchased in August 2024.