CRE-sources’ Top 5 Most Popular Stories This Week
Read on for the most popular news headlines this past week on CRE-sources.
Welltower Expands South Florida Footprint With $87.2M Lake Worth Acquisition
The property totals 366,036 square feet on 22 acres.
Kurv Industrial Acquires 800,000+ SF, Value-Add Industrial Portfolio In The Heart Of Broward County In Pompano Beach
According to property records, Kurv Industrial acquired the portfolio for $219.7 million, marking South Florida’s largest industrial deal this year.
Terranova Secures Nearly 100,000 SF In New Leases In Coral Gables
The lease transactions are valued at more than $56 million.
Centtral Aventura Breaks Ground On Mixed-Use Development Along Biscayne Boulevard
Colliers’ Executive Vice Presidents Jonathan Carter and Dave Preston are leading retail and restaurant leasing on behalf of Centtral Aventura LLC.
Newmark Arranges Lease In Boca Raton, Expanding Fitness Studio’s South Florida Presence
Founded in 2022 with its first studio in Miami, Fuze House has rapidly expanded its footprint, now operating five locations across Miami, New York City and East Hampton.
Remedy Medical Properties Breaks Ground On Two Medical Outpatient Developments
The two projects total 302,000 square feet across Fort Lauderdale and Deerfield Beach, with delivery expected in 2027.
Newmark Arranges $210 Million Sale Of Trophy Worldcenter Retail In Downtown Miami
The sale marks the largest non-mall retail transaction recorded in South Florida since 2017.
Marcus & Millichap Brokers $11.95M Sale Of Palmetto Bay Retail Center
The sale price equates to more than $410 per square foot.
Terrabank Signs On For 40,000 SF Of Office Space In Coral Gables
The deal represents a significant expansion from Terrabank’s previous 27,068-square-foot office on Coral Way.