Genet Property Group Unloads Palm Beach County Warehouses For $29 Million
A New York-based real estate firm acquired the pair of warehouse portfolios.
CBRE Arranges Sale, Financing Of Trophy Asset In Coral Gables
Sean Kelly, vice president at CBRE, said, “The submarket has attracted over 700,000 square feet of tenant relocations from other parts of Miami, as decision-makers prioritize proximity to home. Additionally, more than 150,000 square feet of new-to-Florida tenants have selected Coral Gables for their Miami headquarters.”
CRE-sources’ Top 5 Most Popular Stories This Week
Read on for the most popular news headlines this past week on CRE-sources.
Terreno Realty Welcomes 112,000 SF Tenant
VSRE’s Raydel Enriquez, Raul Estrada, Andrea Montejo and Carlos Velasquez represented Terreno in the transaction.
Luxury Apartments In Fort Lauderdale Sell For $46.5M
The 140-unit luxury apartment community was completed in July 2023.
Colliers Facilitates 56,000 SF Lease In Medley
Colliers’ Erin Byers, Lauren Pace, and Frankie Castellanos represented the tenant in the transaction. CBRE’s Devin White represented the landlord.
CBRE Facilitates Sale Of Wilton Station Shops In Wilton Manors
The retail property traded for $325 per square foot.
Bridge Industrial Signs 61,000 SF Lease With Good Greek Moving & Storage
The exclusive leasing team for the project, JLL’s Sky Groden, SIOR; Ken Morris, SIOR; and Jeremy Cain, represented Bridge Industrial in the lease transaction. The tenant was represented by Rick Etner and Nicolas Reid of Cushman & Wakefield.
Industrial Outdoor Storage Site Near Miami Int’l Airport Trades For $52 Million
Marc Smouha and Jonathan Marti with Corepoint RE brokered the off-market deal.
Newgard Group, Imperial Moto Announce Revault: A Design-Driven, Luxury-Car Vault And Collector Car Community In Miami’s Little River
The 80,000-square-foot project will feature a limited collection of 16 luxury Car Studios, a members-only Clubhouse, an indoor Padel Club, and Imperial Moto’s signature café.