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South Florida Millenials Drop $43 Million On Warehouse Portfolio

The acquired portfolio comprises three distinct business parks.

Berkadia Completes Sale, Financing Of Value-Add Apartment Complex In Deerfield Beach

Roberto Pesant, Jaret Turkell, Yoav Yuhjtman, Jose Mota, and Omar Morales of Berkadia South Florida led the $24.6 million sale on behalf of the seller. Mitch Sinberg, Brad Williamson, Matt Robbins and Scott Wadler secured $14.76 million in acquisition financing through a bank on behalf of the buyer.

$24.5M Construction Loan Secured For Condo-Hotel Development In Brickell

The wellness-forward condo-hotel project is more than 50 percent sold, with this milestone paving the way for a 2025 delivery in Miami’s Brickell neighborhood.

Colliers Facilitates Sale Of Miami River District Development Site For $10M

Colliers Vice President Virgilio Fernandez represented the seller and the buyer in the transaction.

Pebb Capital Secures $173M Construction Loan For Delray Beach Development

The transformative, mixed-use development spans approximately seven acres.

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CRE-sources’ Top 5 Most Popular Stories This Week

Here are the most popular news headlines this past week on CRE-sources.

The Easton Group Acquires 45,000-SF Distribution Center From Frito Lay

Frito Lay will remain as a tenant for the time being but is planning to relocate to a larger facility in the near future.

New Class A Boutique Office Slated For Merrick Park

The office with retail component including a rooftop venue will bring sophisticated work/play experiences to Coral Gables’ Merrick Park district. Groundbreaking is scheduled for Q4 2023 with completion in 2025.

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Bridge Point Cold Logistics Center Fetches $113 Million

The 312,103-square-foot facility is leased to food logistics company FreezPak.

Cushman & Wakefield Arranges Sale Of Opa Locka Industrial Portfolio

The portfolio totals 138,979 square feet.