RIVANI Acquires Historic Lincoln Theatre Building In Miami Beach For $37 Million

The Art Deco retail property spans 35,240-square feet and is currently 98% leased to a premier tenant roster, including H&M, which anchors the property.

Orion Real Estate Group Sells The Shoppes At Jupiter For $52.75 Million In Off-Market Transaction

Orion acquired the property in 2015 for $27.8 million.

Marcus & Millichap Arranges $6.85 Million Sale Of Retail Strip In Broward County

Marcus & Millichap’s Drew Kristol and Kirk Olson represented the seller, a local South Florida investor, in the transaction.

Lee & Associates South Florida Principal C. Todd Everett, SIOR Brokers Industrial Property Sale In Port St. Lucie

“This was a quick listing and closing cycle, which demonstrates the strong demand for this type of high-barrier-to-entry product,” said Everett. “We were able to generate significant buyer interest and close the deal in two months, which reflects the continued strength of the South Florida industrial market.”

top 5 1800x600

CRE-sources’ Top 5 Most Popular Stories This Week

Read on for the most popular news headlines this past week on CRE-sources.

PEBB Enterprises, Banyan Development Bring Lowe’s To New Retail Project In Port St. Lucie’s Tradition

Construction of the 134,000-square-foot store is underway, with a projected opening in 2026.

PDQ4-1207 SE 17TH_Photo Provided by Berger Commercial Realty 1800x600jpg

Berger Commercial Realty Secures 10-Year Lease With Wells Fargo On Fort Lauderdale’s Prime 17th Street Corridor

The lease was expertly orchestrated by Jake Michels, Sales Associate, and Joseph P. Byrnes, Senior Vice President at Berger Commercial Realty, who represented the landlord.