$44.85 Million Sale Of Miami Grocery-Anchored Retail Center Closes
The 100-percent-leased Deerwood Town Center is anchored by a strong-performing Fresco y Mas and Home Depot and also includes Amped Fitness, Pet Supermarket and TD Bank.
The 100-percent-leased Deerwood Town Center is anchored by a strong-performing Fresco y Mas and Home Depot and also includes Amped Fitness, Pet Supermarket and TD Bank.
Here are the most popular news headlines this past week on CRE-sources.
“These two industrial assets offer an exceptional value-add opportunity in both of these booming industrial markets,” commented Alex Redfearn, Principal and Founder of Redfearn Capital. “Our team was able to secure both properties off market and execute in a challenging economic environment.”
The leases include six new-to-market tenants, two market relocations and numerous lease renewals and expansions, Laurel Oswald, Jon Blunk and Cristina Glaria of TCRE exclusively represent the landlord, Alliance HP.
Cushman & Wakefield’s Greg Miller, Scott O’Donnell, Mike Ciadella, Dominic Montazemi, and Miguel Alcivar represented both the buyer and seller in the transaction.
Bridge plans a multi-million dollar reinvestment to upgrade the facilities and rename them Bridge Point Palmetto Lakes.
Before joining Colliers, Pace served as a Senior Leasing Representative for Duke Realty.
Rodriguez will be based in Miami in the role of Colliers’ national director of industrial services.
The long-term lease brings Building A to 100% occupancy.
Platinum is the highest level attainable by the USGBC, showing exemplary leadership in sustainable building practices.
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