Marcus & Millichap Brokers $10.7M Deal For 60-Unit Complex In Lake Worth
The property is comprised of 30 duplex buildings on six adjoining parcels totaling 9.61-acres of land.
The property is comprised of 30 duplex buildings on six adjoining parcels totaling 9.61-acres of land.
At the time of sale, The Shops at Village Square was fully occupied by 15 retail, office, and service tenants.
Claudia, who has spent most of her life in South Florida, is bi-lingual and has more than ten certificates of training with the Federal Emergency Management Agency.
Larry Genet, Tom O’Loughlin and Christina Searles with CBRE represented both the buyer and seller in the transaction.
The new mixed-use apartment community named Alhambra Parc will feature 33-units and retail on the ground floor.
The 71,307 square foot property features prominent frontage on South Federal Highway in the heart of Fort Lauderdale.
Year-over-year, the Miami industrial market experienced a 53 percent jump in rent.
Here are the most popular news headlines this past week on CRE-sources.
The mega complex features a 316-key Hilton Miami Bayfront Hotel with endless amenity and entertainment areas, 163 Sky Residences with exclusive owners-only amenities, 236 Short-Term Rental Residences powered by Hilton Hotels & Resorts, and 64,000 square feet of ‘Class A’ office space.
“This sale continues the trend of the purchase of land or buildings on Federal Highway and Sunrise Boulevard for redevelopment spreading north from downtown and The Flagler Village area,” commented Hyatt.
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