CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Joint Venture To Develop $500M Transit Village Mixed-Use Project In Downtown West Palm Beach
The project is expected to cost over $500 million to develop.
Berkadia Arranges $133M Sale Of New Multifamily Community In Miramar
LUMA at Miramar was built in 2019 and stabilized in Q1 2020, with occupancy remaining at or above 90 percent throughout 2020 and 2021. The property was fully occupied at the time of sale.
Berger Commercial Realty’s Keith Graves, CCIM Negotiates 12,000-SF Lease Renewal For YMCA
“This was a mutually beneficial transaction, and we are all thrilled that YMCA’s corporate office will maintain it’s presence in Downtown Fort Lauderdale.”
Colliers Secures Financing For New Mixed-Use Residential Project In Pompano Beach
The project’s sponsors consist of a seasoned development team that has been active in South Florida for decades.
DWNTWN Realty Advisors Closes Sale Of Prime Property In Miami’s MiMo District
The 17,325-square-foot site sold for $1.88 million to a company that plans to construct a new corporate headquarters and sales center at the site.
Marcus & Millichap Brokers Record-Setting Cap Rate Sale
Jonathan De La Rosa and Eduardo Toledo, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property.
Development Site In Miami’s Art & Entertainment District Sells
The site is currently zoned for T6-24A-0, which will allow for a building up to a height of 48 stories. The site is also located within a federally designated Opportunity Zone.
MG Developer Breaks Ground On Its First Luxury Residential Tower In Hialeah
Metro Parc will be a 3.26-acre project that will consist of two, mixed-use tower buildings that will feature 560-units of rental apartments comprised of studios, one-bedroom/one bath, and two bedroom/ two bath ranging from 500 square feet to 1000 square feet.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.