CBRE Executes Sale Of Three-Building, 692,000-SF Industrial Portfolio
The three-building Class A portfolio is fully leased to six tenants.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
First Office, Industrial Real Estate Development Planned For Westlake
A partnership between Ft. Lauderdale-based Mitchell Property Realty, Inc. and Atlanta-based Ridgeline Property Group acquired the property and plan on developing a 227,000-square-foot spec office, warehouse, distribution facility located inside Westlake Landings, a 50-acre master-planned business park located off Seminole Pratt Whitney Rd.
Cresa Closes Three New Lease Transactions Totaling 157,000 Square Feet
Pompano Beach, and Broward County as a whole, is seeing unmatched commercial and industrial real estate demand.
Surfside Collapse Site To Be Sold Via Live Auction On May 24th
Bidding deposits and qualifications must be submitted to the court-appointed receiver, Michael Goldberg, no later than 5 p.m. on Friday, May 20, 2022.
The Yacht Portfolio Signs On For New 17,000 SF Office In Fort Lauderdale
According to CBRE Research, strong leasing was sustained in the first quarter with more than 630,000 square feet in office transactions executed in Broward County.
Electra America, BH Group Buy South Florida Mall For $100.4M, Plan Mixed-Use Redevelopment
The mall was 80 percent leased at the time of sale to more than 100 tenants.
Berger Commercial Realty’s Steve Hyatt Negotiates $15 Million Sale Of Fort Lauderdale Development Site
The property is located in downtown Fort Lauderdale, just south of the New River. Zoning is high density RAC-CC which allows for office and multifamily development.
PEBB Enterprises/Banyan Development Acquire Boca Raton Office Portfolio
The portfolio consists of seven multi-tenant office buildings totaling 308,305 square feet.
Bridge Industrial Secures $154M Construction Loan For Phase II Of Bridge Point Commerce Center
Phase I of the highly successful logistics park totals 1.1 MSF and is fully leased; Phase II totals 1.6 MSF of Class-A industrial space and will be delivered in 3Q 2023.