JV Purchases 100,525 SF Office Building In West Palm Beach For $32.5 Million
The asset is 87 percent leased to a diversified tenant roster with five or more years of weighted average lease term.
Apex Capital Realty Closes Sale Of Industrial Development Site
The transaction marks one of the highest sales for industrial land in North Fort Lauderdale.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Berkadia Arranges $20M Construction Loan For Class A Warehouse In Miami’s Medley Submarket
The to-be-built warehouse will total 174,348 square feet.
SVNCR’S Kattan, Peragine Represent Seller In Allapattah Industrial Sale To Rubell Family
The property was the former headquarters of the family-owned and operated Rex Discount.
Miami Condo Building Sells For Over $1M Per Unit
The 15-unit waterfront condo is centrally located in North Bay Village.
Berger Commercial Realty Reps Tenant In 30,000 SF Long-Term Lease Deal
Berger Commercial Realty/Corfac International Managing Director-Palm Beach County Michael Feuerman, Esq., SIOR, CCIM and Sales Associate Daniel Silver, along with Matt Sultenfuss, SIOR, Managing Partner at Tampa-based Avocat Group, negotiated the deal on behalf of the tenant.
Duke Realty Inks Its Largest South Florida Lease Deal
The company announced the start of the 501,224-square-foot speculative development at 10300 NW 121st Way in Medley in May 2021. The building is now 100 percent leased.
Cushman & Wakefield Arranges Sale, Financing Of West Palm Beach Industrial Property
The final sale price was $22 million, equating to $155 per square foot.
Sperry CGA | RJ Realty’s Ron Osborne Negotiates Sale Of Oakland Park Retail Plaza
The property was listed at $4,950,000 and within days, multiple full price offers were received – some over list price. The property closed within 0.5% of list price and a sub 5% capitalization rate.