CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
4,000-SF Retail Property Sells For $1,163 PSF
Drew A. Kristol and Kirk D. Olson, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, an affiliate of Lombardi Properties and Bayshore Investment Partners.
Excel Construction Of Florida Breaks Ground On Class A Industrial Spec Building In Broward For IDI Logistics
Larry Dinner of CBRE is the leasing representative for IDI Logistics for the new building.
Bridge Industrial’s Fort Lauderdale Logistics Park Reaches 100% Occupancy
Bridge Industrial had the property rezoned and subsequently built two Class A industrial Building for a total of ±174,129 SF.
Media Realty Closes Off-Market Sale Of 10-Building Mid-Core Apartment Portfolio
The sale price equates to $136,750 price per unit; $200 per square foot; and a 4.8% capitalization rate.
Integra Investments & Constellation Group Ink 2 Leases For NYC Financial Firm Relocations
Steven Hurwitz, managing director with JLL, represented the landlord partnership in the transactions.
Franklin Street Merges With Boutique Firm In South Florida
The boutique firm was founded in 2016.
Marcus & Millichap Negotiates Sale Of Medical Office Building
Alex Zylberglait and Michael Crocchiola, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller.
Class A Office Building In Boca Fetches $99.5 Million
The 10-story building is considered one of the premier office properties in Boca Raton.
Tricera Capital Acquires Office Tower In West Palm Beach
The 18-story tower was repositioned from a Class B to a Class A asset and is currently 61% leased.