The Estate Companies Secures $29.5M In Construction Financing For Hotel Redevelopment
The developer plans to transform the shuttered Ramada Inn into a mixed-use community with 251 rental units and 5,500 square feet of retail.
Franklin B. Morrison Executes Sale Of Industrial Investment Property Within 30 Days Of Assignment
A long term (20+ years) tenant recently signed a new 7-year lease starting January 1, 2021 with 3% annual increases at the property.
The Commercial Industrial Association of South Florida (CIASF) Announces New Officers And Board Members
CIASF provides membership services to commercial and industrial professionals, affiliates, and service providers.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
7-Eleven In Miami Beach Sells For $11.25 Million
The store property has the distinct advantage of having virtually no competition within this portion of the Miami Beach.
NAIOP South Florida Selects 2021 Awards Of Excellence Finalists
The annual celebration, which acknowledges excellence throughout the South Florida commercial real estate (CRE) industry, will be held Thursday, May 20th, outdoors at the Fort Lauderdale Marriott Harbor Beach Resort & Spa with limited capacity from 5:30 to 9 p.m.
CBRE Arranges Sale Of Light Distribution Warehouse In Medley
The 24%-leased newly constructed warehouse was sold to TA Realty.
Butters Acquires Commercial Development Site In Pompano Beach For $3.9 Million
Adam J. Tiktin, president and broker of TREIS, represented both the Buyer and Seller in the transaction.
Iberia Foods Leases 78,000 SF
Transwestern’s South Florida Industrial Team – Thomas Kresse, Walter Byrd, Ben Eisenberg and Carlos Gaviria – represented the owner in the transaction. The Easton Group’s Michael Waite represented Iberia Foods.
Aztec Group Arranges $15 Million Sale Of Suburban Office Property In Miami Gardens
The subject property features two 5-story office buildings on 5.78-acres with frontage on SR-7 (441) just 1-mile north of the Golden Glades Interchange.