Realterm Acquires Industrial Outdoor Storage Maintenance Facility

The site includes a 25,000-square-foot, 10-door maintenance shop as well as a 3,000-square-foot standalone office building.

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CRE-sources’ Top 5 Most Popular Stories This Week

Here are the most popular news headlines this past week on CRE-sources.

Marcus & Millichap Arranges Sale Of Deerfield Beach Retail Property

Scott Sandelin, an investment specialist in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a partnership between MMG Equity Partners, Mouhalis Capital Management, and GW Properties. Sandelin also procured the buyer.

Cushman & Wakefield Names Managing Principal Of South Florida

He will be responsible for the firm’s Miami, Fort Lauderdale, Boca Raton, and West Palm Beach markets and oversee more than 450 professionals across the South Florida region.

East Capital Partners Breaks Ground On New Distribution Center In South Florida

Devin White with CBRE Industrial & Logistics will be leading marketing efforts.

BBX Logistics Properties Celebrates Groundbreaking Of 40-Acre Industrial Park

The initial phase of the project includes the construction of a 200,000-square-foot building, with plans for two additional buildings to follow. This phase can accommodate tenants seeking spaces as small as 50,000 square feet.

39-Unit Multifamily Property Trades For $8.7 Million

The multifamily property is located to the east of Biscayne Boulevard, making it one of the few rental buildings located east of US-1. Additionally, Florida International University’s Biscayne Bay Campus is within walking distance, and the property is near several mixed-use developments in the area.