Illustrated Properties Launches Commercial Real Estate Division

The new division is led by Director of Commercial Real Estate Shane McCain.

Lincoln Road Adds More Than 70,000 SF Of New Retail, Dining And Experiential Tenants

“Lincoln Road is experiencing one of the most exciting periods of growth and reinvestment in its recent history,” said Lyle Stern, president of the Lincoln Road Business Improvement District.

Berkadia Arranges $15.56M Refinancing Of Industrial Asset In Pompano Beach

The property is currently 100% occupied by two tenants.

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CRE-sources’ Top 5 Most Popular Stories This Week

Read on for the most popular news headlines this past week on CRE-sources.

Net-Leased Specialty-Use Building In Pembroke Pines Secures $14.4M Non-Recourse Loan

JLL Capital Markets’ Debt Advisory team representing the borrower was led by Managing Director Max La Cava, Associate Justin Ratcliffe and Analyst Abbie Kushner.

Prologis Expands Broward Industrial Holdings With $352M Davie Acquisition

The purchase price works out to roughly $308 per square foot.

CBRE Arranges Sale, Financing Of Broward Shopping Center

The property is anchored by two charter schools, which comprised approximately 86% of the leased space at the time of sale.

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Sperry RJ Realty Announces Sale Of Fort Lauderdale Automotive Property Portfolio

The property was originally brought to market as a lease opportunity, with ownership having no initial plans to sell. However, within days of the property signage being installed, multiple prospective tenants expressed interest in purchasing the site rather than leasing it.

Transwestern Brokers 116,000 SF Of New Leases At Sycamore Logistics Center

Transwestern’s Carlos Gaviria and Walter Byrd represented the owner, Link Logistics, in the transactions, which range from 27,086 to 61,724 square feet.

Cushman & Wakefield Arranges Investment Sale Of Fort Lauderdale Office Center

Cushman & Wakefield’s Scott O’Donnell, Mike Ciadella, Greg Miller and Miguel Alcivar structured this transaction “off market.”