CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
$11.9M Multifamily Portfolio In Palm Beach Hits The Market
The buildings, which combined total over 75,000 square feet, range from two to 14 units per property.
One Of The Oldest Churches In Miami-Dade County Sells
The buyer plans to adapt the property into restaurant, retail and office space.
BRIDGE Closes On $78.24 M Financing For Bridge Point AVE
The three-building, nearly 600,000-square-foot Class-A industrial park is 72% preleased and on schedule to be delivered in the third quarter of 2021.
Cushman & Wakefield’s Deanna Lobinsky, Chase Kulp Arrange Two Office Leases Totaling 20,198 Square Feet
The team completed some of Broward County’s largest deals in 2020 with 36 transactions totaling 259,765 square feet of leases.
Subway Inks 64,000 SF Office Lease
Subway spokeswoman Maggie Truax said the new Miami office would house about 100 existing and new employees.
JV Pays $32 Million For Pinecrest Mixed-Use Property
The property totals a combined 94,175 square feet.
American Ventures Partners Launches $1B Fund To Invest In Distressed CRE
The new fund will focus on properties valued at more than $50 million and priced below replacement cost.
Berger Commercial Realty’s Steve Hyatt Negotiates Sale Of Downtown Office Building
The building, which is situated on .16 acres, is located in close proximity to Broward General Medical Center and the new Broward County Courthouse.
Integra Investments, Flying Point Real Estate Acquire Fort Lauderdale Property For $7.2 Million
The site was purchased from Esposito Enterprises Inc., an affiliate of Vinny Esposito, the owner of the staple restaurant Franco & Vinny’s, which will continue to operate on property. There are no current plans underway for redevelopment of the site.