Berkadia Arranges $355M Sale For Grant Cardone’s Purchase Of Two Multifamily Properties

In addition, Berkadia lined up a $280.3 million loan for the acquisition.

JLL Capital Markets Closes Sale Of Miami Industrial Facility To Prologis

JLL marketed the property on behalf of the seller, KDD Enterprises Inc., which has owned the property since it was developed in 1995.

Office Campus Sells For $320M, Marking South Florida Record

New York-based DRA Advisors bought the 1.7 million-square-foot office park

JLL Capital Markets Arranges $64M Construction Loan For New Three-Building Logistics Park In Doral

Once completed in the spring of 2022, the project will be a state-of-the-art warehouse facility with modern features such as a 36-foot clear height and 110 dock-high doors.

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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.

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SVN Commercial Partners Announces Record Breaking Sale Of Miami Industrial Property

With a sale price of ±$185 per square foot, the sale established a new high watermark for small bay warehouses.

Stiles Represents Local Firm In Pair Of Sales Transactions

Stiles Vice President Bill Pace negotiated the transactions.

Chase Bank Branch Sells For $919 PSF

Drew A. Kristol and Kirk D. Olson, both Senior Vice Presidents of Investments in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, Konover South.

West Palm Beach Housing Portfolio Sells For $59M

The West Palm beach portfolio encompasses 309 units in garden style properties.