The FLCCIM YPN will cater to the preferences, activities and style of those mostly under 40 members of our commercial real estate community and will be instrumental in further engaging this segment of the membership, especially given the large number of professionals working in the CRE industry and the wide age variation among them.
He will be focusing on industrial leasing and sales within the South Florida market.
The buyer paid $5,350,000 for the asset.
Foundry and HighBrook purchased the property from a family business unit that had owned AIC for more than 20 years.
Alex D. Zylberglait, Senior Managing Director of Investments in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was also secured and represented by Zylberglait.
The development site will be home to The M Tower, an approved 53-story, 440-unit apartment tower.
Here are the most popular news headlines this past week on CRE-sources.
The tenant leased the entirety of Building Two and half of Building One.
As part of the agreement, Boynton Beach’s Department of Economic Development and Strategy will provide a one-time $50,0000 grant for programming within the space.
The transaction was brokered by Jordan Gimelstein and David Spitz of Koniver Stern Group.