CRE-sources’ Top 5 Most Popular Stories This Week
Read on for the most popular news headlines this past week on CRE-sources.
NUC University Florida Technical College Consolidates, Renews Lease At SouthPlace City Center Amidst Major Redevelopment
The college will consolidate its operations into a new 30,000-square-foot facility within the reimagined mixed-use development.
Marcus & Millichap Brokers Sale Of Miami Retail Asset Held For More Than 30 Years
Jonathan De La Rosa, senior managing director of investments in Marcus & Millichap’s Miami office, procured the buyer in the transaction.
Lee & Associates South Florida Brokers Off-Market Office Building Sale In West Palm Beach
C. Todd Everett arranged the sale on behalf of both the buyer and seller.
Continental Realty Corp. Enters South Florida With $87.5M CityPlace Doral Acquisition
The 235,000-square-foot property sold for approximately $372 per square foot.
Bridge Inks 45k Deal With First Tenant At Bridge Point Everglades
The exclusive leasing team for the project—Sky Groden, SIOR; Ken Morris, SIOR; and Jeremy Cain of JLL—represented Bridge in the lease transaction.
Berkadia Arranges $50M Refi Of Miami Industrial Portfolio
The 689,940-square-foot portfolio consists of 20 warehouse buildings located in the Medley submarket.
Newmark Arranges $111 Million Construction Financing For Multifamily Development In Miami
The project will include 2,500 square feet of ground-floor retail, 380 parking spaces and a mix of studio to three-bedroom residences.
JLL’s Sky Groden Brokers $24 Million Sale Of 15 Acres In West Palm
Groden worked on behalf of the buyer, Jon Samuel of Midtown Group, in the sale from Realty Income. Palm Beach County has plans to occupy the property.
Broward MOB Complex Sells For $38 Million
The sale price breaks down to approximately $417 per square foot.