UHealth To Be Lead Anchor In Downtown Doral’s New Retail Expansion With Full Wing Lease

UHealth will occupy 11,243 square feet, which will include comprehensive eye care from Bascom Palmer Eye Institute, and physical therapy services, such as hand therapy and pelvic floor rehabilitation. 

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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.

Kenneth Krasnow Joins Cushman & Wakefield

Krasnow will be based in the firm’s Boca Raton office and specialize in providing advisory services for local public sector entities and higher education institutions.

JLL Completes Sale, Financing For Trophy Asset In Palm Beach County

JLL’s Seniors Housing Capital Markets team procured the buyer, AEW Capital Management, and secured the three-year acquisition loan through Capital One Bank on behalf of the buyer.

Avison Young Closes Court-Ordered $70.5M Sale Of Biscayne 85

The final sale price doubled the initial stalking horse bid, resulting in a significant victory on behalf of the victims.

Codina Partners Closes On $124M Loan, Becomes Sole Owner Of Downtown Doral Residential Complex

Codina Partners previously co-owned Tower One with Invesco, while solely owning Tower Two.

Miami Beach Property Sale Breaks Florida Record

The transaction marks the highest value attributed to a freestanding restaurant property in Florida’s history, showcasing the demand for irreplaceable assets in Miami’s exclusive South of Fifth neighborhood.

First State Bank Announces South Florida Expansion With Addition Of Experienced Commercial Lender

Joseph Hamam joins First State Bank with an extensive track record of success in commercial lending in the South Florida area helping businesses of all sizes secure the financing they need to grow and thrive.

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Bridge Industrial, CPP Investments Form $789 Million Joint Venture

This partnership will allow Bridge and CPP Investments to target high-quality industrial properties in key markets, as retailers compete for faster shipping times despite increasingly limited space for new warehouse construction.

Mast Capital, Starwood Capital Group Secure $400 Million Construction Loan For Ultra-Luxury Condominium

Currently starting at just over $10 million, over 75% of residences are already sold.