The 2.8-acre site, which is zoned industrial, includes a 12,000-square-foot, two-story main building; a 7,500-square-foot warehouse; and a 2,200-square-foot maintenance shop as well as parking spaces for over 45 trucks.
Read on for the most popular news headlines this past week on CRE-sources.
JLL Capital Markets’ Debt Advisory team representing the borrower was led by Managing Director Jesse Wright, Associate JJ Hovenden and Analyst Luke Maganas.
Bridge Industrial has commenced preliminary site preparations at the property with delivery anticipated in the first quarter of 2027.
Before joining Illustrated, he led a high-producing team at BluEdge with nearly $80 million in combined commercial and residential volume across Palm Beach County and the Treasure Coast.
The 3.23-acre multifamily development site is located at 11240 Biscayne Blvd.
The 4,760-square-foot building was sold for $4 million.
In addition to naming a new senior vice president of the firm’s tenant representation team, JLL has added three other hires to bolster its South Florida brokerage teams.
The full-service restaurant that will serve as a centerpiece of the reimagined Huizenga Park, which is slated to reopen in early 2026.
Colliers’ Gary A. Gottlieb partnered with Mark M. Rubin, Bastian Schauer, and Ryan Buckner of the South Florida Investment Services Team to represent the seller.