South Florida Healthcare Real Estate Players Partner To Expand Portfolio
The JV will expand their portfolio with the development of five Class A medical office buildings in Florida.
The JV will expand their portfolio with the development of five Class A medical office buildings in Florida.
The acquisition marks Ciprés’ second major development project in South Florida and represents a significant expansion northward for the Miami-based company.
The joint venture intends to redevelop the 11.3-acre Signature Grand site into The Park at Davie.
Trustone Advisors successfully negotiated the sale in an off-market transaction.
Native Realty’s Jaime Sturgis and Sara Dorfman closed the property sale on behalf of the seller after just 21 days on the market.
Here are the most popular news headlines this past week on CRE-sources.
The bank also inked a 13,000-square-foot lease at Related Companies’ 360 Rosemary office building in West Palm Beach.
Excel Construction transformed an empty shell into a first-generation workspace that includes 12,862 sq. ft. of office space, and 253,390 sq. ft. of warehouse/packaging space.
CBRE National Partners’ José Lobón, Trey Barry, Frank Fallon, and Royce Rose represented the seller, New York-based Lightstone in partnership with Mavik Capital, in the transaction.
Dalfen Industrial paid $25,294,000 for the property in July 2020.
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