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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.

Taubco, Landau Properties Close $74 Million Construction Loan For Trophy Office Building

The office building will be the only Class A office building in Miami to offer private boat access and dockage.

Cushman & Wakefield Arranges Sale, Financing Of Newly Constructed 2-Building Portfolio

The small-bay light industrial buildings were 95% leased at the time of sale to 42 tenants.

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Stiles Acquires Shoppes Of Wilton Manors With Plans To Renovate, Sign New Tenants

The property was acquired as part of Stiles’ recently announced acquisitions strategy, which targets value-add retail properties in Florida. A detailed renovation is scheduled to begin early 2025.

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Berger Commercial Realty’s Steve Hyatt Negotiates Sale Of 3.88-Acre Vacant Parcel In Fort Lauderdale

The buyer plans to develop the property into a 4-building self-storage facility, with plans already approved for a 150,000 square foot self-storage complex.

CBRE Arranges Sale, Financing Of Boca Office Building

The four-story, 93,219-square-foot boutique office building traded for $20 million.

Native Realty Continues CRE Recruitment Push With Addition Of Seasoned Senior Associate

Native has more than tripled its number of brokers in the past year and is actively interviewing senior commercial real estate brokers in Broward and Palm Beach counties.

Marcus & Millichap Brokers $12 Million Sale Of Mixed-Use Office, Retail Portfolio In Coral Springs

The property includes 58,446 square feet of rentable space across two buildings on 5.23 acres.

Colliers Reps Law Firm’s Extended Lease, Internal Move To New 18,000 SF Office

Colliers’ Stephen Rutchik represented the long-term tenant in the lease renewal. JLL’s Steven Hurwitz, Doug Okun, and Madeline Fine represented the landlords in the lease transaction.