Managing Directors Michael Weinberg and Scott Wadler of Berkadia South Florida orchestrated the financing on behalf of Driftwood Capital, a prominent hospitality sponsor headquartered in Miami.
Here are the most popular news headlines this past week on CRE-sources.
The sale price equates to $214 per square foot.
The project includes 663 units located at the entire block that includes 901 E 26th Street.
Bridge Point Gratigny will be a 409,000-square-foot+ logistics facility featuring in-demand tenant amenities, including 100+ secured, on-site trailer parking.
The transaction would set a record if the purchase closes at this price.
Easton’s Michael Foxwell Jr. and Andrew Easton negotiated the lease transactions.
The software company, with 2,000 employees worldwide, said last week it would relocate its headquarters from San Francisco to Miami.
Day Pitney Attorney Daniel Diaz Leyva represented NY-based Highpoint Property Group, which acquired the site in a joint venture with local partner Akabas Properties.
Having originated in Netanya, Israel in 1998, the popular brand now has locations throughout the world including Australia, London, Spain, Cyprus, Puerto Rico and, within the USA, locations in New York, Los Angeles and now its first location in Miami.