Senior Managing Directors Roberto Pesant and Jaret Turkell, along with Directors Omar Morales and Yoav Yuhjtman of Berkadia South Florida, led the transaction on behalf of the seller, MAG Real Estate & Development of Delray Beach.
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The site spans six parcels and is one of the last remaining sites of this size allowing for large-scale development in the Edgewater area.
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Vice President Bradley Arendt, Executive Vice President Mika Mattingly and Associate Jonathan Papeika of the Colliers South Florida Urban Core Division represented the seller in the transaction. Ryan Shaw of Marcus & Millichap represented the buyer.
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The transaction was facilitated by Berger Commercial Realty/Corfac International Senior Vice President Stephen Hyatt, who represented the seller.
Prior to joining Lee & Associates South Florida, he served as Senior Associate at Apex Capital Realty and worked closely with CBRE, managing a national bank portfolio spanning three states and 150 locations.
Here are the most popular news headlines this past week on CRE-sources.
Here are the most popular news headlines this past week on CRE-sources.