Swiss Real Estate Firm Acquires Rare Development Site West Of Brickell
JLL Capital Markets brokered the transaction on behalf of the seller, an investment group from South America.
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JLL Capital Markets brokered the transaction on behalf of the seller, an investment group from South America.
Senior Managing Director Charles Foschini, Managing Director Chris Apone and Senior Analyst Shannon Wilson of Berkadia Miami secured the financing on behalf of Neology Life Development Group, a lifestyle-driven residential and commercial real estate firm led by Lissette Calderon.
CBRE Executive Vice President Gordon Messinger represented the landlord, Banyan Street Capital, in all lease negotiations.
The multi-phased, $38.5-million project totals over 850,000 square feet of Class A warehouses.
The financing is SCALE Lending’s first deal in South Florida.
The multimillion-dollar purchase, redevelopment, and headquarters expansion project, will be named “Counsel Commons.”
Colliers’ Executive Vice President Robert Listokin represented FirstService Residential in the lease negotiations.
Healthcare real estate is often referred to as recession proof, and as many industries reduce their commercial footprint, medical groups and physicians are betting big.
The load bearing, tilt-wall structure is scheduled to be delivered in the second half of 2023.
Having opened three new locations earlier this year, the fitness innovator plans to occupy its new space by November of this year and add another 5 locations within the next 12 months.
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