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With more than 10 years of experience in the commercial real estate industry, he specializes in the representation of owners and tenants in the management of their design and construction teams.
Senior Managing Director Charles Foschini and Managing Director Chris Apone secured the financing on behalf of the Aventura, Florida-based developer.
Gordon Messinger, an Executive Vice President with CBRE, represented the landlord in lease negotiations. Clay Sidner with Newmark represented the tenant.
The sellers bought the two properties in 1996.
The loan will allow the developer to ready its 6-acre waterfront site for its slated summer 2023 groundbreaking.
CBRE’s Tom O’Loughlin, Larry Dinner and Larry Genet are the leasing agents for the project.
The property is expected to be completed in February 2023.
Seasoned real estate veteran Scott Sherman has officially launched Torose Equities, a Miami-based real estate investment firm with a value-add urban retail, office and mixed-use strategy targeting the Southeastern United States.
The company only plans to use about half of the space to house a showroom and its headquarters, now in Pompano Beach and sublet the other half, subject to the landlord’s approval.
The 159,722-square-foot, 9.2-acre property built in 1989 last sold in 1996 for $7.2 million.
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