AEW Capital May Be New Flagler Station Owner
AEW is in a controlling position that allows it to reject TPG’s potential sale of Flagler Station to any other prospective buyer. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
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AEW is in a controlling position that allows it to reject TPG’s potential sale of Flagler Station to any other prospective buyer. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
The firm has been named the exclusive representing broker for Pei Wei Asian Diners, a restaurant concept owned by PF Changs for their expansion in all of Miami-Dade, Broward, Colliers and Lee counties. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
The move’s estimated cost includes relocating the company’s newspaper operations, construction of a production facility, a $3.1 million land acquisition, “accelerated depreciation” and moving expenses. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
The portfolio includes all of Flagler’s developed assets, including those in Northeast Florida. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
It’s predicted that the asset will sell for $250 million to $275 million, or about $318 to $350 per square foot. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
Brian Smith, executive director at Cushman & Wakefield, handled the deal with fellow executive director Audley Bosch. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
The Herald also completed the purchase of an adjacent six acre site, which will house the company’s 119,000 square foot production building. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
The new deals and expansions have brought the building’s occupancy near 90 percent.. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
With the renovation comes the first major building tenant, which has signed a lease for about a quarter of the available space. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
The previous sale was for $15.5 million in 2007, before the anchor tenants’ stores were built. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
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