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Institutional Property Advisors Facilitates Sale Of Class A Office Building In Boca Raton

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“The building was 84% leased at the time of sale, and with approximately 40% of the rentable square footage set to roll over in the next four years, new ownership has a compelling opportunity to drive significant net-operating income growth over the next decade,” said Douglas Mandel, IPA executive managing director investments.

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Hersh Equity Group Acquires 118,500 SF Industrial Portfolio In Miami, Port St. Lucie

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The properties are currently 90% occupied with short-term leases and rents that lag the market by 60%–80%.

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Olympus Property Expands Florida Portfolio With Miami Health District Apartment Acquisition

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The acquisition marks Olympus’ first asset in Miami and reflects the firm’s expansion into one of South Florida’s leading employment districts.

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MMG Equity Partners Secures $38 MIllion Refi For Four South Florida Retail Centers

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The four properties total 127,826 square feet and were purchased between 2018 and 2020 for a combined total of $28,900,000.

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Developer Scores Final Approval For South Florida’s Biggest Live Local Act Project

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Spanning 509,447 square feet on approximately 12 acres, The HueHub will feature seven striking 35-story towers comprised of 4,032 thoughtfully designed and furnished residential units.

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Lee & Associates’s Milopoulos, Baena Broker Simultaneous Sale, Lease At Pompano Beach Industrial Property

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While working through the sale and due diligence period, Milopoulos secured a full-building tenant, East Coast Cabinetry, with the assistance of the tenant’s broker Richard D. Abraham, CCIM, SIOR, Broker-President with Abraham & Associates.

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Native Realty Closes Off-Market Office Building Sale In Fort Lauderdale

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Firm CEO Jaime Sturgis and COO Kaley Tuning represented the seller in the $5 million transaction, which equates to $650 per square foot.

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