Here are the most popular news headlines this past week on CRE-sources.
Transwestern Senior Managing Directors John Bell and Kevin Markwordt arranged the disposition on behalf of the undisclosed seller.
Located at 3601 North Miami Avenue in Miami, the site sits at the gateway of three of Miami’s three most dynamic, high-growth districts: Miami Design District, Midtown Miami, and Wynwood.
The tenant now occupies the building’s first and second floor spanning over 95,000 square feet of office space, accounting for the majority of the building.
Richard was a fixture in the commercial real estate world in Broward and Palm Beach Counties, forever networking and enjoying countless industry events.
At $226 per square foot, the sale represents the highest price per square foot in Cypress Creek over the past decade.
Real estate investor and motivational speaker Grant Cardone bought the office complex.
JLL worked on behalf of the borrower, Sterling Organization, to secure the five-year, fixed-rate loan.
ShareMD paid $6.45 million in the off-market deal that closed May 21.
Berger Commercial’s Brian Batchelder, Jonathan Thiel and James Karrat negotiated the deal.
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