Blanca Commercial Real Estate, MSP Group Announce Sale Of Former Intermex Headquarters
BEC Realty Trust, led by Frank Espinosa, paid $9,200,000, the full asking price, marking a twenty-five percent increase in value.
Industry Vet Joins CBRE Capital Markets Team
He has also been consistently recognized by NAIOP South Florida, including Sale of the Year (2023), Private Office Sale of the Year (2021, 2022), Rookie of the Year award (2018), and Capital Markets Team of the Year (2017).
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
New Mixed-Use Project In Wynwood Heads To Foreclosure
The foreclosure auction is set for July 2.
Cushman & Wakefield Names Managing Principal Of South Florida
He will be responsible for the firm’s Miami, Fort Lauderdale, Boca Raton, and West Palm Beach markets and oversee more than 450 professionals across the South Florida region.
Basis Industrial Expands, Purchases New Headquarters In Downtown Delray Beach
This move comes as the company has quickly expanded its presence nationally and needed a larger office space to accommodate its continued growth. Basis currently has 35 employees, up from just three in December 2020.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Berkadia Secures $35M Loan To Begin Construction Of Phase 2 Of ‘Wyncatcher’ Project In Wynwood
Phase II will consist of 6,000 square feet of ground-floor retail space and 42,000 square feet of creative office space, slated for completion in Q2 2026.
23,500-SF Lease Marks Major New-To-Market Expansion For CRE Finance Firm
While set to open in 2025, the building is already 25% pre-leased.
Marcus & Millichap Exclusively Lists Little Havana Development With Income
The development encompasses three contiguous properties that span 49,000 square feet.