Morning Calm Forms $500M JV To Finance Office Properties
An estimated $566 billion of debt maturities are coming due across the sector over the next five years.
Marcus & Millichap Arranges Sale Of Medical Office Building For $4.5 Million
The property consists of 1.61 acres of land and a 13,986-square-foot medical office that will be Blue Cloud Pediatric Surgery Center’s newest Florida location.
Sperry Commercial Global Affiliates | RJ Realty’s Ron Osborne Closes Two Property Sales Totaling $7.55 Million
“The market is a shifting from a Seller’s market to a market-in-equilibrium and depending on future interest rate increases, it could shift to a Buyer’s market,” commented Osborne. “Demand is high for all asset classes and certain property types that are harder to locate and in demand and are trading quickly at top values like the 1771 S State Road 7 property.”
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Berkadia Arranges $165M Construction Loan Takeout Refinancing For South Florida’s Multifamily Development Of The Year
Berkadia Managing Directors Scott Wadler, Brad Williamson, and Matt Robbins, Senior Managing Director Mitch Sinberg, and Vice President Michael Basinski of Berkadia South Florida arranged the loan on behalf of the Miami-based sponsors.
Logistics Company Opens Fort Lauderdale Office, Plans To Hire 40 In 2023
CBRE’s Brian McDonnell, Bill Sheehy, and Thomas Haughton represented TransLoop in the transaction. CBRE’s John Criddle, Joe Freitas and Allie Lancashire represent the landlord, Ivy Realty.
Flagler Global Logistics’ Chris Sutton , Vivo Real Estate Group’s Carlos Velasquez Join Forces, Launch Brokerage
VSRE has also been contracted to develop apartment buildings, retail, and offices.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
BH Group, PEBB Enterprises Close $104 Million Acquisition Of Office Depot HQ Campus In Boca Raton
Located at 6600 N. Military Trail, the campus includes 650,000 square feet of office buildings on nearly 29 acres overlooking the Broken Sound Country Club’s golf course.
Plantation Office Building Fetches $37.9 Million
JLL represented the seller and procured the buyer.