Commercial Property Sells For 75% Increase In Less Than One Year
The property, which was 100% occupied, closed on May 12 for $11 million.
Five-Building Office Complex In West Palm Sells
Northeastern investors continue to move their capital to the West Palm Beach office market.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Vacant Downtown Fort Lauderdale Land For Development Sells For $20M
One of the few remaining vacant parcels in the central business district, the property is primed for office, multifamily, hotel, or mixed-use development totaling more than 500,00 square feet of rentable space.
MHCommercial Real Estate Fund II Acquires Office Complex For $45.9 Million
The price equated to $267 per square foot.
Major Redevelopment Project Planned For Pembroke Park
Seneca Town Center is anticipated to be one of the first of many major redevelopment projects throughout the Town of Pembroke Park.
Cushman & Wakefield Arranges $56.7 Million Sale Of Metro Miami Office Portfolio
Mike Davis, Dominic Montazemi, Miguel Alcivar, Adam Spies, Rick Brugge, and Rick Colon of Cushman & Wakefield represented both the seller and buyer in the transaction.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
First Office, Industrial Real Estate Development Planned For Westlake
A partnership between Ft. Lauderdale-based Mitchell Property Realty, Inc. and Atlanta-based Ridgeline Property Group acquired the property and plan on developing a 227,000-square-foot spec office, warehouse, distribution facility located inside Westlake Landings, a 50-acre master-planned business park located off Seminole Pratt Whitney Rd.
The Yacht Portfolio Signs On For New 17,000 SF Office In Fort Lauderdale
According to CBRE Research, strong leasing was sustained in the first quarter with more than 630,000 square feet in office transactions executed in Broward County.