CBRE Capital Markets Secures $113.6 Million In Financing For Mayfair In The Grove
CBRE’s Amy Julian and Andrew Chilgren represented the owner, WMP I LLC, in the transaction.
CBRE’s Amy Julian and Andrew Chilgren represented the owner, WMP I LLC, in the transaction.
The project includes 358 apartment residences, including 90 workforce housing units, as well as a 19,000 square feet of outparcel retail, in which Trader Joe’s which will occupy 15,000 square feet of the commercial space.
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The new team additions bolster Cushman & Wakefield’s capabilities in Florida’s burgeoning Treasure Coast and Space Coast regions.
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Developed for owners, investors, asset managers, and brokers across Florida and the U.S., ValueGrid modernizes the traditionally static valuation process by combining property organization, document management, and valuation ordering in a single digital environment.
The project will total nearly 360,000 square feet.
When fully built out across all three phases, the project will feature five residential towers ranging from 21 to 24 stories, with approximately 1,292 rental residences, 36,000 square feet of restaurants and retail, and 1.1 million square feet of access-controlled parking with 2,650 spaces.
The shopping center was developed between 1993 and 1998 and is anchored by Whole Foods and Home Depot, and shadow-anchored by Sam’s Club.
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