CRE-sources’ Top 5 Most Popular Stories This Week
Read on for the most popular news headlines this past week on CRE-sources.
CBRE Arranges Sale, Financing Of Broward Shopping Center
The property is anchored by two charter schools, which comprised approximately 86% of the leased space at the time of sale.
Sperry RJ Realty Announces Sale Of Fort Lauderdale Automotive Property Portfolio
The property was originally brought to market as a lease opportunity, with ownership having no initial plans to sell. However, within days of the property signage being installed, multiple prospective tenants expressed interest in purchasing the site rather than leasing it.
Creator Marketing Platform Postr To Open HQ In Wynwood
Scheduled to open in August, the 10,000-square-foot space will serve as Postr’s operational and creative hub as the company continues to expand.
CS Ventures Expands Palm Beach Portfolio With Frisbie Property Acquisition Backed By $22M Ocean Bank Loan
The properties were sold by Frisbie Group-affiliated ownership, along with entities tied to ophthalmologist Dr. Stephen Sullivan and Marcia Sullivan.
Vision Real Estate Advisors’ Elon Gerberg, Adam Klein Facilitate $6.64M Sale Of Sunrise Retail Plaza
The property, which was 92% occupied at the time of sale, had been under the same private ownership for the past 20 years.
Cohen Commercial Realty Secures New 25,000 SF Lease For The Christmas Palace
The transaction was represented by Mike Beckert, Chris Haass, and Scott Witkowski of Cohen Commercial Realty (CCR) on behalf of the tenant. Sabrina Stimming and Ruben Suarez of Colliers represented the landlord.
Interface Properties Acquires 15-Acre Mixed-Use Office, Medical Campus In Boca
Nelson Garcia of RARE CRE represented the seller in the acquisition. Michael Basinski and Mitch Sinberg of Berkadia Boca Raton arranged a $31.75 million acquisition loan through City National Bank.
Entity Proposes Major Industrial, Mixed-Use Development Near Miami Gardens
A county-owned site in northwest Miami-Dade could be transformed into a large-scale development combining warehouse space, affordable housing, retail, restaurants and recreational amenities.
Miramar’s Next Major Mixed-Use District Moves From Plans to Construction
Plans call for 2,874 residential units, including 200 townhomes, along with 400,000 square feet of retail, 125,000 square feet of Class A office space and a 185-room hotel.