Developers Secure $18 Million Land Loan For Third Transient-Oriented Multifamily Development In Hialeah
The project includes 663 units located at the entire block that includes 901 E 26th Street.
The project includes 663 units located at the entire block that includes 901 E 26th Street.
Having originated in Netanya, Israel in 1998, the popular brand now has locations throughout the world including Australia, London, Spain, Cyprus, Puerto Rico and, within the USA, locations in New York, Los Angeles and now its first location in Miami.
Danny Finkle, Eric Williams, Jorge Portela, Ike Ojala and Kim Flores of JLL’s Miami office represented the seller, and John Crotty and Michael T. Fay of the Avison Young’s Miami office consulted with both parties on the transaction.
Adam Starr is PEBB’s new Vice President of Leasing, Senior Director while Florence Motavali joins as Vice President, Operations Controller.
Crescent Heights is developing the project, which will comprise 588 apartments in studio, one-, two-and three-bedroom layouts, as well as ground-floor retail space, including a 42,030-square-foot Whole Foods Market store.
The transaction represents the sixth that Ron Osborne has completed with this buyer.
Through a strategic partnership, Indigo Properties and Linkvest Capital plan to develop a vibrant mixed-use project comprising several free-standing retail parcels and a proposed storage facility.
The off-market transaction was an all-cash purchase.
In partnership with Society Wynwood developers PMG and Greybrook Realty Partners, Tricera and LNDMRK are forward-purchasing over 32,000 square feet of ground floor retail at the project.
CBRE arranged the 10,175-square-foot retail lease at The Gateway at Wynwood.
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