Lincoln Road also recently extended its partnership with Smorgasburg for another year. The open-air food market featuring dozens of local vendors takes place every Friday from 5:30-10:30 p.m. on Lincoln Road’s 1100 block and has become a local favorite hot spot.
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The retail property, located at 1815 Cordova Road in Fort Lauderdale, totals 230,000 square feet.
Roberto Susi, Principal of Axiom Capital Partners, represented the buyers in the off-market deal.
Backed by decades of collective experience in the banking industry, Balan and Toth have recognized the need for a specialized entity focused on swiftly resolving nonperforming notes, ensuring optimal outcomes for financial institutions burdened with distressed assets.
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The Newmark team was led by Jordan Roeschlaub and Dustin Stolly, Co-Presidents of Debt & Structured Finance, along with Executive Managing Directors Christopher Kramer and Nick Scribani, as well as Senior Managing Director Danny Matz from the Miami office.
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Last week, I called my contact in Tallahassee and confirmed that my interpretation was correct.
Codina is planning a mixed-use project with a focus on residential, “lifestyle” shops and neighborhood businesses, however he did not yet have a detailed development plan.