Marcus & Millichap Sells Miami-Dade Walgreens For $6.7 Million
Built in 2004 on 1.41 acres, the property is an outparcel to Kendall Pointe, a shopping center with several national retailers including Aldi and PetSmart.
Built in 2004 on 1.41 acres, the property is an outparcel to Kendall Pointe, a shopping center with several national retailers including Aldi and PetSmart.
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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.
Here are the most popular news headlines this past week on CRE-sources.
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