RK Centers Continues South Florida Shopping Spree, Acquires Davie Retail Plaza For $361 PSF

Dennis Carson with CBRE represented both the buyer and seller in the transaction.

Homestead Shopping Center Sells For $82 Million

CREC Capital’s co-founders Alan Esquenazi and Warren Weiser facilitated the sale. Danny Finkle and Eric Williams from JLL represented the buyer, an entity controlled by Wharton Realty Group, in the transaction.

Avison Young Appoints New Managing Director, Principal Overseeing Florida Region, Will Succeed Pike Rowley

Rowley has successfully overseen the growth of Avison Young’s Florida region for the past 9 years.

Jaime Sturgis Represents #1 WSJ Bestselling Author In Two Property Acquisitions

His media company relocated to South Florida in early 2021 and the company is expected to base its new headquarters in one of the buildings.

Shovel-Ready Development Site In Edgewater Hits The Market For $15M

The current zoning for the 0.69-acre site permits high-density development, including residential, commercial/retail, lodging, civic and civil support. 

Mast Capital Acquires Prime Site In Brickell For $103M To Develop 3 Tower, Mixed-Use Project

Mast Capital submitted site plans for a master-development totaling 2.6 million square feet.

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CRE-sources’ Top 5 Most Popular Stories This Week

Here are the most popular news headlines this past week on CRE-sources.

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Berger Commercial Realty’s Steve Hyatt Negotiates Sale Of Fort Lauderdale Office Building For Company HQ

The high-end residential construction company plans to convert the former vegan restaurant and dance studio to its corporate offices.

MMG Equity Partners Acquires Plantation Retail/Office Plaza For $17.1M

The property consists of 35,850 square feet of retail space along University Drive, plus 19,680 square feet of office suites tucked behind the shopping center.

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Stiles Partnership Sells Off New, Large-Scale Retail Center For $108M

“Having achieved 90 percent lease-up prior to breaking ground, this center shows the continued strength of large format brick-and-mortar retail destinations across multiple use categories.”