PEBB Enterprises, Banyan Development Close Site Acquisition For New Retail Project In Port St. Lucie
PEBB and Banyan picked up the 23-acre site for $7.46 million.
PEBB and Banyan picked up the 23-acre site for $7.46 million.
The properties are occupied by Taco Bell and Burger King.
IPA’s Kirk Olson and Drew A. Kristol represented the seller and procured the buyer.
Jaime Sturgis brokered all three deals, which have a combined sale price of $8.6 million.
As a boutique firm, Movement CRE stands out by delivering highly personalized, data-driven commercial real estate services that meets the evolving office, industrial, and retail needs for both occupiers and property owners across South Florida.
He will be responsible for the firm’s Miami, Fort Lauderdale, Boca Raton, and West Palm Beach markets and oversee more than 450 professionals across the South Florida region.
The company currently has 16 locations in Canada signed last year to bring 20 locations to Washington state.
Previously to joining the firm, he served as Vice President at CBRE, where he advised owners of commercial retail and office properties, overseeing transactions ranging from $2 million to $40 million in value.
Construction has already begun in Coral Springs at the Pine Ridge Square shopping center. Additional storefronts in Broward and Palm Beach Counties are also planned.
Proposals must be submitted no later than 3 p.m. EST on June 28, 2024.
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