Pebb Capital Completes Phase I Of Sundy Village With 88% Of Project Leased
Sundy Village has now delivered 100,000 square feet of Class A+ office space and 30,000 square feet of retail and dining.
Sundy Village has now delivered 100,000 square feet of Class A+ office space and 30,000 square feet of retail and dining.
Colliers’ South Florida Investment Services Team represented the seller in the sale of the ±77,852-square-foot mixed-use property.
Marcus & Millichap’s Doug Mandel, Zach Levine and Cody Hershey exclusively marketed the property on behalf of the seller and procured the buyer.
JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Senior Managing Director Danny Finkle, Senior Director Jorge Portela and Vice President Kim Flores.
JLL is the real estate and development advisor for the project that will feature luxury restaurants, entertainment and hotel accommodations.
Among the notable new properties added to the firm’s portfolio are Lennar Corporate Headquarters in Miami, and multiple Stockbridge-owned retail centers in Boca Raton.
Orion acquired the property in 2015 for $27.8 million.
Construction of the 134,000-square-foot store is underway, with a projected opening in 2026.
Maesel has stepped into the role in order to elevate the entire team. With a ‘Deliberately Different’ approach to commercial real estate, the company places culture over production not only with the ROI Group but the rest of the company, which features six offices and nearly 50 advisors.
The project includes replacing approximately 600 feet of existing seawall and 1,000 feet of floating docks, two new pre-engineered metal buildings, a state-of-the-art ship store, 8,999 square feet of retail office space and 9,724 square feet of work bays to meet member needs.
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