Marcus & Millichap Brokers $14 Million Sale Of Two El Car Washes
Jonathan De La Rosa and Eduardo Toledo, investment specialists in Marcus & Millichap’s Miami office, represented El Car Wash and procured the buyer, a personal trust.
Jonathan De La Rosa and Eduardo Toledo, investment specialists in Marcus & Millichap’s Miami office, represented El Car Wash and procured the buyer, a personal trust.
The City intends to optimize existing City owned parcels and replace aging structures by developing a mix of residential, commercial, and retail space.
Additionally, Dollar Tree revealed plans for two new locations in Sunny Isles and Lauderhill, set to open soon.
The transformative, mixed-use development spans approximately seven acres.
Robert Klecinsky of Cushman & Wakefield represented both Versace and the landlord, 237-243 Worth Avenue Corporation, in the lease negotiations.
The winning city can expect train service to begin in 2028.
City approval includes permits for 1,243 residential units, 125,000 square feet of retail space, a 140-room hotel, a 55,000-square-foot entertainment arena with seating for 5,000 people, and 85,000 square feet of medical offices.
The 125,000-square-foot mixed-use community is slated for completion the first quarter of 2025.
The firm has also signed a 79,141-square-foot lease on the neighboring block at Miami Tower, located at 100 SE 1st Ave., for a build-to-suit corporate headquarters relocation of a multi-billion-dollar public company.
Adam Starr is PEBB’s new Vice President of Leasing, Senior Director while Florence Motavali joins as Vice President, Operations Controller.
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