Pebb Capital Secures $173M Construction Loan For Delray Beach Development
The transformative, mixed-use development spans approximately seven acres.
The transformative, mixed-use development spans approximately seven acres.
The asset last traded in November 2023 for $48 million.
The 25-building industrial portfolio totaling 1,393,972 square feet is comprised of properties located in Davie, Deerfield Beach and
Located at 2700 Gateway Drive in Pompano Beach, the building features dock high loading, 18.5-foot clear height, and a fenced yard area.
Robert Given, Casey Rosen, Brad Capas and George Good with CBRE are marketing the property on behalf of the property owner.
CBRE Executive Vice Presidents Larry Genet and Tom O’Loughlin, along with Industrial Real Estate Associate Sam Koss, negotiated the sale of the two building industrial warehouse.
CBRE’s Gordon Messinger, Joe Freitas, and Max Pawk represented Cypress Corporate Center ownership, HS Capital, in each of the transactions. Both Morgan Fidelity Associates and Control Point Associates were represented by Michael Feuerman and Daniel Silver with Berger Commercial Realty.
Prior to joining Colliers, he served as Senior Managing Director and Caribbean Market Leader at Newmark as well as Executive Vice President at CBRE.
The 41-story mixed-use development will bring 306 condominium residences and 245,000 square feet of Class-A office space to Downtown Miami.
Gordon Messinger and Randy Carballo with CBRE represented the landlord in lease negotiations, while Jeff Gordon and Iker Belauste with CBRE represented the tenant.
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