Miami Investor Purchases Broward Retail Center For $31 Million

Quickly rising interest rates accelerated the loan closing as the lender was only willing to hold a very favorable rate for a short period of time. The loan also included additional funding for the development of a vacant outparcel located on the site.

Vanderbilt Office Properties Purchases The Offices At Boca Center, Awards Listing Assignment To CBRE

New ownership plans to spend north of $10 million in capital improvements to the property throughout 2022, including renovations to the lobby areas, corridors, and restrooms of Tower I, II and III. Additionally, they will be enhancing tenant amenities with a conference center, lounge, and state-of-the-art gym.

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.

Downtown Miami Retail Building Trades For $27.2 Million

The purchase price of the property, which is located directly opposite the future site of SkyRise Miami, equates to $495 per square foot. CLICK ON THE HEADLINE FOR MORE

Non-Waterfront Edgewater Parcel Trades For $64 Million

The site is zoned for mixed-use with rights to build up to 3 million square feet of residential, retail, hotel and office. CLICK ON THE HEADLINE FOR MORE

Walmart Neighborhood Market-Anchored Retail Property Changes Hands

At the time of sale, the property was 98% leased to national/regional non-anchor tenants including Manhattan Bagel, Little Caesars and Wendy’s. CLICK ON THE HEADLINE FOR MORE