Record-Setting Sale Of Walgreens Building In Miami Closes
The sale closed at a 3.59 percent capitalization rate, which was a record capitalization for all Walgreens stores nationally.
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Homestead Shopping Center Sells For $82 Million
CREC Capital’s co-founders Alan Esquenazi and Warren Weiser facilitated the sale. Danny Finkle and Eric Williams from JLL represented the buyer, an entity controlled by Wharton Realty Group, in the transaction.
Stiles Partnership Sells Off New, Large-Scale Retail Center For $108M
“Having achieved 90 percent lease-up prior to breaking ground, this center shows the continued strength of large format brick-and-mortar retail destinations across multiple use categories.”
Palm Beach County Mixed-Use Retail, Office Asset Trades For $36.2 Million
The asset consists of 75,406 square feet of upscale retail and 45,068 square feet of office space.