Newmark Arranges $111 Million Construction Financing For Multifamily Development In Miami
The project will include 2,500 square feet of ground-floor retail, 380 parking spaces and a mix of studio to three-bedroom residences.
The project will include 2,500 square feet of ground-floor retail, 380 parking spaces and a mix of studio to three-bedroom residences.
Terreno intends to develop eight additional buildings, slated for completion by 2025. At full build-out, the campus will total 2.2 million square feet.
The 188,389-square-foot property encompasses seven buildings and 29 tenants.
The firm, led by CEO Malcolm Butters, has been involved in developing industrial projects totaling 5 million square feet with a value of over $1 billion.
A report from Goldman Sachs suggests developer Taubman Centers may be getting cold feet about the 765,000-square-foot mall, but the company said it remains committed to the project. CLICK ON THE HEADLINE FOR MORE
Prior to joining SVN South, Eric Amat worked for Goldman Sachs, where he evaluated and recommended asset allocations and portfolio implementation strategies. CLICK ON THE HEADLINE FOR MORE
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