Atlantic Commercial Group Adds Senior Managing Director
He brings more than 26 years of commercial real estate experience and a track record of over 25 million square feet of negotiated sales and lease transactions across South Florida.
He brings more than 26 years of commercial real estate experience and a track record of over 25 million square feet of negotiated sales and lease transactions across South Florida.
The JV completed the 71,000-square-foot retail project in 2024 and generated substantial leasing activity before the sale.
The new assignments total more than 200,000 square feet.
Alan Lipsky and Barry Wolfe of Marcus & Millichap represented PEBB and Banyan in the transactions.
ABANCA USA and BankUnited provided the loans.
Colliers’ Derek Baker, Gary A. Gottlieb, and Marc Fechter will lead leasing opportunities.
The $14 million sale was an off-market deal.
The approved site plan encompasses over 405,000 square feet of office space in two buildings, four new retail and restaurant outparcel buildings totaling nearly 43,000 square feet, a nearly 37,000-square-foot luxury fitness facility and 500 multifamily units.
The property is being redeveloped into a mixed-use campus by Related Group, BH Group, and PEBB Enterprises.
PEBB and Banyan picked up the 23-acre site for $7.46 million.
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