THE VIZZDA WEEKLY
August 22nd, 2016
Last week in South Florida, Vizzda tracked $297,739,768 in new commercial transactions,
including 52 sales and 16 new projects. Below are reports for five of those events.
LAND
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Commercial Land in West Palm Beach Purchased for $2.5M
On August 16th, Bryn Wesch purchased 4.89 acres of commercial land from Origins Recovery for $2.5M with $3.5M and $2.45M in funding with US Ameribank.
(1 of 8 land sales last week)
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OFFICE
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Second Story Office Condos in Boca Raton Purchased for $2.5M
On August 16th, Derek Vander purchased six office condos totaling 5,095 SF from Nicholas Rotenberger for $2.5M with $2.25M in funding with Paradise Bank. Photo includes entire condominium.
(1 of 7 office sales last week)
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MULTIFAMILY
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22-Unit Apartments in Lighthouse Point Purchased for $2.65M
On August 18th, Evan Braunstein purchased the two-story apartments for $2.65M (or $120,454 per unit) from Paul and Tracy Wogman with $1.9875M in funding from One United Bank.
(1 of 9 multifamily sales last week)
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INDUSTRIAL
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Distribution Intensive Condo in Dania Beach Purchased for $675K
On August 18th, Miami Time Inc. purchased the 4,100 SF unit from Intramed Inc. for $675K. (1 of 5 industrial sales last week) View Full Report |
RETAIL
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Freestanding Retail Anchor in Homestead Purchased for $1.3M
On August 17th, Dale Murdrak purchased the 7.72 acre retail property from Luz & Brian Matlin for $1.3M with funding of $520K and $650K from BB&T.
(1 of 16 retail sales last week)
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