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Oct 31, 2016

The Vizzda Weekly - South Florida - October 31st, 2016

 
THE VIZZDA WEEKLY
October 31st, 2016
 
Last week in South Florida, Vizzda tracked $265,400,873.00 in commercial real estate
including 66 sales and new project. Below are Vizzda's top transactions for the week.
  
 
 
 
PLANNING & ZONING  
 
 
Spotlight
New Senior Facility Proposed for Development in Hialeah 
 
On October 25th, The Hialeah City Council introduced a rezoning application at a public meeting for a 77-unit senior facility on 1.73 acres located near Red Road and 21st Street.   
 
(1 of 1 planning & zoning event last week)
 
LAND
 
 
Spotlight
Vacant Land in Oakland Park Purchased for $3.125M   
 
 
On October 27th, Jeremy Bedzow purchased 6.61 acres of land from Holy Cross Hospital for $3,125,000. Deed restrictions prevent developments that are hospital or medical office related.      
 
(1 of 12 land sales last week)
 
 
OFFICE
 
 
Spotlight
Corporate Center in Wellington Purchased for $2.865M
 
On October 26th, The Rosen Group purchased a multi-tenant office totaling 14,400 square feet from Raju Shah for $2,865,000 with $1,900,000 in new funding with American United Life Insurance Company, maturing November 1st, 2041.        
 
(1 of 12 office sales last week)
 
 
MULTIFAMILY
 
 
Spotlight
Senior Facility in West Palm Beach Purchased for $1.69M  
 
 On October 20th, Rhahime Bell purchased a 15-unit senior facility totaling 4,099 square feet from Francis Zofay for $1,690,000.    
 
(1 of 9 multifamily sales last week)
 
 
INDUSTRIAL
 
 
Spotlight
Warehouse in Fort Lauderdale Purchased for $6M 



On October 21st, Dezar Development purchased a 62,489 square foot warehouse with 7 dock doors and rail spike from David Lopate for $6,000,000.  

(1 of 15 industrial sales last week)

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RETAIL
 
 
Spotlight
Freestanding Bank Branch in Fort Lauderdale Purchased for $13.1M   
 
On October 24th, Stiles Corporation purchased an existing Bank of America bank branch totaling 2,797 square feet from Bank of America for $13,100,000 with $8,025,000 in new funding with IberiaBank and leased back to Bank of America.       
 
(1 of 18 retail sales last week)
 
 
 
 
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Vizzda LLC | 480.924.2000 | 501 South 48th Street, Suite 110 Tempe, Arizona 85281 United States

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