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Jan 23, 2017

The Vizzda Weekly - South Florida - January 23rd, 2017

 
THE VIZZDA WEEKLY
January 23rd, 2017 
 
Last week in South Florida, Vizzda tracked $262,345,127 in commercial real estate transactions
including 76 sales and 7 new projects. Below are Vizzda's top reports of the week.
  
 
 
 
PLANNING & ZONING  
 
 
Spotlight
New Mixed-Use Project Proposed for Development in Miami
      
On January 18th, The Miami Planning Commission introduced a major use special permit for the development of a mixed-use project consisting of commercial and retail space totaling 829,151 square feet. 
 
(1 of 7 planning & zoning events last week)          
 
 
LAND
 
 
Spotlight
Speculative Land in Parkland Purchased for $4M      
 
On January 18th, Steven Elliot Wallace purchased 24.99 acres of speculative land in Parkland from North Springs Improvement District for $4,000,000.    
         
(1 of 9 land sales last week)
 
 
 
 
OFFICE
 
 
Spotlight
Medical Plaza in Boynton Beach Purchased for $14.8M
 
On January 13th, Woodside Health and Crescendo Commercial Realty purchased a 2-story multi-tenant medical office totaling 49,884 square feet from $14,800,000 with $11,500,000 in new funding with Barclay's Bank.  
          
(1 of 16 office sales last week)
 
MULTIFAMILY
 
 
Spotlight
12-Unit Apartment Complex in Miami Beach Purchased for $2.66M
 
On January 18th, Nicole Marciano purchased a 12-unit apartment complex totaling 5,969 square feet from Shulamit Stock for $2,660,000.    
            
(1 of 13 multifamily sales last week)
 
 
 
INDUSTRIAL
 
 
Spotlight
Flex Warehouse in Miami Purchased for $3M  

On January 17th, Alan Kwok Chung purchased one 2-story building built on 1.82 acres from Lawrence Tornek for $3,000,000 with $1,500,000 in new funding with JPMorgan Chase.    

(1 of 20 industrial sales last week)


Vizzda Subscribers - Click Here to View Full Report 
 
RETAIL
 
 
Spotlight
Community Center in Doral Purchased for $71.53M   
 
On January 12th, Shopcore Properties purchased eight single-story buildings on 12.04 acres from Alecta Pensions for $71,530,000. The property includes anchor, gas station and 2 bank pads.             
 
(1 of 18 retail sales last week)
 
 
 
 
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Clients
 
 

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