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May 23, 2016

South Florida Vizzda Weekly - Week Ending May 20th, 2016

For The Week Ending May 20th, 2016

Vizzda reported 42 Sale events totaling $190,953,143.00 in transaction value in the South Florida Market. 

Vizzda also cataloged 2 Planning and Zoning events. 
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What Happened in LAND Last Week?

Vizzda reported 7 Land Sale events in the South Florida Market.
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Featured Land Sale:

West Palm Beach Land Proposed for Storage Facility Sold for $1.5M  

On 5/13/2016, Public Storage purchased this property from Southern Self Storage for $1.5M. The property is proposed for a 950-unit, 3-story limited access self-storage building on ±1.99 acres of commercial land and is zoned MUPD.    
     
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What Happened in OFFICE Last Week?

Vizzda reported 6 Office Sale events in the South Florida Market.
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Featured Office Sale:

Boynton Beach Medical Offices Purchased for $2.55M 

Dr. Salam Daghter purchased this property on 5/18/2016 from South Florida Gastroenterology Associates for $2.55M. The property consists of two single-story buildings  on ±1.31 acres and is zoned C1.  

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What Happened in MULTIFAMILY Last Week?

Vizzda reported 6 Multifamily Sale events in the South Florida Market.
Vizzda also cataloged 2 Multifamily Planning and Zoning events. 
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Featured Multifamily Sale:

24-Unit Apartments Built 1926 Sell for $2.7M in Miami   

On 5/13/2016, Irvin Pena sold this property to Asden Investment Properties for $2.7M. The property consists of 24-unit apartments in one  three story building on ±0.17 acres of land and is zoned T4-R.      

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What Happened in RETAIL Last Week?

Vizzda reported on 12 Retail Sale events in the South Florida Market. 
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Featured Retail Sale: 

Multi-Tenant Retail Property Purchased in Downtown Miami for $23M     

On 5/16/2016, Guggenheim Investments purchased this property from Peter Gardner for $23M. This retail property consists of ±28K SF of downtown-style strip retail, in one 2-story building zoned T5-O.  


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What Happened in INDUSTRIAL Last Week?

Vizzda reported on 9 Industrial Sale events in the South Florida Market. 
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Featured Industrial Sale:

Distribution Center in West Palm Beach Sells for $1.475M       

On 5/16/2016, Neil and Sharon Harrow sold this property to SteelCo USA  $1.475. This industrial flex property is one single-tenant building on ±1.05 acres and is zoned IL.  

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