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May 31, 2016

South Florida Vizzda Weekly - Week Ending May 27th, 2016

Keeping you up-to-date with Commercial Real Estate Deals in the South Florida Market

The Vizzda Weekly is Vizzda's complimentary recap of the industry's commercial real estate activity for the previous week in South Florida.The Vizzda Weekly tells you the total number of sales and projects tracked by Vizzda that week, as well as detailed information on a selected deal or project from each major asset class. 
Keep in mind, this is just the tip of the iceberg. Vizzda provides in-depth information for all commercial real estate properties in South Florida, including Office, Industrial, Retail, Multifamily, Commercial Land, Residential Lots and much more.

For The Week Ending May 27th, 2016

Vizzda reported 67 events totaling $224,948,029 in transaction value in the South Florida Market. 
Vizzda also cataloged 8 new Planning and Zoning reports. 
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What Happened in LAND Last Week?

Vizzda reported land sales in the South Florida Market.
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Featured Land Sale:

±7 Acres Vacant Land in Pompano Beach Sells for $1.65M   

On 5/25/2016, Helbar Investments Corporation sold this property to Arvid Albanese for $1.65M. The property is 7.11 acres of vacant commercial land and it is zoned B-4.     
    
Vizzda Subscribers- click here to access the full report.   

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What Happened in OFFICE Last Week?

Vizzda reported 17 office sales in the South Florida Market.
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Featured Office Sale:

Multi-Tenant Office with Ground Floor Parking Purchased for $4.15M in Tamarac 

SF Partners purchased this office property on 5/24/2016 from Genet Property Group for $4.15M with $2.905M debt with BankUnited. The property consists of one 3-story building built on ±3.03 acres with 40K SF of office space.  

Vizzda Subscribers - click here to access the full report.

Would you like more property details? 
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What Happened in MULTIFAMILY Last Week?

Vizzda reported 6 multifamily sales in the South Florida Market.
Vizzda also cataloged 1 new multifamily Planning and Zoning report. 
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Featured Multifamily Sale:

42-Unit Apartments in Deerfield Beach Sell for $3M  

David Roth sold this property on 5/23/2016 to Adi Karadi for $3M and with a $2.2M debt with Bank Leumi. This multifamily complex totals26K SF in 13 single-story buildings on ±2.55 acres.     
  
Vizzda Subscribers - please click here to access the full report. 

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What Happened in RETAIL Last Week?

Vizzda reported 16 retail sales in the South Florida Market. 
Vizzda also cataloged 6 new retail Planning and Zoning reports. 
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Featured Retail Sale: 

Freestanding Bank Building Sold in Hialeah for $8,845,361    

Linda Chase purchased this property on 5/23/2016 from Capital Realty Services for $8,845,361 with $4.422M debt with Mercantil Commercebank. The property is ±5K SF of freestanding retail in one single-story building zoned C-1. 

Vizzda Subscribers - please click here to access the full report. 

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What Happened in INDUSTRIAL Last Week?

Vizzda reported 18 industrial sales in the South Florida Market. 
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Featured Industrial Sale:

Three-Story Industrial Property Purchased for $6.6M in Miami        

The Wynwood Fund purchased this property on 5/24/2016 for $6.6M from a seller entity tracing to Aspira of Flordia.    This property is53,317 SF of industrial space on ±1 acre of land zoned T6-8 O.   

Vizzda Subscribers - click here to access the full report. 

Would you like additional property information? 
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