South Florida Vizzda Weekly - Week Ending June 3rd, 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 June 3rd, 2016 Vizzda reported 36 sales totaling $384,220,205 in transaction value in the South Florida Market.  Vizzda also cataloged 3 new Planning and Zoning reports.
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What Happened in LAND Last Week? Vizzda reported 7 land sales in the South Florida Market.
	Featured Land Sale: 36 Acres of Vacant Land Sold in Davie for $5M    The Town of Davie sold this property on 5/31/2016 to IDI Gazeley Brookfield Logistics Properties for $5M. The property is ±36.17 acres of residential land.  Vizzda Subscribers- click here to access the full report.
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What Happened in OFFICE Last Week? Vizzda reported 6 office sales in the South Florida Market.
	Featured Office Sale: Two-Story Medical Office in North Miami Beach Sold for $3M   On 5/31/2016, Leslie Rance sold this property to Elliot Levy for $3M. The property is a two-story medical office totaling 28,513 SF and is zoned RO.   Vizzda Subscribers - click here to access the full report.
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What Happened in MULTIFAMILY Last Week? Vizzda reported 3 multifamily sales in the South Florida Market.
	Featured Multifamily Sale: Apartment Complex in Lake Worth Purchased for $1M   Lewis Maffeo purchased this property on 5/31/2016 for $1M ($62,500 per unit) from Hudson Holdings. The purchase was financed through a new $1.06M loan from an entity tracing to Kurt Weber, care of Norman S Weinstein. This property consists of 16 units in 2 buildings totaling 6,848 SF and is zoned MU-FH.      Vizzda Subscribers - please click here to access the full report.
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What Happened in RETAIL Last Week? Vizzda reported 8 retail sales in the South Florida Market.
	Featured Retail Sale:  Retail Building in Fort Lauderdale Sold for $5.2M     F. Ronald Mastriana sold this property to Crow Holdings on 6/1/2016 for $5.2M. This property consists of one building totaling 8,599 SF of strip retail.  Vizzda Subscribers - please click here to access the full report.
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What Happened in INDUSTRIAL Last Week? Vizzda reported 11 industrial sales in the South Florida Market. Vizzda also cataloged 3 industrial Planning and Zoning events.
	Featured Industrial Sale: Industrial Flex Property in Miami Gardens Purchased for $3M         On 5/31/2016, Chemco Corporation purchased this property for $3M from a seller entity tracing to US Bank National Association with Ocwen Loan Servicing as special servicer. This purchase was financed through a new loan of $2.4m from Sabadell United Bank. The property is one single story building with 43,974 SF of industrial flex warehouse space and is zoned I-1.    Vizzda Subscribers - click here to access the full report.
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DISCLAIMER: The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person viewing this information to independently verify it.