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 24th, 2016
Vizzda reported 66 sales totaling $271,562,900 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 9 land sales in the South Florida Market.
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Featured Land Sale:Commercial Land Proposed For Mixed-Use Development in Miami Gardens Sells for $850,000
On 6/21/2016, an entity tracing to Hunt Real Estate acquired property from an entity tracing to IMC Equity Group for $850,000, with $1,966,000 in new debt with USAmeriBank. The property is ±2.33 acres of commercial land zoned NC.
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What Happened in OFFICE Last Week?
Vizzda reported 21 office sales in the South Florida Market.
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Featured Office Sale:Three-Story Office with Ground Floor Parking Sells for $1.424M in Fort Lauderdale
On 6/17/2016, an entity tracing to Juan and Manuel Pardo acquired property from Lucio Velo for $1,425,000. The property is one 3-story multi-tenant building on ±0.30 acres zoned B-2.
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What Happened in MULTIFAMILY Last Week?
Vizzda reported 9 multifamily sales in the South Florida Market.
Vizzda also cataloged 4 multifamily Planning and Zoning Event
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Featured Multifamily Sale:11 Multi-Family Units in Palm Beach Near Golf Course Sell for $5.6M
An entity tracing to Bernard Pierre-Louis purchased this property from JJ & Janet Cafaro on 6/22/2016 for $5.6M. The property is ±7,680 square feet in one 2-story building zoned RC.
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What Happened in RETAIL Last Week?
Vizzda reported 15 retail sales in the South Florida Market.
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Featured Retail Sale:Palm Beach Waterfront Restaurant Sold for $4,466,667.00
Stonebriar Commercial Finance purchased this property from a Greg Neilsen on 6/21/16 for $4,466,667. The property is a 19,135 square foot restaurant in two single story buildings zoned C-2.
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What Happened in INDUSTRIAL Last Week?
Vizzda reported 12 industrial sales in the South Florida Market.
Vizzda also cataloged 1 Industrial Planning and Zoning event
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Featured Industrial Sale:±60K SF Warehouse in Medley Sold for $3.5M
Axel Preuss-Kuhne purchased this property from Gustavo Lopez on 6/15/2016 for $3.5M. The property is a ±60,000 SF warehouse in one single-story building zoned M-1.
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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.
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