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Aug 29, 2016

The Vizzda Weekly - South Florida - August 29th, 2016

Miller Construction
 
THE VIZZDA WEEKLY
August 29th, 2016
 
Last week in South Florida, Vizzda tracked $229,861,586 in new commercial transactions,
including 69 sales and 11 new projects. Below are reports for five of those events.
 
LAND
 
 
Spotlight
Industrial Land in Miami Gardens Purchased for $3.1M  
 
On August 19th, Laurent Groll purchased 4.66 acres of land in Miami Gardens from William Webb for $3,100,000.
 
(1 of 9 land sales last week)
 
 
OFFICE
 
 
Spotlight
Two Office Buildings in Coral Springs Purchased for $2M
 
On August 22nd, Naser and Nancy Dakdouk purchased a 6,008 SF office property from ABC Workshop for $2,000,000 with $1,828,800 in new funding with Suntrust Bank.   
 
(1 of 12 office sales last week)
 
 
MULTIFAMILY
 
 
Spotlight
Low Income Housing in Homestead Purchased for $6.7M 
 
On August 17th, Ramon, Irene & Esteban Madruga purchased a 114 unit, 3-story apartment complex for $6,700,000 with $5,025,000 in new funding with Eastern National Bank.   
 
(1 of 18 multifamily sales last week)
 
 
INDUSTRIAL
 
 
Spotlight
Warehouse in West Palm Beach Purchased for $1.25M 

On August 24th, Palm Truck Centers Incorporated purchased a 6,960 SF single-tenant warehouse for $1,250,000 with $1,400,000 in new funding with Bank of America.

(1 of 13 industrial sales last week)

View Full Report
 
RETAIL
 
 
Spotlight
Retail Anchor in Oakland Park Purchased for $3.3M
 
On August 23rd, F. Ronald Mastriana and Rotella Group purchased a 43,994 SF freestanding retail property from Ian Bacheikov for $3,300,000 with $1,000,000 in funding with Palm Beach Community Bank.  
 
(1 of 17 retail sales last week)
 

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