THE VIZZDA WEEKLY
October 3rd, 2016
Last week in South Florida, Vizzda tracked $268,987,348 in commercial real estate deals,
including 54 sales and 11 new projects. Below are Vizzda's top transactions for the week.
Now featuring new Planning & Zoning events!
PLANNING & ZONING
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552 Single Family Residential Lots Proposed for Development in Parkland
On September 22nd, The Broward County Board of County Commissioners introduced a new plat for the development of 552 single family residential lots.
(1 of 11 planning & zoning events last week)
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LAND
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Vacant Land in West Palm Beach Purchased for $6.8M
On September 26th, Sunview Companies purchased 1.26 acres of vacant commercial land for $6,800,000. The property is proposed for the development of two hotels.
(1 of 11 land sales last week)
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OFFICE
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Two-Story Office Complex in West Palm Beach Purchased for $10.8M
On September 25th, SF Partners purchased a 73,001 square foot office in West Palm Beach from Grover Corlew for $10,800,000 with $7,020,000 in new funding with BankUnited.
(1 of 11 office sales last week)
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MULTIFAMILY
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Apartments in Deerfield Beach Purchased for $33.75M
On September 28th, GFI Capital Resources Group Inc. purchased the 212-unit apartment complex from Fairfield Residential for $33,750,000 with $7,100,000 in new funding with Berkadia Commercial Mortgage.
(1 of 4 multifamily sales last week)
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INDUSTRIAL
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Industrial Flex Warehouse in West Palm Beach Purchased for $7M
On September 27th, Precise Property purchased a 77,121 square foot multi-tenant warehouse from TA Associates Realty for $7,000,000. (1 of 13 industrial sales last week) View Full Report |
RETAIL
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Automotive Repair Store in Fort Lauderdale Purchased for $1.68M
On September 26th, Hallan Iff purchased a 5,790 square foot automotive repair store from RV Sales of Broward for $1,680,000 with $925,000 in new funding with FirstBank Florida and a $740,000 SBA loan.
(1 of 15 retail sales last week)
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