THE VIZZDA WEEKLY
October 17th, 2016
Last week in South Florida, Vizzda tracked $366,089,889 in commercial real estate
including 52 sales and 7 new projects. Below are Vizzda's top transactions for the week.
PLANNING & ZONING
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Two Multi-Tenant Warehouses Proposed for Development in Fort Lauderdale
On October 11th, The City of Fort Lauderdale Development Review Committee introduced a Site Plan at a public meeting for two warehouses in Fort Lauderdale.
(1 of 7 planning & zoning events last week)
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LAND
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Commercial Land in Fort Lauderdale Purchased for $1.05M
On October 13th, Alex Nichols purchased 26,179 square feet of vacant commercial land from First Coast Energy for $1,050,000.
(1 of 5 land sales last week)
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OFFICE
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Medical Offices in Coral Springs Purchased for $7.2M
On October 12th, MB Real Estate purchased a 4-story medical office totaling 51,231 square feet from Welltower Incorporated for $7,200,000 with $9,100,000 in new funding with Healthcare Financial Solutions.
(1 of 12 office sales last week)
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MULTIFAMILY
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9-Unit Apartment Complex in Miami Purchased for $3.15M
On October 13th, The Solution Group purchased 9 apartment units totaling 6,529 square feet from ESJ Capital Partners for $3,150,000.
(1 of 6 multifamily sales last week)
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INDUSTRIAL
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Multi-Tenant Industrial Flex Space in Miami Purchased for $13.7M
On October 11th, Triarch Capital Group, Axiom Capital Advisors and Midland Property Group purchased four industrial flex buildings totaling 168,873 square feet, from Robert Goldberg, Stewart Greenstein, Joseph Nurenberg and Sam Badanes for $13,700,000 with $8,600,000 in new funding with Sabadell United Bank. (1 of 16 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report |
RETAIL
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Neighborhood Shopping Center in West Palm Beach Purchased for $10.25M
On October 11th, Philips Edison & Company purchased four single-story buildings on 8.49 acres from Christopher Covey for $10,250,000.
(1 of 13 retail sales last week)
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