THE VIZZDA WEEKLY
November 21st, 2016
Last week in South Florida, Vizzda tracked $235,899,151 in commercial real estate transactions
including 62 sales and 5 new projects. Below are Vizzda's top reports of the week.
PLANNING & ZONING
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New Power Center Proposed for Development in Pembroke Pines
On November 14th, The Pembroke Pines City Council introduced a Site Plan for a new Power Center totaling 108,258 square feet.
(1 of 5 planning & zoning event last week)
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LAND
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Residential Land in Miami Purchased for $1.32M
On November 15th, Mountain Cove Homes purchased 3.67 acres of residential land from Barry Goldmeier for $1,320,000.
(1 of 6 land sales last week)
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OFFICE
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Seven-Story Office Shell in Miami Purchased for $10M
On November 14th, Mojdeh Leah Khaghan purchased one seven-story office building on 5.4 acres from Avra Jain for $10M.
(1 of 11 office sales last week)
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MULTIFAMILY
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Two-Story Apartments in Pompano Beach Purchased for $5M
On November 17th, Arvind Reddy purchased a 46-unit apartment complex on 1.22 acres from Claudia Lonescu for $5,000,000 with $4,240,000 in new funding with Arbor Realty.
(1 of 12 multifamily sales last week)
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INDUSTRIAL
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Warehouse in West Palm Beach Purchased for $3M
On November 15th, Sims Crane & Equipment purchased one single-story building totaling 4,758 square feet from Jack Casagrande for $3,000,000 with $2,400,000 in seller-carried debt. (1 of 22 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report |
RETAIL
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Multi-Tenant Retail in Lauderhill Purchased for $15.65M
On November 14th, Crow Holdings purchased four multi-tenant buildings on 4.76 acres from InvenTrust Properties for $15,650,000.
(1 of 11 retail sales last week)
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