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Jan 17, 2017

The Vizzda Weekly - South Florida - January 17th, 2017

 
THE VIZZDA WEEKLY
January 17th, 2017 
 
Last week in South Florida, Vizzda tracked $327,629,428 in commercial real estate transactions
including 84 sales and 1 new project. Below are Vizzda's top reports of the week.
  
 
 
 
PLANNING & ZONING  
 
 
Spotlight
New Residential Development Proposed in Davie
      
On January 3rd, The Broward County Commission introduced a plat during a public meeting for development of 12 townhomes on 1.3 acres of land. 
 
(1 of 1 planning & zoning events last week)          
 
 
LAND
 
 
Spotlight
Industrial Land in Hollywood Purchased for $1.9M      
 
On January 10th, CTS Engines purchased 2.35 acres of land in Hollywood from The Easton Group for $1,900,000.   
         
(1 of 11 land sales last week)
 
 
OFFICE
 
 
Spotlight
Office Park in Miami Gardens Purchased for $4.85M 
 
On January 10th, ChenMed purchased one 4-story multi-tenant office totaling 51,428 square feet from Accesso Partners for $4,850,000.  
          
(1 of 5 office sales last week)
 
MULTIFAMILY
 
 
Spotlight
Hotel in Fort Lauderdale Purchased for $99.8M
 
On January 6th, Heafey Group purchased a 232-unit hotel condominium on 1.83 acres in Fort Lauderdale from Jose Cabanas for $99,895,430.   
            
(1 of 9 multifamily sales last week)
 
 
INDUSTRIAL
 
 
Spotlight
Flex Property in Jupiter Purchased for $4M  

On January 6th, Charles & Jana Hora purchased one single-story building totaling 20,000 square feet from FLF Holdings for $4,000,000.    

(1 of 23 industrial sales last week)

Vizzda Subscribers - Click Here to View Full Report 
 
RETAIL
 
 
Spotlight
Mixed-Use Retail in Miami Beach Purchased for $12.5M   
 
On January 6th, Kahlil Solaimanzadeh purchased one 3-story building totaling 19,582 square feet from Jenel Management Corporation for $12,500,000 with $9,000,000 in funding with RAIT Financial Trust. The ground floor retail is net-leased to "Charming Charlies" at time of sale.            
 
(1 of 28 retail sales last week)
 
 
 
 
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