THE VIZZDA WEEKLY
January 9th, 2017
Last week in South Florida, Vizzda tracked $147,428,624 in commercial real estate transactions
including 35 sales and 1 new project. Below are Vizzda's top reports of the week.
PLANNING & ZONING
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New Mixed-Use Development Proposed in Boynton Beach
On January 3rd, The City of Boynton Beach City Commission held a public meeting for the development of a 10-story, 326-unit, mixed-use project with 51,200 square feet of commercial space.
(1 of 1 planning & zoning events last week)
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LAND
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Agricultural Land in Homestead Purchased for $2.14M
On January 5th, Xue Ming Zhang & Steven Chan purchased 79.47 acres of agricultural land in Homestead from Orazio Finocchiaro for $2,145,690 or $27,000 per acre.
(1 of 2 land sales last week)
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OFFICE
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Medical Office Park in Fort Lauderdale Purchased for $1.5M
On December 30th, Ofer Tamir purchased three 1 & 2 story buildings on 1.2 acres of land from Regent Bank for $1,500,000.
(1 of 5 office sales last week)
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MULTIFAMILY
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Apartment Complex In West Palm Beach Purchased for $6M
On December 30th, Arvind Reddy purchased a 78-unit apartment complex on 2.83 acres of land from Richard Baxt for $6,000,000 with $5,400,000 in new funding with UC Funds, maturing Ocotober 1st, 2018.
(1 of 7 multifamily sales last week)
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INDUSTRIAL
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Industrial Park in Miami Gardens Purchased for $12M
On January 4th, Joseph LeBas purchased two single-story buildings built on 11.08 acres of land from CW Capital for $12,000,000 with $10,480,000 in funding with RRA Companies. (1 of 7 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report |
RETAIL
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Neighborhood Center in Miami Gardens Purchased for $7.2M
On December 30th, Burke Leighton purchased two single-story buildings built on 4.58 acres from Rolando Delgado for $7,200,000 with $4,320,000 in funding with TD Bank.
(1 of 14 retail sales last week)
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