The Vizzda Weekly - South Florida - December 27th, 2016

THE VIZZDA WEEKLY December 27th, 2016    Last week in South Florida, Vizzda tracked $377,506,870 in commercial real estate transactions including 50 sales and 4 new projects. Below are Vizzda's top reports of the week.          PLANNING & ZONING       New Mixed-Use Apartment Complex Proposed for Development in Miami         On December 21st, The Miami Planning Commission introduced a Rezoning Application for the development of a 192-unit mixed-use apartment complex totaling 295,814 square feet.              (1 of 7 planning & zoning events last week)   Vizzda Subscribers - Click Here to View Full Report   LAND     Residential Land in Miami Purchased for $6.9M          On December 19th, Lennar Homes purchased 24.11 acres of residential land in Miami from The School Board of Miami Dade County for $6,900,000 or $286,000 per acre.            (1 of 6 land sales last week)   Vizzda Subscribers - Click Here to View Full Report   OFFICE     Former Bank Branch in Doral Purchased for $3.85M    On December 20th, Midtown Capital Partners purchased one single-story building totaling 5,491 square feet from United Trust Fund for $3,850,000 with $1,900,000 in funding with Mercantil Commerce Bank.             (1 of 13 office sales last week)   Vizzda Subscribers - Click Here to View Full Report     MULTIFAMILY     494-Unit Mixed-Use Apartment Complex in Boynton Beach Purchased for $109.35M   On December 16th, Pollack Shores Real Estate Group Purchased four 1-5 story buildings covering 14.77 acres from PGIM Real Estate & Epoch Companies for $109,350,000 with $70,400,000 in funding with Prudential Life Insurance Company.              (1 of 6 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report    INDUSTRIAL     Warehouse in Hollywood Purchased for $13.7M   On December 16th, Charles Dimston & Jerome Berko purchased one single-story building totaling 88,622 square feet from Hanseatic Land Trust for $13,700,000 with $8,300,000 in funding through Principal Financial.   (1 of 12 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report    RETAIL     Neighborhood Shopping Center in Lake Worth Purchased for $31M      On December 19th, IMC Equity Group purchased three single-story buildings totaling 106,633 square feet from Principal Financial Group for $31,000,000 with $21,950,000 in funding through BB&T. The property is part of a neighborhood shopping center with "Wal-Mart Neighborhood Market" anchor.               (1 of 12 retail sales last week)   Vizzda Subscribers - Click Here to View Full Report

The Vizzda Weekly - South Florida - October 17th, 2016

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  

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) Vizzda Subscribers - Click Here to View Full Report

LAND

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) Vizzda Subscribers - Click Here to View Full Report

OFFICE

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) Vizzda Subscribers - Click Here to View Full Report

MULTIFAMILY

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) Vizzda Subscribers - Click Here to View Full Report

INDUSTRIAL

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

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) Vizzda Subscribers - Click Here to View Full Report