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Showing posts with label fort lauderdale. Show all posts
Showing posts with label fort lauderdale. Show all posts

Aug 8, 2016

The Vizzda Weekly - South Florida - August 8th, 2016

Miller Construction
 
THE VIZZDA WEEKLY
August 8th, 2016
 
Last week in South Florida, Vizzda tracked $596,086,355 in commercial transactions,
including 52 sales and 7 new commercial projects. Below are reports for five of those events.
 
LAND
 
 
Spotlight
Residential Land in Pembroke Pines Purchased for $4.065M  
 
On August 2nd, Label and Co purchased this 7 acre property from Atlantic Coast Building & Development for a total of $4,065,340.
 
(1 of 4 land sales last week)
 
 
OFFICE
 
 
Spotlight
Medical Office in Wellington Purchased for $5.75M
 
On August 2nd, Didier Choukroun and Herve Puyplat purchased this two-story, 22,498 SF property from Schmier and Fuerring on for $5.75M, funded by $5.5M debt with Bank of America. 
 
(1 of 13 office sales last week)
 
 
MULTIFAMILY
 
 
Spotlight
Two-Story Apartments in Fort Lauderdale Purchased for $2.3M 
 
On August 2nd, Edmund Walterman, dba Motorcar Gallery, acquired these apartments from Goran Dragoslavic and Andrew Letourneau for $2.3M. 
 
(1 of 8 multifamily sales last week)
 
 
INDUSTRIAL
 
 
Spotlight
Multi-Tenant Warehouse Purchased and Leased Back for $2M

On August 2nd, Ronald Mackendree purchased this multi-tenant warehouse property from API Marine for $2M and will remain a unit tenant.

(1 of 12 industrial sales last week)

View Full Report
 
RETAIL
 
 
Spotlight
Downtown Style Retail in Fort Lauderdale Purchased for $750K
 
On August 2nd, Samuel Shapiro, et al.,purchased this 4,676 SF property from Kimberly Glaser for $750,000.
 
(1 of 15 retail sales last week)
 
 
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Jul 18, 2016

The Vizzda Weekly - South Florida - July 18th, 2016

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THE VIZZDA WEEKLY
July 18th, 2016

Last week in South Florida, Vizzda tracked $157,218,778 in commercial transactions, including 76commercial sales and 8 new projects. Below are reports for five of those events. 
LAND
    

Bill Ussery Motors Group Purchased Automotive Land in Coral Gables 

On July 1st, 2016, Bill Ussery Motors Group purchased this property from Kerdyk Real Estate for $950,000. The property is 2,500 SF of commercial land, zoned C. 
(1 of 4 land sales last week)
OFFICE 
Bella Smile Dentistry Purchases Medical Office in Fort Lauderdale 

On July 12th, 2016, Bella Smile Dentistry purchased this property from Judith Tight for $900,000 and with $720,000 debt with Bank of America. The property is a 7,070 SF medical office in two stories on 0.12 acres.   

(1 of 28 office sales last week)


MULTIFAMILY 
20-Units in Gated Complex Near Biscayne Boulevard Purchased by Eduardo Subervi 

On July 11th, 2016, Eduardo Subervi purchased this property from Carol King for $2,250,000 and with a $1,575,000 debt with BAC Florida Bank. The property consists of 20-unit apartments totaling 9,409 SF in three 2-story buildings, zoned T-4-R.    

(1 of 4 multifamily sales last week) 


INDUSTRIAL 
Ralph Dadali Purchases Three Warehouses Near Railroad in Opa Lakes
On July 11th, 2016, Ralph Dadali purchased this property from Fabio Gomez-Zuleta for $1,200,000 and assuming the seller's original note of $250,000 with Gustavo Guillen. The property is 5,140 SF of industrial space in three single-story buildings on 2.41 acres, zoned I-2A.  

(1 of 16 industrial sales last week)

View Full Report 
RETAIL 
Anayat Hussaini Purchases Strip Retail Center in Homestead  

On July 12th, 2016, Anayat Hussanini purchased this property from Fabio & Mary Oses for $1,875,000. The property is a 15,159 SF strip/convenience center in two single-story buildings on 0.89 acres, zoned B-1.  

(1 of 24 retail sales last week)




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Jul 5, 2016

Steelbridge Capital Purchases Seventeen-Story SunTrust Office Complex for $90 Million

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Steelbridge Capital purchased the 17-story, 270,000-square foot SunTrust Center last Friday for a total of $90 million. A new lease with SunTrust Bank recorded along with the sale, as well as a new $75.4 million loan with Blackstone Mortgage Trust.

The SunTrust Center consists of two buildings built 1991 and 1972 of seventeen and three stories, respectively. It is located at the northwest corner of Federal Highway and Las Olas Boulevard in Fort Lauderdale.

A new ground lease was recorded for the property with Steelbridge as both landlord and tenant. Two historical ground leases exist on small parking lot portions of the office.

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