The Vizzda Weekly - South Florida - August 29th, 2016

 

THE VIZZDA WEEKLY

August 29th, 2016

 

Last week in South Florida, Vizzda tracked $229,861,586 in new commercial transactions,

including 69 sales and 11 new projects. Below are reports for five of those events.

 

LAND

 

 

Industrial Land in Miami Gardens Purchased for $3.1M     On August 19th, Laurent Groll purchased 4.66 acres of land in Miami Gardens from William Webb for $3,100,000.   (1 of 9 land sales last week)   View Full Report

 

OFFICE

 

 

Two Office Buildings in Coral Springs Purchased for $2M   On August 22nd, Naser and Nancy Dakdouk purchased a 6,008 SF office property from ABC Workshop for $2,000,000 with $1,828,800 in new funding with Suntrust Bank.      (1 of 12 office sales last week)   View Full Report

 

MULTIFAMILY

 

 

Low Income Housing in Homestead Purchased for $6.7M    On August 17th, Ramon, Irene & Esteban Madruga purchased a 114 unit, 3-story apartment complex for $6,700,000 with $5,025,000 in new funding with Eastern National Bank.      (1 of 18 multifamily sales last week)   View Full Report

 

INDUSTRIAL

 

 

Warehouse in West Palm Beach Purchased for $1.25M  On August 24th, Palm Truck Centers Incorporated purchased a 6,960 SF single-tenant warehouse for $1,250,000 with $1,400,000 in new funding with Bank of America. (1 of 13 industrial sales last week) View Full Report

 

RETAIL

 

 

Retail Anchor in Oakland Park Purchased for $3.3M   On August 23rd, F. Ronald Mastriana and Rotella Group purchased a 43,994 SF freestanding retail property from Ian Bacheikov for $3,300,000 with $1,000,000 in funding with Palm Beach Community Bank.     (1 of 17 retail sales last week)   View Full Report

The Vizzda Weekly - South Florida - August 22nd, 2016

 

THE VIZZDA WEEKLY

August 22nd, 2016

 

Last week in South Florida, Vizzda tracked $297,739,768 in new commercial transactions,

including 52 sales and 16 new projects. Below are reports for five of those events.

 

LAND

 

 

Commercial Land in West Palm Beach Purchased for $2.5M     On August 16th, Bryn Wesch purchased 4.89 acres of commercial land from Origins Recovery for $2.5M with $3.5M and $2.45M in funding with US Ameribank.   (1 of 8 land sales last week)   View Full Report

 

OFFICE

 

 

Second Story Office Condos in Boca Raton Purchased for $2.5M   On August 16th, Derek Vander purchased six office condos totaling 5,095 SF from Nicholas Rotenberger for $2.5M with $2.25M in funding with Paradise Bank. Photo includes entire condominium.      (1 of 7 office sales last week)   View Full Report

 

MULTIFAMILY

 

 

22-Unit Apartments in Lighthouse Point Purchased for $2.65M   On August 18th, Evan Braunstein purchased the two-story apartments for $2.65M (or $120,454 per unit) from Paul and Tracy Wogman with $1.9875M in funding from One United Bank.    (1 of 9 multifamily sales last week)   View Full Report

 

INDUSTRIAL

 

 

Distribution Intensive Condo in Dania Beach Purchased for $675K  On August 18th, Miami Time Inc. purchased the 4,100 SF unit from Intramed Inc. for $675K. (1 of 5 industrial sales last week) View Full Report

 

RETAIL

 

 

Freestanding Retail Anchor in Homestead Purchased for $1.3M   On August 17th, Dale Murdrak purchased the 7.72 acre retail property from Luz & Brian Matlin for $1.3M with funding of $520K and $650K from BB&T.    (1 of 16 retail sales last week)   View Full Report

 

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

     

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) View Full Report

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) View Full Report

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)  View Full Report

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) View Full Report