The Vizzda Weekly - South Florida - January 23rd, 2017

THE VIZZDA WEEKLY January 23rd, 2017    Last week in South Florida, Vizzda tracked $262,345,127 in commercial real estate transactions including 76 sales and 7 new projects. Below are Vizzda's top reports of the week.          PLANNING & ZONING       New Mixed-Use Project Proposed for Development in Miami        On January 18th, The Miami Planning Commission introduced a major use special permit for the development of a mixed-use project consisting of commercial and retail space totaling 829,151 square feet.    (1 of 7 planning & zoning events last week)             Vizzda Subscribers - Click Here to View Full Report   LAND     Speculative Land in Parkland Purchased for $4M         On January 18th, Steven Elliot Wallace purchased 24.99 acres of speculative land in Parkland from North Springs Improvement District for $4,000,000.               (1 of 9 land sales last week)       Vizzda Subscribers - Click Here to View Full Report    OFFICE     Medical Plaza in Boynton Beach Purchased for $14.8M   On January 13th, Woodside Health and Crescendo Commercial Realty purchased a 2-story multi-tenant medical office totaling 49,884 square feet from $14,800,000 with $11,500,000 in new funding with Barclay's Bank.              (1 of 16 office sales last week)   Vizzda Subscribers - Click Here to View Full Report     MULTIFAMILY     12-Unit Apartment Complex in Miami Beach Purchased for $2.66M   On January 18th, Nicole Marciano purchased a 12-unit apartment complex totaling 5,969 square feet from Shulamit Stock for $2,660,000.                  (1 of 13 multifamily sales last week)     Vizzda Subscribers - Click Here to View Full Report    INDUSTRIAL     Flex Warehouse in Miami Purchased for $3M   On January 17th, Alan Kwok Chung purchased one 2-story building built on 1.82 acres from Lawrence Tornek for $3,000,000 with $1,500,000 in new funding with JPMorgan Chase.     (1 of 20 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report    RETAIL     Community Center in Doral Purchased for $71.53M      On January 12th, Shopcore Properties purchased eight single-story buildings on 12.04 acres from Alecta Pensions for $71,530,000. The property includes anchor, gas station and 2 bank pads.                (1 of 18 retail sales last week)     Vizzda Subscribers - Click Here to View Full Report

The Vizzda Weekly - South Florida - January 9th, 2017

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  

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)           Vizzda Subscribers - Click Here to View Full Report

LAND

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) Vizzda Subscribers - Click Here to View Full Report

OFFICE

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) Vizzda Subscribers - Click Here to View Full Report

MULTIFAMILY

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) Vizzda Subscribers - Click Here to View Full Report

INDUSTRIAL

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

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) Vizzda Subscribers - Click Here to View Full Report

The Vizzda Weekly - South Florida - January 3rd, 2017

 

THE VIZZDA WEEKLY

January 3rd, 2017 

 

Last week in South Florida, Vizzda tracked $318,952,746 in commercial real estate transactions

including 35 sales. 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.                Vizzda Subscribers - Click Here to View Full Report

 

LAND

 

 

Vacant Land in Hialeah Purchased for $51M          On December 27th, Lennar Homes purchased 112.2 acres of vacant land in Hialeah from Dacar Management for $51,000,000.             (1 of 1 land sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

OFFICE

 

 

Professional Center at Pembroke Sold for $21.36M     On December 23rd, Triarch Capital Group purchased four two-story buildings on 6.89 acres of land from Richard Gertz, Michael Listick, Joseph Cogen, Lee Cogen, Alan Cogen and Juditch Cogen for $21,360,000 with $13,975,000 in new funding with Accordia Life & Annuity Company.              (1 of 7 office sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

MULTIFAMILY

 

 

Stay Inn Motel with IHOP Restaurant Sold for $7.12M   On December 21st, Waring Family Trust purchased a 3-story motel and full service restaurant on 3.21 zcres of land from Marx Realty and The Benenson Capital Company for $7,176,793 with new loans of $4,675,000 and $1,750,000 with City National Bank of Florida.               (1 of 1 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

INDUSTRIAL

 

 

Warehouse in Medley Purchased for $3.05M   On December 21st, Benigno Martin purchased one 2-story building built on 2.28 acres from Jose Del Cueto for $3,050,000 with $1,982,500 in new funding with Eastern National Bank.   (1 of 12 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report

 

RETAIL

 

 

Automotive Sale Lot in Pompano Beach Sold for $18M      On December 23rd, Sheehan Buick GMC purchased five 1 & 2 story buildings built on 7.21 acres of land from Christian Berian for $18,000,000 with $10,200,000 and $17,800,000 in new funding with SunTrust Bank.               (1 of 14 retail sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

 

 

 

 

 

 

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