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

 

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

 

 

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)   View Full Report

 

OFFICE

 

 

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)   View Full Report

 

MULTIFAMILY

 

 

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)   View Full Report

 

INDUSTRIAL

 

 

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

 

 

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)   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

South Florida Vizzda Weekly - Week Ending June 3rd, 2016

Keeping You Up-To-Date with Commercial Real Estate Deals in the South Florida Market The Vizzda Weekly is Vizzda's complimentary recap of the industry's commercial real estate activity for the previous week in South Florida.The Vizzda Weekly tells you the total number of sales and projects tracked by Vizzda that week, as well as detailed information on a selected deal or project from each major asset class.  Keep in mind, this is just the tip of the iceberg. Vizzda provides in-depth information for all commercial real estate properties in South Florida, including Office, Industrial, Retail, Multifamily, Commercial Land, Residential Lots and much more.
For The Week Ending June 3rd, 2016 Vizzda reported 36 sales totaling $384,220,205 in transaction value in the South Florida Market.  Vizzda also cataloged 3 new Planning and Zoning reports.
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What Happened in LAND Last Week? Vizzda reported 7 land sales in the South Florida Market.
	Featured Land Sale: 36 Acres of Vacant Land Sold in Davie for $5M    The Town of Davie sold this property on 5/31/2016 to IDI Gazeley Brookfield Logistics Properties for $5M. The property is ±36.17 acres of residential land.  Vizzda Subscribers- click here to access the full report.
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What Happened in OFFICE Last Week? Vizzda reported 6 office sales in the South Florida Market.
	Featured Office Sale: Two-Story Medical Office in North Miami Beach Sold for $3M   On 5/31/2016, Leslie Rance sold this property to Elliot Levy for $3M. The property is a two-story medical office totaling 28,513 SF and is zoned RO.   Vizzda Subscribers - click here to access the full report.
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What Happened in MULTIFAMILY Last Week? Vizzda reported 3 multifamily sales in the South Florida Market.
	Featured Multifamily Sale: Apartment Complex in Lake Worth Purchased for $1M   Lewis Maffeo purchased this property on 5/31/2016 for $1M ($62,500 per unit) from Hudson Holdings. The purchase was financed through a new $1.06M loan from an entity tracing to Kurt Weber, care of Norman S Weinstein. This property consists of 16 units in 2 buildings totaling 6,848 SF and is zoned MU-FH.      Vizzda Subscribers - please click here to access the full report.
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What Happened in RETAIL Last Week? Vizzda reported 8 retail sales in the South Florida Market.
	Featured Retail Sale:  Retail Building in Fort Lauderdale Sold for $5.2M     F. Ronald Mastriana sold this property to Crow Holdings on 6/1/2016 for $5.2M. This property consists of one building totaling 8,599 SF of strip retail.  Vizzda Subscribers - please click here to access the full report.
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What Happened in INDUSTRIAL Last Week? Vizzda reported 11 industrial sales in the South Florida Market. Vizzda also cataloged 3 industrial Planning and Zoning events.
	Featured Industrial Sale: Industrial Flex Property in Miami Gardens Purchased for $3M         On 5/31/2016, Chemco Corporation purchased this property for $3M from a seller entity tracing to US Bank National Association with Ocwen Loan Servicing as special servicer. This purchase was financed through a new loan of $2.4m from Sabadell United Bank. The property is one single story building with 43,974 SF of industrial flex warehouse space and is zoned I-1.    Vizzda Subscribers - click here to access the full report.
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DISCLAIMER: The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person viewing this information to independently verify it.