THE VIZZDA WEEKLY
December 5th, 2016
Last week in South Florida, Vizzda tracked $238,366,297 in commercial real estate transactions
including 53 sales and 2 new projects. Below are Vizzda's top reports of the week.
PLANNING & ZONING
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New Convenience Store Proposed for Development in Fort Lauderdale
On November 22nd, The City of Fort Lauderdale Development Review Committee introduced a plat for a "7-Eleven" convenience store and gas station totaling 3,000 improved square feet.
(1 of 2 planning & zoning event last week)
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LAND
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Industrial Land in Hialeah Purchased for $2.15M
On November 23rd, Silvio Perissinotti purchased 5 acres of industrial land in Hialeah from Peter Pessoa for $2,150,000.
(1 of 5 land sales last week)
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OFFICE
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Medical Office Condo in Boca Raton Purchased for $507K
On November 28th, Carrie Gibbons & Amalia Gutman purchased a 3rd-floor office condo totaling 2,642 square feet from Sanctuary Plastic Surgery for $507,000 with $406,000 in new funding with City National Bank of Florida.
(1 of 9 office sales last week)
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MULTIFAMILY
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Waterfront Student Housing Purchased for $54M
On November 22nd, OKO Group purchased 30-units of student housing on 2.01 acres from Agrupacion Catolica Universitaria for $54,000,000 with $31,500,000 in funding with Security Benefit Corporation.
(1 of 6 multifamily sales last week)
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INDUSTRIAL
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Industrial Yard in Miami Purchased for $7.5M
On November 28th, General Asphalt purchased an industrial yard totaling 11.18 acres from Ronlee Construction for $7,500,000 with $4,875,000 in new funding with TD Bank. (1 of 16 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report |
RETAIL
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Community Shopping Center in Pompano Beach Purchased for $50M
On November 28th, Christopher & Carmen Partridge purchased eight single-story retail buildings on 22.12 acres from Brixmore Property Group for $50,000,000 with $15,000,000 in new funding with First Republic Bank.
(1 of 17 retail sales last week)
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