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 17th, 2017

 

THE VIZZDA WEEKLY

January 17th, 2017 

 

Last week in South Florida, Vizzda tracked $327,629,428 in commercial real estate transactions

including 84 sales and 1 new project. Below are Vizzda's top reports of the week.

  

 

 

 

PLANNING & ZONING  

 

 

New Residential Development Proposed in Davie        On January 3rd, The Broward County Commission introduced a plat during a public meeting for development of 12 townhomes on 1.3 acres of land.    (1 of 1 planning & zoning events last week)             Vizzda Subscribers - Click Here to View Full Report

 

LAND

 

 

Industrial Land in Hollywood Purchased for $1.9M         On January 10th, CTS Engines purchased 2.35 acres of land in Hollywood from The Easton Group for $1,900,000.              (1 of 11 land sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

OFFICE

 

 

Office Park in Miami Gardens Purchased for $4.85M    On January 10th, ChenMed purchased one 4-story multi-tenant office totaling 51,428 square feet from Accesso Partners for $4,850,000.              (1 of 5 office sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

MULTIFAMILY

 

 

Hotel in Fort Lauderdale Purchased for $99.8M   On January 6th, Heafey Group purchased a 232-unit hotel condominium on 1.83 acres in Fort Lauderdale from Jose Cabanas for $99,895,430.                 (1 of 9 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

INDUSTRIAL

 

 

Flex Property in Jupiter Purchased for $4M   On January 6th, Charles & Jana Hora purchased one single-story building totaling 20,000 square feet from FLF Holdings for $4,000,000.     (1 of 23 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report

 

RETAIL

 

 

Mixed-Use Retail in Miami Beach Purchased for $12.5M      On January 6th, Kahlil Solaimanzadeh purchased one 3-story building totaling 19,582 square feet from Jenel Management Corporation for $12,500,000 with $9,000,000 in funding with RAIT Financial Trust. The ground floor retail is net-leased to "Charming Charlies" at time of sale.               (1 of 28 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

The Vizzda Weekly - South Florida - December 19th, 2016

THE VIZZDA WEEKLY December 19th, 2016    Last week in South Florida, Vizzda tracked $122,794,076 in commercial real estate transactions including 24 sales and 7 new projects. Below are Vizzda's top reports of the week.          PLANNING & ZONING       New Hotel Proposed for Development in West Palm Beach        On December 14th, The City of West Palm Beach Plans & Plats Review Committee introduced plans for the development of 108-room hotel in one 8-story building on 1.48 acres of commercial land.             (1 of 7 planning & zoning events last week)   Vizzda Subscribers - Click Here to View Full Report   LAND     Industrial Land in Miami Purchased for $24.4M          On December 13th, JP Morgan Chase Bank purchased 8.87 acres of industrial land in Miami from Florida East Coast Industries for $24,425,550.               (1 of 3 land sales last week)   Vizzda Subscribers - Click Here to View Full Report   OFFICE     Office Condominium in Deerfield Beach Purchased for $2.25M    On December 12th, Breno & Adriana Gomes purchased the first floor of an 8-story office condominium totaling 14,473 square feet from Banif Financial Group for $2,250,000.               (1 of 9 office sales last week)   Vizzda Subscribers - Click Here to View Full Report     MULTIFAMILY     24-Unit Apartment Complex in North Miami Purchased for $1.675M    On December 13th, Global Horizons Group purchased a 24-unit apartment complex in North Miami totaling 8,635 square feet from Gilles Rezlan for $1,675,000 with $1,100,000 in funding with BAC Florida Bank.             (1 of 1 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report    INDUSTRIAL     Flex Warehouse in Riviera Beach Purchased for $1.91M  On December 14th, Jordann Weingartner purchased a flex warehouse in Riviera Beach totaling 20,535 square feet from Kristof Toth for $1,910,000 with $1,337,000 in new funding with Sabadell United Bank.   (1 of 4 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report    RETAIL     Mixed-Use Restaurant in Miami Purchased for $7.5M       On December 9th, Wynwood Fund purchased a mixed-use restaurant and retail space totaling 12,280 square feet from Rene Dahdah for $7,500,000 with $4,950,000 in new funding with First National Bank of South Miami.                (1 of 7 retail sales last week)   Vizzda Subscribers - Click Here to View Full Report