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 5th, 2016

 

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  

 

 

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)     Vizzda Subscribers - Click Here to View Full Report

 

LAND

 

 

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)   Vizzda Subscribers - Click Here to View Full Report

 

OFFICE

 

 

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)   Vizzda Subscribers - Click Here to View Full Report

 

MULTIFAMILY

 

 

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)   Vizzda Subscribers - Click Here to View Full Report

 

INDUSTRIAL

 

 

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

 

 

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)   Vizzda Subscribers - Click Here to View Full Report

 

 

 

 

 

The Vizzda Weekly - South Florida - November 14th, 2016

THE VIZZDA WEEKLY November 14th, 2016   Last week in South Florida, Vizzda tracked $290,450,623 in commercial real estate transactions including 67 sales and 11 new projects. Below are Vizzda's top reports of the week.          PLANNING & ZONING       New Science Park Proposed for Development in Fort Lauderdale      On November 8th, The Fort Lauderdale Development Review Committee introduced a Preliminary Development Review at a public meeting for a new science park addition to the Museum of Discovery and Science.        (1 of 1 planning & zoning event last week)     Vizzda Subscribers - Click Here to View Full Report   LAND     Vacant Commercial Land in Miramar Purchased for $2.8M    On November 1st, Paul Sallwasser purchased 2.25 acres of vacant commercial land in Miramar from US Century Bank for $2,800,000.          (1 of 6 land sales last week)   Vizzda Subscribers - Click Here to View Full Report   OFFICE     Three-Story Office in Coral Gables Purchased for $2.3M   On November 4th, Alberto Cabrera purchased one 3-story office building totaling 15,227 square feet from Armando Rodriguez-Roig for $2,300,000 with $1,150,000 in seller-carried debt.             (1 of 10 office sales last week)       Vizzda Subscribers - Click Here to View Full Report     MULTIFAMILY     Apartments in Miami Beach Purchased for $6.25M     On November 4th, Coinco Investment Company purchased a 35-unit, two-story apartment complex from Fidel Yero for $6,250,000 with $3,625,000 in new debt with Ocean Bank.          (1 of 6 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report    INDUSTRIAL     Distribution Center in Miami Purchased for $17.5M  On November 7th, Equitable Real Estate Partners purchased a distribution center with a secure truck court totaling 397,585 square feet from Terranova Corporation for $17,500,000 with $10,350,000 in new financing from BankUnited. (1 of 31 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report   RETAIL     Anchor in Boca Raton purchased for $6.65M      On November 7th, IMC Equity Group purchased one single-story building totaling 42,602 square feet from Bobby Baker for $6,550,000.            (1 of 14 retail sales last week)     Vizzda Subscribers - Click Here to View Full Report

The Vizzda Weekly - South Florida - October 17th, 2016

THE VIZZDA WEEKLY

October 17th, 2016

Last week in South Florida, Vizzda tracked $366,089,889 in commercial real estate

including 52 sales and 7 new projects. Below are Vizzda's top transactions for the week.

  

PLANNING & ZONING  

Two Multi-Tenant Warehouses Proposed for Development in Fort Lauderdale  On October 11th, The City of Fort Lauderdale Development Review Committee introduced a Site Plan at a public meeting for two warehouses in Fort Lauderdale.  (1 of 7 planning & zoning events last week) Vizzda Subscribers - Click Here to View Full Report

LAND

Commercial Land in Fort Lauderdale Purchased for $1.05M   On October 13th, Alex Nichols purchased 26,179 square feet of vacant commercial land from First Coast Energy for $1,050,000.     (1 of 5 land sales last week) Vizzda Subscribers - Click Here to View Full Report

OFFICE

Medical Offices in Coral Springs Purchased for $7.2M On October 12th, MB Real Estate purchased a 4-story medical office totaling 51,231 square feet from Welltower Incorporated for $7,200,000 with $9,100,000 in new funding with Healthcare Financial Solutions.         (1 of 12 office sales last week) Vizzda Subscribers - Click Here to View Full Report

MULTIFAMILY

9-Unit Apartment Complex in Miami Purchased for $3.15M   On October 13th, The Solution Group purchased 9 apartment units totaling 6,529 square feet from ESJ Capital Partners for $3,150,000.  (1 of 6 multifamily sales last week) Vizzda Subscribers - Click Here to View Full Report

INDUSTRIAL

Multi-Tenant Industrial Flex Space in Miami Purchased for $13.7M On October 11th, Triarch Capital Group, Axiom Capital Advisors and Midland Property Group purchased four industrial flex buildings totaling 168,873 square feet, from Robert Goldberg, Stewart Greenstein, Joseph Nurenberg and Sam Badanes for $13,700,000 with $8,600,000 in new funding with Sabadell United Bank. (1 of 16 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report

RETAIL

Neighborhood Shopping Center in West Palm Beach Purchased for $10.25M On October 11th, Philips Edison & Company purchased four single-story buildings on 8.49 acres from Christopher Covey for $10,250,000.      (1 of 13 retail sales last week) Vizzda Subscribers - Click Here to View Full Report