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 12th, 2016

 

THE VIZZDA WEEKLY

December 12th, 2016 

 

Last week in South Florida, Vizzda tracked $832,525,453 in commercial real estate transactions

including 42 sales and 5 new projects. Below are Vizzda's top reports of the week.

  

 

 

 

PLANNING & ZONING  

 

 

New Parking Garage Proposed for Development in Hollywood       On December 5th, The City of Hollywood Technical Advisory Committee introduced a Final Site Plan for a 304-space parking garage, with an estimated value of $12,900,000.            (1 of 5 planning & zoning events last week)     Vizzda Subscribers - Click Here to View Full Report

 

LAND

 

 

Vacant Commercial Land in Pembroke Pines Purchased for $1.425M       On December 5th, Cross Development purchased 2.68 acres of vacant commercial land in Pembroke Pines from Gabriel Volante for $1,425,000 with $4,411,933 in new construction financing through Paramount Specialty Finance, assigned to Reliance Standard. The property is proposed for the development of an automotive collision repair center.            (1 of 3 land sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

OFFICE

 

 

55-Story Office Tower in Miami Purchased for $516.6M    On December 5th, Amancio Ortega purchased a 55-story office tower in Miami totaling 1,199,990 square feet from JP Morgan Chase Bank for $516,600,000.               (1 of 8 office sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

MULTIFAMILY

 

 

Low-Income Housing Apartments Purchased for $35.04M    On December 5th, Delray Beach Housing Authority purchased the 404-unit apartment complex totaling 14.13 acres from Related Management & Metroplex Incorporated for $35,044,948 with a $35,827,000 loan from the Housing Finance Authority of Palm Beach County.             (1 of 5 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

INDUSTRIAL

 

 

Multi-Tenant Warehouse in Miami Purchased for $2.48M  On December 7th, Koniver Stern Group purchased one multi-tenant warehouse totaling 7,121 square feet from Max and Robert Spiegelman for $2,480,000. (1 of 11 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report

 

RETAIL

 

 

Automotive Sale Lot in Fort Lauderdale Purchased for $29.5M      On December 7th, Grieco Automotive Group purchased an automotive sale lot totaling 8.81 acres from Autonation for $29,500,000 with $21,675,000 in funding with Bank of America.             (1 of 15 retail sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

 

 

 

 

The Vizzda Weekly - South Florida - November 21st, 2016

 

THE VIZZDA WEEKLY

November 21st, 2016

 

Last week in South Florida, Vizzda tracked $235,899,151 in commercial real estate transactions

including 62 sales and 5 new projects. Below are Vizzda's top reports of the week.

  

 

 

 

PLANNING & ZONING  

 

 

New Power Center Proposed for Development in Pembroke Pines      On November 14th, The Pembroke Pines City Council introduced a Site Plan for a new Power Center totaling 108,258 square feet.        (1 of 5 planning & zoning event last week)     Vizzda Subscribers - Click Here to View Full Report

 

LAND

 

 

Residential Land in Miami Purchased for $1.32M     On November 15th, Mountain Cove Homes purchased 3.67 acres of residential land from Barry Goldmeier for $1,320,000.           (1 of 6 land sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

OFFICE

 

 

Seven-Story Office Shell in Miami Purchased for $10M   On November 14th, Mojdeh Leah Khaghan purchased one seven-story office building on 5.4 acres from Avra Jain for $10M.              (1 of 11 office sales last week)       Vizzda Subscribers - Click Here to View Full Report

 

MULTIFAMILY

 

 

Two-Story Apartments in Pompano Beach Purchased for $5M    On November 17th, Arvind Reddy purchased a 46-unit apartment complex on 1.22 acres from Claudia Lonescu for $5,000,000 with $4,240,000 in new funding with Arbor Realty.           (1 of 12 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

INDUSTRIAL

 

 

Warehouse in West Palm Beach Purchased for $3M  On November 15th, Sims Crane & Equipment purchased one single-story building totaling 4,758 square feet from Jack Casagrande for $3,000,000 with $2,400,000 in seller-carried debt. (1 of 22 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report

 

RETAIL

 

 

Multi-Tenant Retail in Lauderhill Purchased for $15.65M      On November 14th, Crow Holdings purchased four multi-tenant buildings on 4.76 acres from InvenTrust Properties for $15,650,000.             (1 of 11 retail sales last week)     Vizzda Subscribers - Click Here to View Full Report

 

 

 

 

 

 

The Vizzda Weekly - South Florida - September 26th, 2016

THE VIZZDA WEEKLY September 26th, 2016 Last week in South Florida, Vizzda tracked $237,573,867 in commercial transactions, including 58 sales and 7 new projects. Below are reports for five of those events. LAND Industrial Land in Sweetwater Purchased for $2.842M   On September 20th, Robert Lechter purchased 2.16 acres of industrial land from The City of Sweetwater for $2,842,000.    (1 of 7 land sales last week) View Full Report OFFICE Multi-Tenant Office in Miami Purchased for $2.15M On September 20th, Martin & Rafael Perez purchased a 10,907 multi-tenant office from Steven Schiff for $2,150,000 with $1,720,000 in funding with City National Bank of Florida.        (1 of 10 office sales last week) View Full Report MULTIFAMILY Apartments in Bay Harbor Islands Purchased for $9.2M   On September 12th, Boardwalk Properties purchased 42 multi-family units from Valentina Georgescu for $9,285,008.        (1 of 16 multifamily sales last week) View Full Report INDUSTRIAL Industrial Buildings in West Palm Beach Purchased for $2.385M On September 20th, Marcelo Cantergiani purchased three single-story industrial buildings from Ann Salmon for $2,385,000 with $1,735,000 in seller-carried debt maturing September 14th, 2026. (1 of 13 industrial sales last week) View Full Report RETAIL Club Monaco in Miami Beach Purchased for $24M On September 21st, James Rosenzweig purchased a 8,445 square foot retail store in Miami Beach from TIC Group for $24,000,720 with $10,000,000 in new funding with New York Community Bank. Club Monaco to remain site tenant per lease agreement.    (1 of 12 retail sales last week) View Full Report

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