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 - November 7th, 2016

 

THE VIZZDA WEEKLY

November 7th, 2016

 

Last week in South Florida, Vizzda tracked $221,618,520 in commercial real estate transactions

including 69 sales and 6 new projects. Below are Vizzda's top reports of the week.

  

 

 

 

PLANNING & ZONING  

 

 

Expansion Proposed for Broward Convention Center     On November 1st, The Broward County Commission introduced a Conceptual Site Plan at a public meeting to expand the Convention Center an additional 400,000 square feet to include a new Headquarter Hotel with 750 rooms and a new parking structure with an 652 spaces.       (1 of 1 planning & zoning event last week)     Vizzda Subscribers - Click Here to View Full Report

 

LAND

 

 

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 8 land sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

OFFICE

 

 

Multi-Tenant Office in Wellington Purchased for $6.75M   On October 31st, Stephanie Maltais purchased two single-story buildings totaling 32,864 square feet from Raju Shah for $6,750,000 with $3,287,000 in new funding with City National Bank of Florida.            (1 of 12 office sales last week)     Vizzda Subscribers - Click Here to View Full Report

 

MULTIFAMILY

 

 

Apartments in Miami Beach Purchased for $431K Per Unit   On November 3rd, Coinco Investments sold a 4-story building totaling 14,788 square feet with 19 apartment units for $8,200,000 with $6,040,000 in new funding with First National Bank of South Miami. According to the Notice of Commencement recorded with sale, the property will be converted and renovated.         (1 of 11 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report

 

INDUSTRIAL

 

 

Distribution Warehouse in Weston Purchased for $14.3M  On November 2nd, EastGroup Properties purchased a distribution warehouse totaling 134,400 square feet from The Opus Group for $14,313,600.   (1 of 14 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report

 

RETAIL

 

 

Neighborhood Shopping Center in Cooper City Purchased for $13.5M      On November 2nd, Yaniv Sananes purchased four single-story buildings totaling 56,968 square feet from LNR Partners for $13,500,000 with $9,000,000 in funding with BB&T.           (1 of 24 retail sales last week)     Vizzda Subscribers - Click Here to View Full Report