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 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 28th, 2016

THE VIZZDA WEEKLY November 28th, 2016   Last week in South Florida, Vizzda tracked $380,504,699 in commercial real estate transactions including 46 sales and 2 new projects. Below are Vizzda's top reports of the week.          PLANNING & ZONING       New Religious Facility Proposed for Development in Hollywood      On November 21st, The City of Hollywood Technical Advisory Committee introduced a site plan for the development of a single-story religious facility totaling 4,527 square feet.         (1 of 2 planning & zoning event last week)     Vizzda Subscribers - Click Here to View Full Report   LAND     Vacant Land in Miami Purchased for $7.79M     On November 16th, DR Horton purchased 15.42 acres of vacant residential land from Wayne Rosen for $7,790,000.            (1 of 3 land sales last week)   Vizzda Subscribers - Click Here to View Full Report   OFFICE     Medical Office in Boynton Beach Purchased for $3.9M   On November 18th, Steven Shullman purchased two 2-story medical office buildings totaling 60,500 square feet from Interface Properties for $3,900,000 with $4,000,000 in funding with Comerica Bank.               (1 of 10 office sales last week)   Vizzda Subscribers - Click Here to View Full Report     MULTIFAMILY     Large Apartment Complex in Miami Purchased for $82M    On November 22nd, SMB Bradley purchased thirteen residential buildings with 321 apartment units on 24.6 acres from Altman Development Corporation for $82,000,000 with assumption of an existing Fannie Mae loan of $34,768,000 which was modified to $55,300,000 concurrently with sale, maturing December 1st, 2031.            (1 of 10 multifamily sales last week)   Vizzda Subscribers - Click Here to View Full Report    INDUSTRIAL     Industrial Park in Royal Palm Beach Purchased for $12M  On November 17th, Peter Alevizos purchased seven single-story buildings on 8.04 acres from McCraney Property Company for $12,000,000 with $8,000,000 in funding through The State Life Insurance Company, maturing December 1st, 2036. (1 of 14 industrial sales last week) Vizzda Subscribers - Click Here to View Full Report   RETAIL     Mixed-Use Retail in Fort Lauderdale Purchased for $8.2M      On November 22nd, Hudson Capital Group purchased four 1 & 2 story buildings totaling 7,785 square feet from James Ulmer for $8,295,910 with $11,600,000 in funding through Bank of America.              (1 of 9 retail sales last week)   Vizzda Subscribers - Click Here to View Full Report