Keeping You Up-To-Date with Commercial Real Estate Deals in the South Florida Market
The Vizzda Weekly is Vizzda's complimentary recap of the industry's commercial real estate activity for the previous week in South Florida.The Vizzda Weekly tells you the total number of sales and projects tracked by Vizzda that week, as well as detailed information on a selected deal or project from each major asset class.
Keep in mind, this is just the tip of the iceberg. Vizzda provides in-depth information for all commercial real estate properties in South Florida, including Office, Industrial, Retail, Multifamily, Commercial Land, Residential Lots and much more.
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For The Week Ending June 10th, 2016
Vizzda reported 83 sales totaling $579,063,162.00 in transaction value in the South Florida Market.
Vizzda also cataloged 5 new Planning and Zoning reports.
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What Happened in LAND Last Week?
Vizzda reported 11 land sales in the South Florida Market.
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Featured Land Sale:
±7 Commercial Acres in Parkland Sold for $1.25M
On 6/6/16, The Episcopal Diocese of Southeast Florida sold this property to an entity tracing to Coastal Community Church for $1.25M and a $1M seller-carry balloon mortgage, maturing 6/6/18.
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What Happened in OFFICE Last Week?
Vizzda reported 13 office sales in the South Florida Market.
Vizzda also cataloged 1 office Planning and Zoning event.
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Featured Office Sale:
Two-Story Multi-Tenant Office Building in Plantation Purchased for $5.8M
Beth Azor purchased this property from Morning Calm Management on 6/7/2016 for $5.8M and with a $4.35M debt with Valley National Bank. The property is a 43,948 SF multi-tenant office in one 2-story building on 2.82 acres.
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What Happened in MULTIFAMILY Last Week?
Vizzda reported 11 multifamily sales in the South Florida Market.
Vizzda also cataloged 1 multifamily Planning and Zoning Event
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Featured Multifamily Sale:
55-Unit Apartment Complex Near Airport Sold for $5.3M
Marjorie Sauer sold this property to John Sismanoglou on 6/1/2016 for $5.3M. The complex consists of 55-unit apartments in one single-story building on 1.62 acres and is zoned R-3C.
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What Happened in RETAIL Last Week?
Vizzda reported 16 retail sales in the South Florida Market.
Vizzda also cataloged 2 retail Planning and Zoning events.
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Featured Retail Sale:
Sweet Tomatoes Free Standing Retail Purchased for 2.6875M in West Palm Beach
Marina Kessler purchased this property on 6/9/2016 from Steven Fields for $2,687,500 and with $1.38M debt with Wauchula State Bank. The property is one building on 1.11 acres and is zoned GC
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What Happened in INDUSTRIAL Last Week?
Vizzda reported 21 industrial sales in the South Florida Market.
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Featured Industrial Sale:
Flex Buildings in Palm Beach Sell for $12.4M
Robert Milhous sold this property to David Kahn on 6/6/2016 for $12.4M. The property is two 2-story buildings on 6.66 acres of land and is zoned M3.
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DISCLAIMER: The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person viewing this information to independently verify it.
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