MIAMI-Local condominium converters Robert Wolfarth and his son Robert Wolfarth Jr., Canadian developer Nathan Reiber and local attorney Mark Meland purchased the property, built in 1968, from Jacobson Toccin Properties of Miami. The new owners plan to convert the property into condos.
Crapse adds, "The conversion will allow future residents the opportunity to experience urban in-fill living at a strategic price point."
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!