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MIAMI-Le Club Development LLC paid $34 million for the 332-unit Le Club at Old Cutler community. Built in 1989, the community consists of 14 three-story buildings on 15 acres and a clubhouse. The developers plan to spend $2 million on cosmetic improvements.
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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!