Late last month, Bridge Development Partners acquired the 304,428-square-foot complex from Sherm Realty Corp., an affiliate of Weston, FL-based Apotex Corp. for $38 million.

Brass Enterprises acquired the recently developed 348-unit community in January from The Allen Morris Company of Coral Gables, FL in a deal valued at $107.6 million.

“With the completion of the TPG Real Estate Partners III fundraise, we are well-capitalized to execute our distinctive investment strategy and continue building a differentiated investment portfolio,” says Kelvin Davis, founder and co-head of TPG Real Estate.

Some of the major developments underway at the project include the 85% sold Paramount Miami condominium tower, which is on-track for completion in May 2019.

Last October, the partnership of Vanderbilt Office Properties and Barron Collier acquired Sawgrass Pointe II, a 95,800 square-foot office building, also located within the Sawgrass International Corporate Park.

Madison International entered the Warsaw market last year with the acquisition of a 50% interest in the Warsaw Spire office tower.

Most areas of the state have experienced substantial improvement over the past four years. As of mid-2018, only four counties—Clinton, Putnam, Rockland and Suffolk—had foreclosure rates of more than 1%, while 38 counties and three of New York City's five boroughs had rates below 0.50%.

Located on a prime site at Glades Road and 95th Avenue South in West Boca Raton, Uptown Boca will feature 456 Class A luxury apartments and 171,806 square feet of upscale retail space.