The Oak Ridge Apartments, a 137-unit, garden-style, multifamily asset in Largo, which includes apartments and townhomes, sold for $15.9 million, or $116,350 per unit.

The property was sold by Addison, TX-based Senior Quality Lifestyles Corp. The deal calculated out to $228,464-per-unit.

A hub of international business activity, Chicago is home to more than 1,800 foreign-based companies, accounting for more than $140 billion in foreign direct investment.

The financing was provided to PMG and Greybrook Realty by Centennial Bank and Square Mile Capital. Construction began on the 400 Biscayne development in June.

The New York City-headquartered manufacturing firm's lease at 10-12 Horizon Blvd. will provide the company with a strategically located warehouse and distribution facility to support its showrooms and manage shipments to customers around the world.

The property was purchased from The Silverman Group of Basking Ridge, NJ. The deal was brokered by the capital markets group of Cushman & Wakefield.

Labor costs were cited as the greatest financial concern for more than two-thirds (67%) of respondents.

The less than one-acre site at 6747 Collins Ave. was the last undeveloped beachfront lot in North Beach, located between the Deauville Beach Resort and Sterling Condominium buildings.