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With its purchase, Brookfield adds to its hospitality portfolio in South Florida. Brookfield affiliate Thayer Lodging Group acquired the 1,000-room beachfront convention center hotel the Diplomat Resort & Spa in Hollywood, FL in 2014.
The statewide median sales price for single-family existing homes was $255,000, an increase of 6.7% from the previous year, according to data from Florida Realtors
The hair restoration company has signed a long-term lease for 23,130 square feet that will encompass the entire third floor and a portion of the first floor of the building.
Hernandez offers Globest.com an in-depth look at some of the trends in the investment market and issues affecting women in the real estate industry and how CREW-Miami is looking to advance women professionally and create a climate for positive change.
The deal, reported by brokerage firm Marcus & Millichap, involves 18 retail properties and one vacant lot. The portfolio totals 106,708 square feet of rentable retail space and 493,679 buildable square feet.
Home security firm ADT has five years remaining on its lease at the property that is situated on 10 acres of land adjoining the golf course the Old Course at Broken Sound.
Promenade Crossing is currently undergoing capital improvements. The property's amenities include a pool deck with grilling stations, media lounge, fitness center, car wash station, clubhouse and a dog park.