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FORT MYERS, FL-Kings Towne Oaks Revocable Trust and Kings Towne Oaks LLC paid $32,721 per unit cash for the 136-unit complex, which was 95% occupied at the time of closing. The new owners plan to spend $350,000 on renovations to the property, which was originally built in 1974.
SUNNY ISLES BEACH, FL-Developer Michael Dezer purchased the Suez Motel here, on 3.65 acres of oceanfront property, for $20 million. The Trump Royale, co-developed with Donald Trump, will be located here. Dezer also swapped the Driftwood Motel for the Days Inn Motel down the street.
MIAMI-Grandison's previous experience includes work on the AutoNation USA Parking Garage in Miami and Brickell Bayfront Club Condominiums, also in Miami. 610 Clematis, a planned $55 million, 259-unit condominium project, is scheduled to break ground next August.
MIAMI-The Internet vitamin distributor inked a five-year lease, at 2055 Highridge Rd., valued at $946,188, or $6.25 per sf. The company is moving from a 10,850-sf location nearby.
WESTON, FL-In the five-year, multimillion-dollar deal, the company plans to relocate from its 21,000-sf location on Northwest 77th Ave. in Miami Lakes, FL to a 400,000-sf, 97%occupied, class A office park here.
MIAMI-Goodwill Industries leased 34,280 sf, Indiana Power and Transmission leased 23,516 sf, and Special Events & Design Group leased 8,560 sf at Premier Gateway Center in Boynton Beach, FL.
FORT LAUDERDALE-The Altman Cos. of Boca Raton and the locally-based Abdo Cos. are planning 338 residences in two 22-story buildings facing New River here.
MIAMI-The $55 million 610 Clematis project calls for 259 units and eight stories in downtown West Palm Beach. Scheduled to break ground in August 2003, the project was recently assigned a new interior design head. A sales team is expected to appointed next month.
FORT LAUDERDALE-The lease is for 51,499 sf of office space at the 412,296-sf, 12-story AtlanTech Tower here. The value is based on an average quoted rate of $26.26 per sf for similar space in that submarket.
MIAMI-The Irving, TX-based check-cashing chain sold the stores, located in Dade, Broward and Palm Beach counties, to competitor CCS Financial Services Inc., doing business as The Check Cashing Store, based in Fort Lauderdale.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource