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MIAMI-The deals are worth a combined $36 million--a good month, the company says, but not as good as the first three months of the year, when the firm had a monthly average of nearly 1.4 million sf and $132.5-million transaction value.
SUNRISE, FL-The distributor signed a mid-term renewal within Sawgrass International Corporate Park. The 200,000-sf building is 42% occupied, with Sears its only tenant. Sears signed a below-market renewal, according to brokers.
COCONUT GROVE, FL-An affiliate of Falor Cos. of Chicago paid about $82,122.90 per room to Lodgian Inc. for the upscale hotel here. The new owner is planning a $6.5-million renovation and conversion to condominiums.
MIAMI-The firm is responsible for Latitude on the River's sales center and public areas. The project, which will include a 44-story condominium tower and a 21-story, class A commercial and retail building, will have a contemporary look with warm features and an open feel.
MIAMI-Behar Font & Partners PA of Coral Gables, FL, is responsible for the 19-story project's contemporary design, public spaces and engineering, including structural and mechanical. The project will have 199 residential units, 12,900 sf of office space and 8,856 sf of retail space.
FORT LAUDERDALE, FL-The company is looking to develop or redevelop commercial and multifamily properties in Broward and Palm Beach counties, and is close to finalizing a couple of deals, Scott Brenner of Brenner Real Estate Group says.
FORT LAUDERDALE, FL-Berman, Kean & Riguera, PA, is taking more than 7,700 sf for 10 years at the 94,352-sf office building at 2101 W. Commercial Blvd. here. Gaedeke Holdings Ltd. owns the building.
PORT ST. LUCIE, FL-On the property, Menin plans a more than 200,000-sf expansion of the recently purchased adjacent Shoppes at St. Lucie West shopping center. Construction is scheduled to begin in early 2005.
BROWARD COUNTY, FL-Many submarkets are seeing signs of improvement as well as rising average asking rental rates, according to a recently released report by CB Richard Ellis. Two of the submarkets where this is true are the Downtown area in Broward County and the Boca Raton submarket of Palm Beach County.
NAPLES-Crows Nest Ventures purchased the 15,310-sf, freestanding building as an investment. The company paid Medical Arts Center LLC about $272.70 per sf for the building, across from Naples Community Hospital.
From Placer.ai
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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
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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
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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