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The Pompano Beach, FL-based company purchased the more than 216,000-square-foot office center for approximately $150-a-square-foot from a joint venture of TriGate Capital, Equitable Real Estate Partners and Commercial Florida Realty Partners.
We're seeing owners look more closely at a concepts business model and giving more weight to those concepts that are creating a sense of community for their shoppers.
The two land loans in Miami and Boca Raton totaled $45.2 million. The Bethesda, MD-based Walker & Dunlop arranged a $33-million loan in connection with the development of the new Waldorf Astoria Hotel & Residences Miami at 300 Biscayne Blvd.
The Aventura, FL-based asset management firm purchased the 187,373-square-foot office center in Cobb County from Pope & Land Real Estate of Atlanta.
The marina facility on 13.1 acres at 6000 Peninsular Ave., known as “America's Southernmost Marina,” was sold by iStar Inc., which was represented in the deal by Avison Young principal George Vail.
While developers stand to reap the benefits of tax breaks, it is not clear how residents of low-income neighborhoods in Opportunity Zones will benefit from the redevelopment of their communities.
It seems only fitting that as one of the last cranes standing in Brickell comes down, the topping off of Brickell Flatiron has signaled the near completion of the 736-foot-high tower that will stand as the tallest condominium south of New York City.
Carrfour, Florida's largest nonprofit affordable housing developer, is partnering with the Jerome Golden Center for Behavioral Health to develop the Dr. Alice Moore Apartments project at 335 27th St. in the Northwoods Shore neighborhood of West Palm Beach.
The venture has announced that its first project will be in Coral Gables at 250 Bird Road, bounded by Aurora Street, Altara Avenue and Salzedo Street. Construction on the project is expected to start in mid-2020 and to be complete within two years of the start of construction.