Miami

In November, the State of Florida submitted a plan to HUD to address the damage caused by Hurricane Irma, which wreaked havoc in the Sunshine State in September 2017.

The 240,66-square-foot cross-dock facility has been owned and occupied by Hellman Worldwide Logistics since its opening in 1996 and serves as the Osnabrueck, Germany-based company's North American headquarters.

Comras, who has more than 20 years as a retail broker and specializes in urban and suburban markets, shared his insight on how an attractive retail mix can transform a neighborhood's appeal.

The deal for the 173,661-square-foot office park calculated out to approximately $200-per-square-foot.

San-Francisco-based Terreno Realty acquired the property in December 2010 for approximately $9 million.

Integra Investments is also in the process of acquiring a property in Islamorada's epicenter in the Florida Keys, where it will propose 41 affordable and workforce housing units.

Hammon tells Globest.com that it is currently vying for several possible acquisitions. In addition, the new Related division is exploring possible purchases in Florida and Atlanta.

Jefferson Lighthouse Place, built in 2015, is currently 94% occupied. HGI reports it plans to spend an additional $850,000 on capital improvements at the property located at 4411 North Federal Highway.