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The joint venture purchased the 522,000-square-foot office building from PGIM Real Estate. No purchase price was disclosed. Square Mile Capital Management LLC originated the financing for the deal.
The Denison Corp. has won the first round in the case as Miami-Dade Circuit Judge Thomas Rebull recently denied an emergency motion filed by Kluger for future rent to be deposited in a court registry instead of going directly to the Denison firm.
Aventura Mall Venture, an affiliate owned by Turnberry Associates and Simon Properties, secured the financing provided by JPMorgan Chase Bank, Wells Fargo Bank, Deutsche Bank and Morgan Stanley Bank.
Xebec's approach in Lakeland is a regional distribution strategy, which complements its focus on intermodal logistics, along with its national plan to grow its Texas asset base for long-distance transport.
The financing deal was announced by Palm Beach-based lender Trez Forman Capital Group, which reports that National Realty Investment Advisors plans to build 14 luxury townhomes on almost two acres of beachfront property at 30 Briny Breezes Blvd. in Boynton Beach
Although new condominium projects are slowing down the search for development sites continues to be very active. Even when developers are not starting new projects, they continue to look for an inventory of buildable sites.
WCI now owns 11.85 acres in Westshore Marina District, where it plans to build more than 140 luxury three- and four-story townhomes with rooftop decks overlooking private docks in the private harbor.
The designation made during the conference of mayors' 86th annual meeting in Boston stems from Tampa's first place finish in its 39th annual City Livability Awards Program. The city of Broken Arrow, OK, earned the top spot in the small cities category.