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Herrera tells Globest.com the specific market dynamics that are keeping South Florida in such high demand with local, domestic and international players and what investors can expect in 2019.
Late last month, Bridge Development Partners acquired the 304,428-square-foot complex from Sherm Realty Corp., an affiliate of Weston, FL-based Apotex Corp. for $38 million.
Hunt, a highly regarded office real estate specialist, will help expand firm's consultation and tenant-representation practice in Philadelphia and Wilmington.
Last October, the partnership of Vanderbilt Office Properties and Barron Collier acquired Sawgrass Pointe II, a 95,800 square-foot office building, also located within the Sawgrass International Corporate Park.
Orchard Corporate Center, a fully occupied 101,374-square-foot class-A office/R&D campus in North San Jose, was sold by its developer, South Bay Development Company, to a private investor.
Carrying occupancy growth into the first quarter, nine new office leases totaling 212,355 square feet have been inked recently at Bishop Ranch, with the majority from firms moving from other Bay Area markets.