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FORT MYERS, FL-DG Lehigh Acres, LLC has acquired a site measuring 1.9 acres at 500 Joel Blvd., 5th Street in Lehigh Acres from Temple Beth-El for $500,000.
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MIAMI-Marcus & Millichap Senior Associate Joseph Thomas tells GlobeSt.com investors aren't waiting around for distressed multifamily properties anymore--they are diving in with cash in the new reality.
TAMPA-Sean Lance of NAI TampaBay, tells GlobeSt.com developers are already sniffing around the region looking for land for the next wave of multifamily construction.
OLDSMAR, FL-Sage Ryan Realty has acquired the 19,340-square-foot industrial building from Aurora Bank of California for $755,000 or $39 per square foot.
MIAMI-James Soble, a real estate attorney in the Tampa office of Ruden McClosky, tells GlobeSt.com investors could get the $160 million notes for 50% of face value.
TAMPA, FL-Grubb & Ellis|Commercial Florida Distressed Property Services Group has completed the real estate owned sales of six waterfront condos, each measuring 2,650 square feet, for an aggregate value of 2,956,000.
CAPE CORAL, FL-AQ Coral Lakes, LLC has purchased 30 single-family properties that are developed and 242 townhome properties that are partially developed for a total amount of $550,000.