Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LAUDERDALE-BY-THE-SEA, FL-TIR Sales & Marketing, a division of Turnberry International Realty, has been named the exclusive sales and marketing agency for Ocean Place Condominium, a 15-story oceanfront project that is the transformation of the former Kensington Apartments tower here.The 256-unit, luxury project is located at 1900 S. Ocean Blvd and features one- and two-bedroom residences with five floor plans. The units are priced from the $200,000s.Bainbridge Communities bought the Kensington Apartments last fall for $42.5 million, or $166,015 per unit, with plans to convert it. Bainbridge got a $36-million acquisition loan and a $17.3-million equity and mezzanine investment for the project.TIR Sales & Marketing also is the exclusive on-site sales agency for the Atrium at Aventura, a 192-unit, luxury condo project planned for Aventura, and the 203-room Cheeca Lodge & Spa in Islamorada.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.