389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Southeast
Patillo Breaks Ground on Coweta Industrial Park
Atlanta Business JournalPatillo Construction is scheduled to soon break ground on a 755-acre industrial park in Coweta County, Ga., the largest privately-owner industrial park in the United States. Located on the west side of I-85 off Exit 51, the Coweta...
Ft. Lauderdale Office Building Sold for $14.5Mln
Daily Business Review (First Item)A 153,150-square-foot office building at 1901 NW 62nd St. in Fort Lauderdale, Fla., sold for $14.5 million, or $94.67/sf. The buyer, Cypress Executive Associates LLC, received $12.81 million in financing from Wells Fargo Bank. ACP Office...
Bonita Bay Buys 5 Apartment Buildings in Miami Beach, Fla.
Daily Business Review (Fourth Item)Bonita Bay LLC bought 7090, 7080, 7050, 7000 and 7001 Bonita Bay Dr. in Miami Beach, Fla., for $10.5 million. Bonita Bay Apartment Ltd., a Normandy Realty Management Inc. affiliate, sold the properties, which have a...
$55Mln Project Planned for Winston-Salem, N.C.
Charlotte Business JournalThe Village at Robinhood, a 34-acre mixed-use development in the western part of Winston-Salem, N.C., is in the works. Tribeck Properties Inc., of Charlotte, N.C., and Mega Builders of Greensboro, N.C., are venturing to develop the $55 million...
Miami Apartment Building Sells for $2.1Mln
Daily Business Review (Sixth Item)Ward International Trading Co. III LLC paid $2.1 million for a three-unit apartment building on a 4,500 sf lot at 2110-2120 Brickell Ave. in Miami. Mitchell A. Yelen sold the property.
Historic Hurt Building to Receive Make-Over
Atlanta Business JournalHarbor Group International bought the 436,340-square-foot Hurt building and adjacent parking lot in Atlanta from ARC Inc. for $40 million. CB Richard Ellis brokered the deal. The Hurt building was built in 1913 and was, at the time,...
Hospital Building Sells for $17Mln
Daily Business Review (First Item)The Westchester Hospital building at 2525 SW 75th Ave. in Miami was sold to the 2525 Southwest 75th Avenue Association, a Superior Realty Group affiliate based in Brooklyn, N.Y., for $17 million, or $187.74/sf. The four-story,...
Mission Farm Pays $6.5Mln for 21 Acres
Daily Business Review (Second Item)Mission Farm Aragon LLC bought four parcels of undeveloped land totaling 21.29 acres at 14710 Palm Beach Point Blvd, in Wellington, Fla., for $6.5 million. The land was sold by Scott and Terri Devon who had...
WCI Brought in to Build Condos
Sun-SentinelWCI Communities Inc. has been called in to build as many as 900 condos in the 3.3-million-square-foot project at Sample Road and University Drive in Downtown Coral Springs, Fla. WCI was the developer of Coral Springs in the 1960s. The...
Orlando Gets Business-Class Hotels with a Twist
Orlando SentinelThe Orlando area has seen a wave of business-class hotels sprouting up, but the hotels do not have the traditional hospitality-based owners. Instead they are selling rooms and suites as condos, marketing them as vacation homes that will make...
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