City: Fort Lauderdale
Corus Bank Loans $49.5Mln for Florida Condo Conversion
Corus Bank has finalized a $49.5 million loan to an affiliate of Vision Development Group to finance the residential condominium conversion of the Isles at Sawgrass in Sunrise, Fla. The apartment community, located alongside the Lago Mar Country Club at ...
Spec Space Comes Back in Broward County, Fla.
South Florida Business JournalPatrinely Group is planning to build the 240,000-square-foot Cornerstone Four at Cornerstone Corporate Center, the largest speculative office project in recent years in Plantation, Fla. Construction is slated to begin at the end of the year and ...
Boca Raton, Fla., Center Could Fetch Record Price
South Florida Business JournalCB Richard Ellis is marketing the 35,388-square-foot Village Plaza in Boca Raton, Fla. There is no asking price, but sources say it could sell for more than $14 million, about $400/sf, arguably the region's top price for ...
Florida Apartments Sell for $55Mln
Montecito Investments, based in Jacksonville, Fla., has bought Alara Mizner Village, a 275-unit apartment property in Delray Beach, Fla., for $55 million, or $200,000/unit.American Realty Advisors, a Los Angeles investment manager, was advised on the sale by Apartment Realty Advisors' ...
Hollywood, Fla., Shopping Center Sells for $22Mln
May 20, 2005 Equity One Inc. (NYSE:EQY) has purchased Young Circle Shopping Center in Hollywood, Fla., for $22 million. The property is unencumbered and was purchased with funds on hand, including an advance from Equity One's unsecured credit facility.Young Circle ...
America’s Capital Selling Florida Office Space
May 16, 2005 South Florida Business JournalAmerica's Capital Partners is selling off nearly 1.2 million square feet of office space in Broward County, Fla. The properties have been listed with three brokerages. The largest asset to hit the market is ...
Tightening South Florida Office Space Benefits Landlords
April 4, 2005 South Florida Business JournalFort Lauderdale, Fla.'s office market leapfrogged 10 spots to No. 1 in Marcus & Millichap's 2005 National Office Index, displacing Washington, D.C. Miami ranked seventh, up seven places, while West Palm Beach moved up ...
Shorenstein Closes Sixth Fund with Florida Office Buy
The San Francisco firm has paid about $120 million to acquire a 90 percent stake in Las Olas City Centre, a 408,063-sf property in Fort Lauderdale that was developed by Stiles Corp.
Hollywood, Fla., Apartments Sell for $27.2Mln
March 29, 2005 Rreef has sold Pinehurst Club, a 196-unit apartment complex in Hollywood, Fla., for $27.2 million.Auker-Dimond Devleopments, a Miami company that specializes in condo conversions, bought the upscale property. The company is expected to sell Pinehurst Club's individual ...
Flagler Pays $19.5Mln for Sunrise, Fla., Offices; Locks Up Land
March 10, 2005 Flagler Development Co. has paid $19.5 million for Sunrise Corporate Plaza, a 106,648-square-foot office building in Sunrise, Fla.The property was purchased from Opus Real Estate America, which developed it in 1999. The building is in the Sawgrass ...
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