Aventura Business Park in Aventura has sold for $17.3 million, The Real Deal has learned. [more]
Posts Tagged ‘marcus and millichap’
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A real estate investment group has paid $15 million for 222 units in the 291-unit Jasmine Condominiums apartment complex in Tamarac, according to Marcus & Millichap, which arranged the sale. [more]
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The 236-unit Cleveland Height multi-family complex in Lakeland has sold for $8.65 million, or about $36,653 per unit, according to Marcus & Millichap, which handled the transaction. Cleveland Heights, which is located at 3520 Cleveland Heights Boulevard in Lakeland, consists of 31 one- and two-story buildings. Marcus & Millichap’s Michale Regan and Francesco Carriera had the exclusive listing on behalf of the seller, a private investor and the buyer, a limited liability company. — Alexander Britell
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A 22,857-square foot Walgreens drugstore in Miami Beach has traded for $30 million — or $1,312 per square foot — making it the second highest price paid for a drugstore in the United States this year and the highest price attained by a net-leased asset in Miami Beach so far this year, Marcus & Millichap Real Estate Investment Services, who handled the deal, announced today.
Sean Shahar Ziv, an associate in Marcus & Millichap’s San Diego office, represented the seller, Trans World Entertainment. The buyer, an international investor, paid all cash for the two-story building, located at 501 Collins Avenue. [more]
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Marcus & Millichap has been tapped as the exclusive advisor for the sale of Highland Park Center, a 41,328-square-foot Class A LEED-certified building that is asking $12 million. [more]
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The Strayer University facility in Miramar has been sold for $5.9 million, according to Marcus & Millichap, which had the exclusive listing on the 18,068-square-foot property. Strayer, which was net leased and located at 15620 SW 29th Street in Miramar, is an online university with 92 campuses throughout the United States. The property was a build-to-suit for Strayer in 2009, when it also agreed to a 10-year double-net lease. Marcus & Millichap’s Adam Tiktin had the exclusive listing on the property on behalf of the Davie-based seller. — Alexander Britell
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A distressed shopping center in Coral Springs has been sold for $9.69 million, according to Marcus & Millichap, which brokered the sale on behalf of the seller. The 60,732-square-foot Westview Shoppes, which is located at 9525 Westview Drive, sold for an average of $160 per square foot. Marcus & Millichap’s Drew Kristol, Kirk Olson and Greg Zeifman, all in the firm’s Miami office, represented the seller, Westview Shoppes Fla, a limited liability company. Ken Hoff, a senior associate in the firm’s Manhattan office, also provided representation. The buyer was a North Miami Beach-based private investor. The property is anchored by an Office Depot. — Alexander Britell
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The remaining 240 acres of the City Gate Commerce Center in Naples has been put on the market for a total of $56.5 million, according to Marcus & Millichap, which has the exclusive listing on the property. The site consists of seven commercial pads and 18 industrial pads listed for $24.8 million, along with 180 acres of undeveloped land listed for $31.72 million. The entire site totals 288 acres. Other sites within City Gate have been purchased by Marriott hotel developers, British Petroleum and others. Marcus & Millichap’s Bradley Addicks, an associate in the firm’s Fort Lauderdale office, is representing the seller, City Gate Development. — Alexander Britell
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The Weston Medical Surgical Pavilion medical office building in Weston has been listed for sale at $10 million, according to Marcus & Millichap’s Douglas Mandel and Benjamin Silver, who have the exclusive listing. The 30,100-square-foot Class A property is located at 2229 North Commerce Parkway in Weston, near the Commerce Lakes Professional Center and the Cleveland Clinic Florida. The listing price represents an average of $332 per square foot. — Alexander Britell
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The Levi’s building in South Beach has sold for $8.5 million, according to Marcus & Millichap, which brokered the transaction on behalf of the seller, a Miami Beach-based limited liability company. The property, which was built in the 1930s and restored in the last decade, is located at 826 Collins Avenue. Marcus and Millichap’s Drew Kristol and Kirk Olson had the exclusive listing. The buyer, a New York City-based investor, was also represented by Kristol and Olson. — Alexander Britell










