The Real Deal Miami

Here’s what sold between $1M and $10M this week

Apartments in Hollywood and warehouse space in Doral among this week's sales
By Sean Stewart-Muniz | May 22, 2015 04:00PM

The office building at 1600 Southeast 17th Street Causeway

Harbor Place in Fort Lauderdale gets $8.9M

Harbor Place, a 36,000-square-foot office building in Fort Lauderdale, just fetched $8.9 million last week.

Located at 1600 Southeast 17th Street Causeway, the building was 100-percent occupied at the same of sale. One of its tenants, Berger Commercial Realty, brought the buyer and represented the seller. The firm will lease and manage the building under its new owners. Other tenants include HSBC Bank, MHG Insurance and Vecenergy.

A company with ties to Hold Thyssen Real Estate Services was the seller. The buyer, Resolve Marine Group, is a marine services company that also has an academy in the building that hosts simulation and training exercises for everything from managing a ship to surviving a hull breach.

“We are moving our high-tech simulators into the building so we can offer our students all of our training modules under one roof,” said Joseph Farrell, Jr., president and CEO of Resolve Marine Group, in a statement.

The industrial building at 10975 Northwest 29th Street

Doral industrial building trades for $2.35M

The former Doral home of Overseas Freight Solutions, a family owned logistics company, has been sold for $2.35 million.

The company had occupied the 16,197-square-foot office and warehouse building at 10975 Northwest 29th Street.

Global Airtech, an aircraft supply company, was the buyer. Tara Banks of Cervera Real Estate represented Global, while the seller was represented by Luis Marquez, Ernesto Casal and Will Falero of the Casal Group.

The Jefferson Street Apartments in Hollywood

Hollywood apartments sell for $1.2M

The Jefferson Street Apartments, a 14-unit complex in Hollywood, has been sold for $1.2 million — or $85,714 a unit.

The complex, built in 1969, is located on a quarter-acre lot at 1928 Jefferson Street. It’s primarily made up of one-bedroom, one-bathroom units.

A private local investor was the buyer, while the seller was a company managed by Bernard Pierre Louis.

Derek R. Gibbs, Daniel J. Cunningham, Evan Richardson, and Tal I. Frydman of Marcus & Millichap had the listing.