Local off market commercial properties related stories.
Macerich Company has sold a Phoenix mall for $100 million, as the mall REIT continues… The pandemic has pummeled malls across the U.S., including many controlled by Brookfield Asset Management…. In December, Aby Rosen’s RFR Realty faced eviction from the Gramercy Park Hotel when it… The Gowanus rezoning, after months of delay, may be able to move forward within days…. When Rudy Giuliani was mayor, he liked to call the city’s Off-Track Betting the only… Onni Group plans to transform industrial Goose Island with a mixed-use megaproject that would bring… Residential brokerage Douglas Elliman is gone to Texas. The firm announced Thursday it will expand… Here are the most popular news headlines this past week on CRE-sources. The post cre-sources.com SUNY Empire is moving to Midtown from Hudson Square while chopping its Manhattan footprint and… A sprawling penthouse at 15 Central Park West sold on Tuesday for $46.67 million, 28… Amol Sarva has shared new details about how Knotel’s partnership with Newmark turned hostile. In… UPDATED, April 16, 2021, 2:55 p.m.: An iconic — if not well-loved — Fifth Avenue… The residential real estate market set all kinds of records in March. The median home… Spring homebuilding season is here — and not a moment too soon. Privately owned housing… Macerich unloads Phoenix mall for $100M; redevelopment awaits – 2021-04-17
Brookfield’s US malls are struggling. Now it’s buying some in Europe – 2021-04-17
Solil Management sues to end RFR’s Gramercy Park Hotel lease – 2021-04-16
Gowanus rezoning may move forward as soon as Monday – 2021-04-16
Suffolk OTB to acquire Jake’s 58 in $120M deal – 2021-04-16
Onni Group details 2.6K-unit megaproject to reshape Goose Island – 2021-04-16
Douglas Elliman expands into tight Texas housing market – 2021-04-16
CRE-sources’ Top 5 Most Popular Stories This Week – 2021-04-16
Tricera obtains $51M construction loan for The Press, its ‘most ambitious project to date’ – 2021-04-16 The project will be anchored by a food hall…. South Florida Business Journal With 30K-sf lease, SUNY Empire shrinks Manhattan footprint – 2021-04-16 
General Contractors 2021 – 2021-04-16 Rank Business Name/URL/prior rank Revenue Commercial remodeling revenue, 2020 Area employees Primary services Top local… Jacksonville Business Journal 15 Central Park West penthouse sells for $46.7M – 2021-04-16 
Melo Group plans pair of towers in Miami – 2021-04-16 The project would total more than 700,000 square feet…. South Florida Business Journal Amol Sarva regrets getting into bed with “consummate Wall Street type” Howard Lutnick – 2021-04-16 Fifth Avenue’s Childs Building sells for $45M – 2021-04-16 Hot, hot, hot: Resi market sets new price records in March – 2021-04-16 
Related Group proposes its second condo in Pompano Beach – 2021-04-16 The Miami company recently launched sales for a condo a few blocks to the north… South Florida Business Journal 
South Florida General Contractors & Construction Companies – 2021-04-16 Information was obtained from the companies’ representatives and could not be independently verified by the… South Florida Business Journal Good news: March housing starts soar 19% – 2021-04-16 
Art Falcone has Pompano Beach site under contract with apartment proposal – 2021-04-16 This project could add to the influx of development in eastern Pompano Beach as more… South Florida Business Journal
Total Units: 326
Year Built: 1971 (178 UNITS) | 1978 (148 UNITS)
Net Rentable Square Feet: 281,368 SF
Number of Buildings: 37 Residential + Leasing/Clubhouse
Land Size: 19.10 Acres
Density: 17.07 Units Per Acre
Terms: All Cash – Offered Free & Clear
#199
Retail Plaza
$16.6 million – 7% plus cap
Brickell | Miami, FL
Retail condo for sale situated in between two prominent cross streets of Brickell. The space is equipped as a 2nd Generation Restaurant, with all the amenities of a restaurant including kitchen, industrial freezers/ refrigerators, and a grease trap.
#201
Retail Plaza
$10.6 million
St. Petersburg, FL
Premium retail space in the heart of Downtown St. Petersburg, FL. The area is completely renovated and the surrounding spaces have been leased to quality regional operators
Building Size: 15,800 SF
#202
Retail Plaza
$8 million
Davie, FL
100% occupied including national credit tenants all with new 10 year leases
All tenants have fixed rental increases : 10% rent bumps every 5 yrs
Lot Size: just over 1 acre
Building Size: 6,300 SF
#204
Land for Development
$13.7 Million
Fort Lauderdale, FL
Mixed-use development land with the opportunity to develop a 200-key hotel/150 apartment project in Fort Lauderdale’s Flagler Village. This area has been experiencing exponential growth due to new developments.Close to downtown Fort Lauderdale.
#206
Land zoned for Hotel
$3 million
Riviera Beach, FL: 2 acres
Near sea port hotel/high rise project – 15 story 300 units –
Articles about off market commercial properties
What Will Happen to All the Empty Office Buildings and Hotels? – 2021-04-16 The New York Times
Taking a look at the commercial real estate market with Main Place Real Estate – 2021-04-15 wcia.com
Levi Strauss wants to capitalize on commercial vacancies, CEO says – 2021-04-09 CNBC:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/cloudfront-us-east-1.images.arcpublishing.com/gmg/MVQAV7G3UBD2PKPTPYYWJ2JULA.jpg){kind=small}
Pandemic impact may weigh on commercial real estate recovery – 2021-04-08 WDIV ClickOnDetroit
Pandemic impact may weigh on commercial real estate recovery – 2021-04-08 The Associated Press