Largo & Florida Commercial Real Estate News
Local off market commercial properties related stories.
JLL is considering offloading one of its global businesses. The Chicago-based firm is exploring a… Demand is rising for apartments in the United Kingdom’s largest cities following a slow fourth… Football fanatics — specifically, those who are dedicated to the University of Arkansas Razorbacks (go… Philip Falcone is at the end of the road in a battle to sell two… SoftBank has upped its stake in Compass, shelling out $72 million to buy stock in… An Albany judge sided with the real estate industry Friday, declaring New York state regulators’… Here are the most popular news headlines this past week on CRE-sources. The post cre-sources.com Larry Ellison, billionaire co-founder of Oracle Corp., paid $80 million for the North Palm Beach… It’s not every day that Leslie J. Garfield says goodbye to a top agent, but… Don’t tell Dollar General that brick-and-mortar retail is dead. The retailer plans to open 1,050… Bill Lee, who founded the commercial real estate brokerage Lee & Associates, died on April… Soho House is once again taking steps to go public. The exclusive members-only club this… Related Companies chairman Stephen Ross has made no secret of his desire for a more… JLL explores sale of China property management wing – 2021-04-10
Demand for rentals rises in UK’s largest cities in Q1 – 2021-04-10
Arkansas’ priciest home lists near Fayetteville football stadium – 2021-04-10
Foreclosure on Phil Falcone’s homes can move forward – 2021-04-10
SoftBank buys $72M of Compass stock – 2021-04-09
Broker fee ban an “error,” court rules – 2021-04-09
CRE-sources’ Top 5 Most Popular Stories This Week – 2021-04-09
Oracle co-founder pays $80M for North Palm Beach estate – 2021-04-09
Christopher Riccio joins Douglas Elliman, bids Leslie J. Garfield farewell – 2021-04-09
Dollar General thrives amid retail apocalypse – 2021-04-09
National industrial developer to build first Florida project near Tampa International Airport – 2021-04-09 Avison Young has been hired to lease the warehouse, which is one of the larger… Tampa Bay Business Journal
Riviera Beach industrial park sells for $13M – 2021-04-09 The property gained in value over two years…. South Florida Business Journal
City issues permit for new hotel near airport; second project pending – 2021-04-09 Construction on a new hotel near JAX is moving forward with the city issuing an… Jacksonville Business Journal
Editorial: Making Jacksonville vibrant requires public art investment – 2021-04-09 We welcome the Downtown Investment Authority’s decision to mandate public art be included in proposals… Jacksonville Business Journal
Lee & Associates founder Bill Lee dies – 2021-04-09
Soho House files confidentially to go public – 2021-04-09
Gov. Newsom’s Economic Reopening Announcement Isn’t The Defining Moment CRE Needs – 2021-04-09 After having the physical and social scope of their lives drastically diminished for over a… bisnow.com
Stephen Ross puts $500K into PAC. Where’s the rest? – 2021-04-09
Motwani’s Merrimac proposes 716 residential units in Fort Lauderdale – 2021-04-09 Dev Motwani hopes to break ground on the first phase of this project in 2022…. South Florida Business Journal
The Collective unveils plans for ‘co-living’ building in Wynwood – 2021-04-09 he Collective Wynwood would have 82,000 square feet of shared amenity space…. South Florida Business Journal
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Off Market Deals
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Retail – Plaza – Brickell, Florida
#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.
Retail – Plaza – St. Petersburg
#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
Retail – Plaza – Davie
#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
Land – Mixed Use – Ft. Lauderdale
#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.
Land Zoned For Hotel – Riviera Beach
#206
Land zoned for Hotel
$3 million
Riviera Beach, FL: 2 acres
Near sea port hotel/high rise project – 15 story 300 units –
Off Market Deals
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Articles about off market commercial properties
Levi Strauss wants to capitalize on commercial vacancies, CEO says – 2021-04-09 CNBC
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
Apollo Commercial Real Estate Finance, Inc. Announces Dates for First Quarter 2021 Earnings Release and Conference Call – 2021-04-06 Business Insider
Knotel co-founder leaves company, describes investor Newmark as ‘a stalking horse’ – 2021-04-05 TechCrunch
Breakingviews – Capital Calls – Brookfield digs deeper – 2021-04-01 Reuters