Hollywood & Florida Commercial Real Estate News
Local off market properties related stories.
Brendon Dedekind has been hired as Senior Vice President for the new office, which will… Billionaire Oracle Corp. co-founder Larry Ellison plans to demolish the North Palm Beach mansion he… An auction of interests in two of Philip Falcone’s New York homes was canceled after… Owners of a large multifamily portfolio in Manhattan are looking to bring on a partner… The burgeoning market for home-maintenance technology has crowned another winner. HomeX, a startup that connects… Homebuyers may think prices are rising and supply is dwindling because of low interest rates… She will serve as senior leasing representative for Duke Realty’s South Florida office. The post Real estate investors who say they’ve been scammed out of millions in escrow funds from… If you rent a home in the suburbs, your landlord could be a Candian pension… The 882,000-square-foot project will include 646 rental apartments and 2,500 square feet of ground floor… Real estate investor and Terra Holdings owner Kent Swig has secured $6 billion in gold… New York City’s live music scene went silent when the pandemic began last March —… Trammell Crow Company Opens Central Florida Office – 2021-04-13
Kolter launches sales for tallest beachfront condo in Fort Lauderdale – 2021-04-13 The condos are priced from $900,000…. South Florida Business Journal
Billionaire Larry Ellison plans to knock down $80M mansion – 2021-04-13
Phil Falcone files appeal halting foreclosure of UES, Hamptons homes – 2021-04-13
LA Fitness-anchored retail center near Lake Worth Beach sells for $11M – 2021-04-13 The buyer plans to make improvements to the property…. South Florida Business Journal
Trammell Crow is coming back to Tampa Bay – 2021-04-13 Nearly seven years after closing its office here, a household name in commercial real estate… Tampa Bay Business Journal
Black Spruce eyes $700M+ valuation for multifamily portfolio – 2021-04-13
HomeX nabs $90M to connect homeowners and repair techs – 2021-04-13
LendingTree subsidiary QuoteWizard signs office deal in Tampa – 2021-04-13 The company is planning to hire 100 people before Medicare enrollment begins in October…. Tampa Bay Business Journal
Institutional investors, higher material costs lead to rising home prices – 2021-04-13
Tamarac could sell land to restaurant, retail developer – 2021-04-13 A restaurant concept from New Jersey could be in the works as a result of… South Florida Business Journal
Duke Realty Adds South Florida Industrial Veteran To Team – 2021-04-13
Landlords try to push AWOL attorney Kossoff into bankruptcy – 2021-04-13
Japanese culture-inspired project proposed in Palm Beach’s Agricultural Reserve – 2021-04-13 The developer has nearly 40 acres under contract…. South Florida Business Journal
Alexandria Sued For $55M Over Cambridge Development Site Deal – 2021-04-13 The nation’s top life sciences developer has been accused of breaching its contract and improperly… bisnow.com
Canadian pensions, Asian wealth funds eye single-family home rentals – 2021-04-13
One Month In, Texas Reopening Has Boosted Some Sectors But Not Others – 2021-04-13 Just over a month ago, Texas Gov. Greg Abbott removed maximum capacity restrictions on businesses and lifted… bisnow.com
PMG Announces 32,000 SF Of Commercial Space At 400 Biscayne In Downtown Miami – 2021-04-13
Kent Swig launches his own cryptocurrency – 2021-04-13
New York’s venues operators say reopening isn’t “financially viable” – 2021-04-13
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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 –
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Articles about off market 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