Fresh Market-leased building sold for $11M

The home of the Fresh Market in Plantation sold for $10.9 million. IMOB Investments, managed by Maurice Egozi in Bay Harbor Islands, sold the 25,021-square-foot building at 12171 W. Sunrise Blvd. to Allegra and the Saints LLC, managed by New York-based Allegra Tribeca Inc. The price equates to $436 per square foot. The building was…

Downtown Miami tower sold for $27.5M

The 23-story Courthouse Tower in downtown Miami traded for $27.5 million. Courthouse Tower LLC, managed by Richard Donovan in Coral Gables and Christopher W. Bramley in Garner, Massachusetts, sold the 162,510-square-foot mixed-use building at 44 West Flagler Street to New York-based Brickman. RKF Senior Directors Benjamin Mandell and John Ellis and Executive VP Drew Schaul…

The Wrap: U.S. commercial property values down for first time in five years, city of Miami wants to bring restaurant to Fort Dallas Park…and more

The Port of Miami shipping yard 1. U.S. commercial property values down for first time in 5 years [Daily Business Review]2. City of Miami wants to bring restaurant to Fort Dallas Park [The Next Miami]3. For-profit college files bankruptcy, owes $19.5M to landlord [SFBJ]4. Why May is a magic month for home sellers [Wall Street Journal]…

Developer plans to build aviation charter school

A developer plans to build an aviation training charter school in Miami-Dade County’s Kendall area. Smart Charter Group, an affiliate of Hollywood-based MG3 Developer, filed plans for the 165,100-square-foot school with county officials on Feb. 26. It could host up to 3,000 students. The two-story K-12 school would be located on the 9.5-acre site at…