The restaurant property that is home to Donovan’s Steak & Chop restaurant in one of Phoenix’s prime commercial corridors has sold for $6.5 million Delray Beach-based Menin Development bought the steak house property from Prime Land Assets LLC, a Phoenix group. Menin also owns a former Sports Authority store site at Camelback Road and 16th…
The Plaza Park Apartments traded for $22.7 million six years after it was bought out of foreclosure. PA Asbury, an affiliate of New York City-based AION Partners, sold the 234-unit complex at 17600 N.W. 5th Ave. to EB Park Plaza LP. The buyer, managed by Benny Tenenbaum in Lawrence, New York, obtained a $19.3 million…
Adler Group and 13th Floor Investments obtained a $50 million construction loan to break ground soon on their Motion at Dadeland high-rise apartment project near a public transit station. The 294-unit apartment tower would rise 25 stories at 6900 S.W. 84th Street near the Dadeland North Metrorail Station. The rail line takes passengers to downtown…
Two major changes have been proposed at the upscale Shops at Merrick Park mall in Coral Gables: a new hotel and furniture retailer Artefacto leaving the mall to build a signature showroom nearby. Both site plans will go before the city’s Design Review Committee on Aug. 26. The 706,000-square-foot mall owned by General Growth Properties…
Six years after acquiring the site of a former flea market, the Lauderdale Lakes Community Redevelopment Agency could be ready to approve a development plan for a mixed-use project on 20 acres there. The CRA will meet on Tuesday evening to consider the new site plan for the Commerce Park property, near the southwest corner…
California-based CareerCast is out with its list of the 10 most dangerous and 10 safest jobs. The list is based on workplace injuries and fatalities as well as risks and exposure to the elements or less than friendly environments. There are some obvious professions but also some surprises. That includes veterinarians making the danger list.…
Mark Bellissimo’s plans for the International Polo Club have been unveiled in a development application in Wellington, and it’s highlighted by an equestrian stadium with seating for 6,350 spectators. The new equestrian event center could foster the growth of an industry that’s become big business in Palm Beach County. Polo and equestrian activities generate over…
IMC Equity Group, one of South Florida’s fastest-growing development companies, plans to build a self-storage complex near North Miami. Miami-Dade County officials received an application on Aug. 5 from Northside Center LLC, an affiliate of North Miami-based IMC Equity Group, to rezone the 4.66-acre site at 2795 and 2751 N.W. 84th Street to allow self-storage.…
The Viera of the Palm Beaches apartments sold for $36.35 million, a 78 percent gain from its last trade four years ago. Palm Beach Multifamily Partners, an affiliate of Nashville-based Covenant Capital Group, sold the 300-unit complex at 4758 Sea Oats Circle outside West Palm Beach to AGM Viera, a joint venture between San Francisco-based…