Two well-known Pinellas County real estate investors have sold the ground lease for the property that houses a newly constructed TD Bank branch on Fourth Street N in St. Petersburg. BDG 39th Ave. LLC sold the TD Bank Ground Lease for the property at 3900 49th St. N on Jan. 6 for $3.25 million, Pinellas…
From the New York website: Title insurance companies, charged with revealing the identity of secret buyers of luxury real estate under a new government directive, are asking for limits to the disclosure requirements before the rule takes effect in March. The American Land Title Association (ALTA), a lobbying group that represents more than 5,500 title…
Four new-to-Miami tenants signed leases at the Four Season Tower and created jobs. Cushman & Wakefield’s Gordon Messinger represented landlord Millennium Partners in brokering the four leases for more than 18,000 square feet at 1441 Brickell Ave. REV Group moved into 6,100 square feet and hired 20 people. It manufactures vehicles in the fire, emergency,…
Gramercy Property Trust and Duke Realty Corp. sold the four-building Weston Pointe office park for $114.79 million. The deal covers 399,208 square feet of buildings at 2100, 2200, 2250, and 2400 N. Commerce Parkway, near the Royal Palm Boulevard exit of Interstate 75. The price equates to $288 per square foot. DP Weston Pointe I,…
• West Palm Beach-based Hyperbius has launched HyperChiller, an at-home iced coffee maker. www.hyperbius.net. • Doral-based M.I.A. Beer Co. has partnered with Cincinnati-based Cavalier Distributing, which will distribute draught versions of M.I.A.’s flagship beers in Florida. www.miabrewing.com. • Humana opened an integrated retail Humana Pharmacy within the Continucare Medical Center at 5463 N.W. 29th St.…
Luxury Chamber Holiday Networker The Luxury Chamber of Commerce held its holiday networking event on Dec. 21 at Streb’s Seafood and Steakhouse in Boynton Beach. Pictured are Kolleen Poriere, Stu Ulrich and Sonia Lapka. Barry Epstein and Heather Rae. Berger Commercial Lunch & Learn Berger Commercial Realty recently hosted its Berger Commercial University Lunch and…
Some of South Florida’s most innovative developers believe they have a solution for the region’s housing affordability and gridlock problems: micro units. Shoehorning people into small spaces is common in big cities such as New York because real estate values are sky high. With this region urbanizing and experiencing a spike in rents, downsizing square…
Pembroke Pines officials have approved the sale of a Post Office property to an affiliate of Miami-based Terra Group for redevelopment. The city acquired the 27.4-acre site at 16000 Pines Blvd. from the U.S. Post Office in October for $17.88 million. On Jan. 6., commissioners approved a deal to sell it for $23.5 million to…
Boca Raton has received four major development applications in recent months, including for a senior living complex and privately owned student housing. Goray Senior Living plans to build the 132-bed Boca Senior Living and Wellness Center. It would include a congregate living and memory care facility plus a clinic. The 131,000-square-foot facility would be on…