The BJ’s Wholesale Club-anchored Shoppes at Parkland was sold for $27.59 million. HR Parkland, a subsidiary of the Hines Real Estate Investment Trust in Houston, sold the 147,771-squae-foot retail center at 5901 W. Hillsboro Blvd. to New Market – Parkland LLC, an affiliate of New Market Properties, which is ultimately a subsidiary of Atlanta-based Preferred…
5901 Southwest 74th Street, Green Street’s Allan Serviansky and Vivian Dimond, who managed the seller A Miami-based investment and management company paid $9.8 million for a low-rise office building and parking lots in downtown South Miami. Records show Market Street Real Estate Partners, based nearby on Red Road, bought the building at 5901 Southwest 74th…
The Broward County Commission will consider 10 major development proposals at its Aug. 16 meeting, including big mixed-use projects in Fort Lauderdale and Hallandale Beach. In the largest project on the agenda, the Chateau Group would bring a mix of uses to its massive Chateau Square project in Hallandale Beach. The 8.8-acre site at 600…
City National Bank Plaza near Boca Raton was acquired by a local company for $37.6 million. The 132,598-square-foot building was sold by 7000 West Palmetto I LLC, managed by Morris “Skip” Stoltz II, to TJAC Palmetto Park LLC, an affiliate of Boca Raton-based TJAC Development. The deal included a $31.5 million mortgage. TJAC Development Principal…
The investment fund tied to retired Olympic tennis star Andre Agassi and Canyon Capital Realty Advisors sold the campus of Franklin Academy charter school near Boynton Beach for $22.31 million. CA Miami 7788 OMT, a joint venture between Agassi and Canyon, sold the campus at 7882 South Military Trail to the Florida Charter Foundation, the…
Granite Telecommunications has moved its West Palm Beach office to a larger location, where it plans to add 50 jobs. The Business Development Board of Palm Beach County helped the Quincy, Massachusetts-based firm land $250,000 in public incentives for the deal. The company was known as “Project Chop” in the incentives application approved by the…
Miami-based Bar Invest Group acquired the Serramar Apartment Homes in Lauderhill for $44.1 million in the first of what the firm hopes will be several large apartment community acquisitions in Broward County this year. Serramar Apartments LLC, a subsidiary of Norfolk, Virginia-based national apartment investor Harbor Group, sold the 302-unit rental complex at 6701 West…
The Comerica Tower in downtown Fort Lauderdale sold for $46.5 million, a 43 percent gain from its last trade two years ago. Brookwood Plaza 100 LLC, an affiliate of Brookwood Financial Partners in Beverly, Massachusetts, sold the 11-story office building at 100 N.E. 3rd Ave. to Miami Office 3 LLC, an affiliate of Zurich Alternative…
A 2007 photo of New York Yankees player Alex Rodriguez mid-swing (Credit: Keith Allison) “South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. Don’t look now, but your Miami Marlins are right in the thick of the National League playoff chase, fighting for a…