One of the two office buildings in the Commercial Place plaza in Fort Lauderdale Brookwood Financial Partners, an investment company based in Massachussetts, recently sealed a $23.5 million deal to acquire the Commercial Place office complex in Fort Lauderdale. The office campus includes a pair of low-rise buildings that were constructed in the 1990’s. Combined,…
Bridge Development Partners paid $12.45 million for the site of its latest project in Fort Lauderdale. A&N Properties, managed by Albert Mancini, sold the 17.5-acre property at 2200 West Sunrise Blvd. to Bridge FTL LLC, an affiliate of Chicago-based Bridge Development Partners. The site has an old concrete pipe manufacturing plant. The seller was represented…
The Ipanema Apartments at 120 Southwest 8th Avenue in Little Havana Burke Leighton Asset Management, a private New York investment firm, just closed an off-market deal to purchase the Ipanema Apartments in Little Havana for $13.6 million. The 63-unit apartment building is located at 120 Southwest Eighth Avenue near Riverside Park. It was sold by…
A developer’s plan to build outparcel retail in front of his new shopping center includes the second Wawa location in Fort Lauderdale. Gatlin Development affiliate GDC Broward RB will go before the city’s Design Review Committee on Dec. 22 seeking approval for three more buildings at its Riverbend Marketplace at 2400 W. Broward Blvd. Attorney…
Solesdi debuted its redesigned and renovated two-story showroom in Miami’s Design District at a party of nearly 300 art week attendees. The showroom, at 3800 Northeast Second Avenue, houses Italian design brands Boffi, Henge and Listone Giordano. Artist Joel Fitzpatrick designed the exterior lights for the event, while artist Gloria Sesana debuted her pop-up gallery on the…
A massive government spending bill that includes lots of tax breaks for business cleared Congress Friday and is headed for President Barack Obama’s signature. The Senate passed the legislation on a 65-33 vote, following House passage earlier in the day. The legislation combined a bill that provides $1.1 trillion for funding the government through Sept.…
Rendering of Park Place in Boca Raton Development and redevelopment are thriving in Boca Raton’s retail real estate sector, as population influx and a vigorous economy provide a boost. “Retail in South Florida is all on the upswing,” Gregory Masin, senior director of retail services for Cushman Wakefield in Miami, told The Real Deal.…
Having the largest mall in North America apparently isn’t enough development for northwest Miami-Dade County, as another mega project has been proposed on a neighboring site. The Graham Cos. wants to build a rental community, a business park including hotels, and – yes – more retail to take advantage of the huge influx of people.…
5501 Pine Tree Drive in Miami Beach and Nick Di Donato The owners of Cibo Wine Bar will soon list their newly built Miami Beach home for $8.49 million, or $1,633 per square foot. Listing agent Raymond Bolduc Nick and Nadia Di Donato have owned the waterfront property since 2012. They knocked down their house about…