Publix Super Markets acquired a building housing one of its stores near West Palm Beach for $10.65 million. AJR Fla LLC, managed by Amelia Marr in New York, sold the 48,297-square-foot retail center to PSM Palm Beach, a subsidiary of Lakeland-based Publix. It’s at 6820 Okeechobee Blvd., just west of Florida’s Turnpike in Palm Beach…
After four years of bank ownership, a Boca Raton theater has been sold the company that started running shows there. Boca Raton-based Legacy Bank of Florida seized the Caldwell Theatre at 7901 N. Federal Highway in 2012 after foreclosing on its $5.9 million mortgage. The non-profit that was running shows there closed. The bank recently…
Roam Miami, the former Miami River Inn For $500 a week, you can roam in and around the historic Miami River Inn, set to reopen this summer with a new name: Roam Miami. Roam, a network of “co-living” properties, will manage the Miami hospitality property, which will mark its first location in the United States, The…
Sun-Sentinel landlord, Tribune Media, sold its office and newspaper production facility in Deerfield Beach for $25.5 million. FL-Deerfield Plant LLC, an affiliate of Tribune Real Estate Holdings, the real estate subsidiary of Tribune Media (NYSE: TRCO) sold the property at 333 S.W. 12th Ave. to GPT SW 12th Avenue Owner LLC, an affiliate of commercial…
With his victory in Indiana, Donald Trump has wrapped up the Republican nomination for president. So what should small businesses know about the GOP’s presumptive nominee? Unlike Ted Cruz and John Kasich, who have now suspended their campaigns, Trump didn’t participate in telephone town halls about small business issues hosted by six business organizations before…
Rendering of Fendi Chateau Residences and Surfside In 1935, more than three dozen members of the original Surf Club on 90th Street and Collins Avenue voted to incorporate a one-square-mile stretch between Bal Harbour and Miami Beach. They called it Surfside, an oceanfront enclave that saw a post-World War II boom as a suburban tropical…
Ernst & Young and Regus have been announced as anchor tenants in the Two MiamiCentral office building under construction in downtown Miami. The 190,000-square-foot office building is part of 11 acres of mixed-use development around the Brightline/All Aboard Florida passenger rail station slated to open in 2017. It will connect Miami with Fort Lauderdale and…
Rendering of El Cordova Cohen Brothers Realty Corp. has revealed its plan for renovating the old Carefree Theatre site at 2000 – 2100 South Dixie Highway in West Palm Beach, drawing a mixed reaction from local real estate pros and some area residents. The mixed-use project includes two buildings. One would have seven floors containing…
Nutritional supplement market Rexall Sundown sold its Boca Raton office building to Butters Construction & Development, which will spend $3.5 million on renovations and upgrades. The company, a subsidiary of Sundown Naturals in Bohemia, New York, sold the 59,264-square-foot office on 5 acres at 851 N.W. Broken Sound Parkway for $6.125 million to Coconut Creek-based…
The Doubletree Hotel in Palm Beach Gardens was sold out of foreclosure at a 37 percent discount to its prior mortgage. A commercial mortgage-backed securities (CMBS) trust under the name BACM 2006-2 Hotel at Palm Beach Gardens LLC seized the 279-room hotel at 4431 PGA Blvd. in 2015 after foreclosing on the $21.76 million mortgage…