Miami
TA Realty Sells $35M Miami Office Campus
Cushman & Wakefield represented the seller in the transaction and arranged a low-interest, non-recourse loan in acquisition financing on behalf of the buyer.
CBRE Completes Boca Raton Office Refi
BankUnited provided a 7-year term loan for the fully leased boutique property, replacing a previous mortgage held by Bank of America.
Hellmann Trades Miami-Area HQ for $43M
The full-service logistics company, based in Germany, entered into a long-term leaseback agreement with the new owner, Industrial Logistics Properties Trust.
ASB Real Estate Acquires Miami Industrial Facility
Terreno Realty Corp. sold the asset on behalf of the Allegiance Real Estate Fund, its $6.9 billion core vehicle. The building is 100 percent leased on a long-term basis to Synergy Custom Fixtures.
Elit Breaks Ground on Miami-Area Retail Development
The 45,000-square-foot plaza already has two tenants on the roster and is set to feature a plethora of other businesses upon its completion next year.
Blackstone Trades $170M South FL Hotel
Brookfield Property Group picked up the 589-key Hilton Fort Lauderdale Marina. The previous owner renovated the 1980s-era asset 10 years ago.
PEBB, Tortoise Acquire Fully Leased FL Office Asset
Cushman & Wakefield negotiated the transaction on behalf of seller RAIT Financial Trust and arranged $28.6 million in acquisition financing on behalf of the buyer/borrower.
KKR, Parkway Properties Buy 522 KSF Miami Office Tower
The joint venture partners purchased the 30-story building in the city’s central business district from PGIM Real Estate, which had owned the property since 2013.
Velocis, CREC Kick Off Major WPB Office Reno
The multimillion-dollar improvement program will include new lobby areas, a creative lounge and the integration of a tenant-focused wellness program dubbed Deeper Breath.
South Florida Industrial Facility Sells for $30M
The fully leased, cross-dock warehouse serves as the corporate headquarters for Vital Pharmaceuticals and Mondelez International’s South Florida distribution hub.