Miami
Wells Fargo Grants $103M Financing for Miami TOD
Florida East Coast Industries secured the construction loan for two buildings totaling more than 300,000 square feet, part of the MiamiCentral project.
WPB Marriott Receives $42M Construction Loan
Concord Hospitality Enterprises Co. intends to build a 208-key luxury hotel until the fall of 2019. Aztec Group originated the loan on behalf of the operator.
Stockbridge Lands $47M Loan for FL Office
Earlier in January, the owner paid $41.1 million to acquire the 24-story tower and a connected two-story building in Fort Lauderdale’s central business district from U.S. Bank.
AY Closes $8M Sale of WPB Office Asset
Carrier Corp. is the only tenant of the 37,392-square-foot The Atrium. The asset changed hands within 45 days of hitting the market.
Miami Logistics Park Bolsters Occupancy
Neutralogistics has expanded its presence at Airport North Logistic Park by roughly 69,000 square feet. L&B Realty Advisors’ industrial complex is now 75 percent leased.
Miami Shopping Center Lands $10M Refi
CBRE arranged the 20-year term loan for Bird Square Plaza, an 89,582-square-foot property anchored by Latin grocer Fresco y Más.
Transwestern Arranges 50 KSF Industrial Lease in Miami
AAR Aircraft, a provider of aviation services to commercial and government customers, will be relocating its headquarters to Miami International Commerce Center.
JV Kicks Off Work at Miami Mixed-Use Project
The reimagined CocoWalk is slated for delivery in late 2019 and is set to feature 250,000 square feet of Class A commercial space.
Stockbridge Grabs $40 South FL Retail Asset
The new owner selected CREC to oversee management and leasing for The Fountains of Miramar, a nearly 140,000-square-foot shopping center.
CBRE Arranges Sale of FL MOB
Located at 4800 North Federal Highway, the 13,851-square-foot property offers convenient access to Sample Road, E. Hillsboro Boulevard and S. Ocean Drive.