Florida
QuickLiquidity Funds Subordinated Debt on 227K SF
QuickLiquidity, headquartered in Boca Raton, FL, funded $2.5 million of subordinated debt on the Minneapolis Mart, a 227,357-square-foot building situated… Read more
CoreLogic: Foreclosures Still Declining
CoreLogic’s most recent foreclosure statistics (November 2016) showed 26,000 completed housing foreclosures nationally. The number represents a 26% decline from… Read more
KPMG Unveils 55-Acre Innovation Facility Plans
KPMG LLP unveiled plans to build a state-of-the-art learning, development and innovation facility in Orlando, FL’s Lake Nona master-planned community.… Read more
Sprouts Market to Grow More Stores in 2017
Sprouts Farmers Market, headquartered in Phoenix, AZ, is continuing on a growth path in 2017. The natural-foods grocer will open… Read more
Call Center Changes Hands for $23M
A 91,872-square-foot call center in Miramar, FL sold to ATCG, LLC for $22.8 million. Seller Green Meadows Miramar LLC was… Read more
Entercom Miami Inks 23K-SF Deal at The Citadel
Entercom Communications Corp., the fourth-largest radio broadcasting company in the United States, struck a deal with Urban Atlantic Group LLC… Read more
Pima Crossing Sells for $46M
Karlin Real Estate in Los Angeles struck a deal with Regency Centers Corp. to acquire the 238,275-square-foot Pima Crossing shopping… Read more
Monmouth Shells Out $21M for Fort Myers FedEx
Monmouth Real Estate Investment Corp., headquartered in Freehold, NJ, acquired a just-delivered FedEx facility at 14001 Jetport Loop in Fort… Read more
Marisol at Viera Sells for $50M
Pollack Shores sold the 282-unit Marisol at Viera, a Class A multifamily property in Melbourne, FL to Passco Cos. for… Read more
OfficeMax HQ Loan Sent to Special Servicer
A $49 million loan on the former OfficeMax headquarters in Naperville, IL, was moved to special servicer C-III Asset Management.… Read more
Las Ventanas Trades for $109M
Epoch Residential and its investment partner sold the mixed-use Las Ventanas in Boynton Beach, FL. ARA Newmark’s Avery Klann, Hampton… Read more
Penta Sells Orlando Building for Record $211 PSF
Penta Partners LLC sold a freestanding office building totaling 16,253 square feet in Orlando to SESCO Lighting for $3.4 million.… Read more
Gramercy Property Pays $521M for Industrial Portfolio
Gramercy Property Trust closed on the acquisition of a 17-property, 10.3 million-square-foot industrial portfolio for $521 million. The portfolio is… Read more
Richmond Offices Sell for $24M
Equitable Real Estate Partners LLC, based in Boca Raton, FL, paid $24.1 million for a set of five buildings located… Read more
New Growth for Walk-On’s Bistreaux & Bar
Walk-On’s Bistreaux & Bar will open new restaurants in five states, thanks to a partnership announced on December 12. The… Read more
Citigroup Acquires 588K-SF Citibank Center
Citigroup Inc. bought the 588,000-square-foot 3800 Citibank Center from Zurich Alternative Asset Management. The service center in Tampa, FL houses… Read more
Crescent Heights Reaches for 800-Unit DTLA Condo Tower
Connect Westside Los Angeles is coming to the Luxe Sunset on December 13. Register here. Florida-based Crescent Heights is proposing… Read more
Allegro Pays $74M for Tampa Senior Housing
Allegro Senior Living struck a deal with Bayshore Retirement Living to acquire the 136-unit Bay at Hyde Park in Tampa,… Read more
Xceligent Launches in South Florida
Xceligent, which provides building data and marketing metrics to the commercial real estate industry, has expanded into South Florida. The… Read more