Avison Young’s Florida Capital Markets Group has overseen the sale and closing of the Transformco Distribution Center, the largest single-building industrial asset in Florida spanning nearly 2 million SF, to Reich Brothers. The transaction closed for $70 million for the 1,937,892-square-foot Transformco Distribution Center, located at 655 SW 52nd Ave. in Ocala.
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L to R: Scott Durkin, Douglas Elliman President & COO, Gus Rubio, COO of Douglas Elliman Florida Brokerage, Don Langon, Managing Broker of Douglas Elliman Palm Beach, Dottie Herman, CEO of Douglas Elliman, Howard M. Lorber, Executive Chairman and Jay Phillip Parker, CEO of Douglas Elliman Florida Brokerage.
Douglas Elliman Celebrates Grand Opening Of New Duplex Palm Beach Office In Royal Poinciana Plaza
Douglas Elliman continues to expand its presence in South Florida and the Palm Beach market with the opening of a new office in Palm Beach’s Royal Poinciana Plaza located at 340 Royal Poinciana Way, Suite M302. The two-story, 3,539 SF location houses the firm’s 125 Palm Beach agents along with additional office space for new recruits and marketing operations.
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Mandala Proposes BLUR Workshop-Designed Courtyard By Marriott in Downtown Miami
Mandala Holdings has submitted new plans to Miami’s Urban Development Review Board for a 31-story Courtyard By Marriott hotel tower in Downtown Miami’s Omni district at 511 NE 15th Street. The proposal will be reviewed at a meeting by the UDRB on November 20.
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Plans Submitted For Paraiso Place To Bring 279 Rental Apartments To Edgewater
Metro Edgewater, LLC., led by Colombian developer Carlos Ortiz, as submitted plans to Miami’s Urban Development Review Board for Paraiso Place, a 279-unit apartment building coming to the recently opened Paraiso district in Edgewater. A hearing has been scheduled for November 20, 2019.
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CIM Group & OneWorld Properties Go Vertical At Mixed-Use Wynwood Square
Two tower cranes are now installed at 2201 N Miami Ave. where CIM Group and Oneworld Properties have gone vertical with the Stantec-designed Wynwood Square. When complete the mixed-use development will feature 2 towers rising 12-stories complete with 257 residential rental apartments complete with a full suite of amenities, 60,000 SF of office space, 27,000 SF of ground floor retail and 480 parking spaces.
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Venetian Island Spec Home Designed By Quincoces-Dragò Sells For Record $15.55 Million
A spec home located at 802 West Dilido Drive on the Venetian Islands has sold for a record $15.55 million. The five-bedroom, 5,600-SF home at sold for approximately $2,750 PSF after it hit the market in March 2019 for $16.85 million. 802 W Dilido LLC paid $4.1 million in 2016 for the 10,500 SF lot.
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The Mess At Melreese Golf Club Gets Worse As Miami Freedom Park Gets Delayed Again
There is just no telling where the supposed deal to bring a professional soccer stadium to Miami will end up after Miami city commissioners voted on Tuesday to continue negotiations with the group, led by Jorge Mas of MasTec, in regards to the projected $1 billion mixed-use office and retail project.
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Avison Young Chosen By New Ownership Team At 800 Brickell To Oversee Leasing
Avison Young has been named the exclusive leasing firm for the 15-story, 209,122 SF office tower at 800 Brickell Avenue in Miami. The assignment was awarded by new-to-market ownership, New York-based family firm Gatsby Enterprises in partnership with MasterMind Properties, which acquired the trophy asset for $125.5 million in July 2019.
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Royal Palm Companies Launches Sales Of Legacy Hotel & Residences At Miami Worldcenter
Miami-based real estate developer Royal Palm Companies (RPC), has officially launched sales for Downtown Miami’s newest mixed-use tower, Legacy Hotel & Residences, the soaring branded mixed-use skyscraper in the heart of mega-project Miami Worldcenter (MWC).
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Marta Cruz, Construction Director of Shoma Group; Nestor Mejia, President of Construction and Development of Shoma Group; Carmen Casadella, Vice President of Sales of Fortune International Group; Edgardo Defortuna, President and CEO of Fortune International Group; Masoud Shojaee, CEO of Shoma Group; Stephanie Shojaee, Chief Marketing Officer of Shoma Group; Sean Saladino, Founder and Owner of Saladino Design Studios; Katherine Mejia, District Senior Manager of Rental Division of Shoma Group; David Muriel, Senior Project Manager of Saladino Design Studios
Shoma Group Officially Breaks Ground On TEN30 South Beach
The Miami-based Shoma Group has officially celebrated the groundbreaking of Ten30 South Beach, a curated collection of 43 studio, one- and two-bedroom condominiums nestled in one of South Beach’s most vibrant neighborhoods. In a nod to the development’s name, the ceremonial groundbreaking was held on October 30 at 10:30 a.m. at the future site of Ten30 South Beach.
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