SOUTH FLORIDA-A new Marcus & Millichap report shows three key South Florida cities--Miami, Fort Lauderdale and West Palm Beach--will improve their rankings in the company's National Office Index.
DELRAY BEACH, FL-E.B.J. Holdings LLC paid MDN Lake Ida Inc. about $85.62 per sf for the 80,000-sf retail plaza. Tenants at the 90% occupied plaza include House of Appliances, Oxford Academy, Black Sheep Inn and Nobel Learning Center.<p>
CORAL SPRINGS, FL-The 14,591-sf drug store development includes the demolition of a former Sizzler restaurant. The store is being developed by Southern Management & Development LP on a 2.5-acre site at University Dr. and Royal Palm Blvd.
MIAMI-Equity One recently opened the 88,111-sf, 86% occupied neighborhood shopping center here. It is anchored by a 44,271-sf Publix supermarket and a Kentucky Fried Chicken restaurant is scheduled to open in one of the outparcels in July.
NORTH MIAMI BEACH-The figure increased from $10.7 million in first quarter 2002 to $17.3 million in the same period this year. Net income decreased from $13.3 million to $12.3 million from the 2002 quarter to the 2003 quarter, while total revenue climbed 49.9%.
