FORT LAUDERDALE, FL-Stiles Retail Group is also marketing the 12,000-sf free-standing retail outparcel building fronting South Federal Highway in Pompano Beach, 32 miles north of Downtown Miami. The shopping center is expected to be completed by the first quarter.
MIAMI-The novelty imprinting company has purchased the 32-year-old, 94,461-sf Sunshine Industrial Park property at 15959 NW 15th Ave. from John H. Shapiro of Bay Harbor Islands, FL for $3.17 million or $33.56 per sf. The deal was done with a purchase money mortgage for $2.37 million.
MIAMI-FPL is asking the Federal Nuclear Regulatory Commission to approve its Turkey Point plant until 2032 because the plant's current licenses begin to expire in 2012.
MIAMI-The six-story, 240,586-sf office asset, being built at an estimated hard construction cost of $36 million in west Dade County, is expected to ready for occupancy Feb. 1. No preleasing activity has been announced for the spec building.
NORTH MIAMI BEACH, FL-The world's largest retailer may decide on the location in the first quarter, according to published reports. Wal-Mart's other Florida SuperCenters are in the 200,000-sf plus range.
BOCA RATON, FL-The Dallas-based developer hopes to have Jefferson at Camino Real, the 235-unit midrise apartments and townhome venture, ready for occupancy by spring in this city's Downtown, 50 miles north of Miami.
CORAL GABLES, FL-Jorge B. San Miguel of Key Biscayne will head development of the planned one million-sf Beacon CyberPort at the former Miami Free Zone site near Miami International Airport.
MIAMI-National Residential Properties Inc. is expected to get nearly $4 million in construction financing from the First Housing Development Corp. for the Conquistador Plaza, a 60-unit apartment building planned for southwest Miami.
MIAMI BEACH -Ron Droegmyer, an award-winning hotel executive, takes over the management reins at the 17-story, 1,152-unit Roney Palace Beach Resort & Spa as the multimillion-dollar renovation at the 70-year-old property nears completion.
MIAMI-The San Francisco real estate investment trust's AMB Property LP arm has acquired Beacon Centre, a 23-building, 2.2 million-sf industrial center a mile west of Miami International Airport for $87.95 million in cash and $72.65 million in assumed debt.