MIAMI-A new report by Cushman & Wakefield of Florida Inc. shows vacancies at 14.6% in Broward, up 1.1%; and 14.2% in Dade, up 2.9%. Palm Beach County's vacancy rate moved down slightly in the second quarter from 12.9% to 12.8%.
MIAMI-New second-quarter estimates show little appreciable change in industrial-warehouse markets in Broward and Miami-Dade counties over the first quarter this year, although Palm Beach County appears a little softer.
LAKE WORTH, FL-The Knoxville, TN-based holding company sells a 32,000-sf neighborhood shopping center for about $36.72 a sf to D&D Co. Lake Worth is 59 miles north of Miami.
CAPE CORAL, FL-The Fort Myers, FL-based development company pays Allete Properties $193,333 an acre for a 150-acre site in this city 126 miles west of Miami.
LAKE WORTH, FL-New York-based Philips Lake Worth Corp. pays $7.6 million in cash, or $37.07 per sf, for the Palm Springs Plaza neighborhood retail center in this Palm Beach County community 59 miles north of Miami.
DELRAY BEACH, FL-The locally based homebuilder is exercising its right to redeem 100% of $35.8 million in outstanding senior notes. Delray Beach is 47 miles north of Miami.
FORT LAUDERDALE, FL-The city approved a private vehicle drive in the Boca Raton-based developer's plans to build a 330,000-sf office/retail complex Downtown. Fort Lauderdale is 26 miles north of Miami.
FORT LAUDERDALE, FL-Shay Pope, a former tenant representative at Miami-based Larkin Schmidt Commercial, has similar duties in Crow's Fort Lauderdale office, 26 miles north of Miami.
BOCA RATON-The locally based manufacturer has raised $4 million in working capital through a private stock placement with Halifax Fund of the Cayman Islands. Boca Raton is 42 miles north of Miami.