FORT LAUDERDALE, FL-Trafalgar Square of Plantation, FL paid $88 per sf for the two-story, 97,975-sf office buildings in the Fort Lauderdale Commons Center at 5300-5310 NW 33rd Ave.
FORT LAUDERDALE, FL-Broward Barron is chosen to develop the first phase of what could evolve into a highly visible 55-acre campus with two million sf of gross leaseable office, retail and hotel space.
MIAMI-MetLife underwrites several mortgages at a fixed rate of 6.95% over seven-year terms. The developer didn't disclose which properties it mortgaged on the non-recourse loans.
PALM BEACH, FL-The hotel real estate investment trust lowers its third and fourth-quarter estimates on projected revenue per available room and funds from operations.
MIAMI BEACH, FL-Asking prices on small to mid-sized hotels continue to appreciate even as concerns emerge over whether the Sept. 11 national tragedy will have a lingering impact on the upcoming tourism season.
MIAMI-AMB Property Corp. of San Francisco and Houston-based Lefmark Group Inc. sold the 44-tenant, 294,113-sf, 21.3-acre property for $170 per sf, GlobeSt.com learns from industry sources.
MIAMI LAKES, FL-The retail toy company signs a lease valued at an estimated $1.4 million a year for 4,500 sf in this master-planned community 18 miles northeast of Downtown Miami.
WEST PALM BEACH, FL-Berkeley Federal Bank sells an undeveloped four-acre site for $800,000, or about $193,237 per acre ($4.44 per sf) to an investment group that may development a multifamily project.