DADELAND, FL-The 400-unit condominium project will be Downtown's first high-rise. Located near Dadeland Mall, the development will consist of two 25-story towers, with pricing from the $180,000s.
FORT LAUDERDALE, FL-The beachfront Q Club Resort & Residences will feature 333 units in a 25-story condominium-hotel tower here. Condo prices range from the mid-$200,000s to $2 million. The project is scheduled to be completed in spring 2005.
MIAMI-Three buyers purchased the land for a total of more than $4.7 million. They mainly plan to build on the property for their own uses. The land is the last of CSX's surplus land in the South Florida area.
BOYNTON BEACH, FL-Archon Group paid Wood Partners $113,333 per unit for the 216-unit luxury property. Located in a shrinking rental market, the complex drew high interest from investors.
SUNRISE, FL-A local private investor paid about $66,667 per unit, or $64 per sf, to Watertoncrest LLC of Chicago for the 168-unit garden-style property. Built in 1974, the property was approximately 95% occupied at press time.
BOCA RATON, FL-The sale price is nearly $300 per sf for this 24,000-sf, class A office building, sold by Military Trail Realty Holdings Inc., which is owned and funded by Bryason Corp.
DEERFIELD BEACH, FL-The general contractor, which currently is leasing space in Boca Raton, plans to relocate to the 10,000-sf building here, where the company purchased 1.4 acres for about $256,132.
AVENTURA, FL-Aventura Marina, a 378-residence luxury, bayfront community planned here, is set to break ground in the first quarter 2004. The project takes the step forward as the Related Group becomes managing partner in the joint venture with the Easton Group.
PEMBROKE PINES, FL-International Office, a new tenant, is taking 8,290 rentable sf for five years, and Pines Radiology Center renewed its 7,135-sf lease for 10 years in the 96,236-sf Pembroke Pines Professional Center.