MIAMI-Doral Executive Office Park LLC bought the Doral I and Doral II buildings, which have a total of 101,420 net rentable sf, from Doral FlexxSpace Ltd. They are 90% occupied.
FORT LAUDERDALE, FL-Miller Healthcare Services will provide solutions to healthcare providers that need to expand services and update technology on existing sites or new sites. James F. Smith joined the division as a principal and will direct it.
MIAMI-Rodrigo Nino, former vice president of development sales for Fortune International, founded Prodigy International Development Sales. He is experienced at selling and marketing luxury high-rise condominium projects. He plans on representing $500 million in residential real estate.
MIAMI-Woolbright Pembroke Ltd., controlled by Woolbright Development Inc., paid about $112.75 per sf to a limited liability company controlled by Schiff-Turnberry Properties for the 211,969-sf center here. Built in 1984, the center recevied a major renovation in 1993 after Hurricane Andrew.
MIAMI-Conmir Investments Inc. paid $65 per sf, $5 to $7 per sf above two recent comps, for the approximately six-year-old building here. Conmir Investments is an investor-user in the food industry.
SUNRISE, FL-Union Bank Mortgage Corp. offers 227 home loan programs for multifamily and single-family properties. The 30-plus-year-old bank, with more than $847 million in assets, also does a large amount of commercial real estate lending in South Florida.
MIAMI-A real estate investment firm has purchased the six-building portfolio here from CalEast Industrial Investors LLC. While the sale price was not disclosed, industry sources place a $16 million to $18 million value on the deal.
MIAMI-Locally based Trujillo Brothers paid $3.1 million to Entenmann's Inc. for the building at 3325 N.W. 62nd St., where Trujillo will move and expand. Currently, the company has about 100,000 sf in the eastern section of the city.
BOCA RATON, FL-The two million outstanding 8.625% Series B Preferred Units will be redeemed Nov. 17 for almost $25.37 total per unit. The price will be paid to unit holders of record on the redemption date.
MIAMI-Calle Ocho Properties LLC purchased the 49,000-sf University Lakes Shopping Center for close to $92.85 per sf and at a cap rate of 7.3%. The 100% leased center is anchored by a local grocery store.