MIAMI-The growth and commercial loan demand in South Florida prompted the California-based commercial mortgage financing company to open an office here.…
FORT LAUDERDALE, FL-Mark Lasman and Marc Strauss have been named senior investment associates in the national real estate investment firm's office here. Both joined the company in 1997 and are also directors of the firm's National Retail Group.
ESTERO, FL-Corkscrew Palms LLC sold the 8,116-sf building to Wayside Properties for $175 per sf. The building will feature up to five stores. It is the first building sold in Corkscrew, a complex consisting of office, medical and retail buildings.
MIRAMAR, FL-Four companies have expanded or renewed their leases at Broward County's largest corporate park. The deals are estimated to be worth at least $1.34 million total, based on reports of average area rental rates.
NORTH LAUDERDALE, FL-Cornerstone Group Holdings will build an affordable housing development on 17 acres in an area with a limited land supply for multifamily projects. The project site is at the northeast corner of McNab and US Highway 441.
MIAMI-The 50-story, mixed-use Ten Museum Park is being co-developed by Chad Oppenheim of Oppenheim Architecture + Design and Gregg Covin of Covin Development, both of Miami. Construction is set to start next summer.
FORT LAUDERDALE, FL-Maleta Construction snags a contract to complete $425,000 for several existing tenants in the 415,000-sf AtlanTech Tower at 6451 N. Federal Highway. Construction started this week and will wrap up in three months.
MIAMI-In its move from Hialeah, FL, to Miami, the home furnishings distributor is doubling its distribution space with a three-year lease valued at close to $363,600. The tenant is inbound to Sunshine State Industrial Park.
MIAMI-The 25-story ultra-luxury condominium tower 6000 Indian Creek will have 35 sizable units, with one or two units per floor. The project is being developed by BSG Development Corp. and it is set to begin construction next week.
BOCA RATON, FL-The apartment owner and operator, based here, had funds from operations of 61 cents per diluted share for the second quarter, compared with the consensus First Call estimate and the 2002 quarter's 60 cents. The company's net income available to common shareholders declined in the second quarter.