FORT MYERS, FL-Colonial Bank Building LLC pays about $174.23 per sf to Alanda Ltd. for the 51,653-sf, five-story, class A professional building at 5220 Summerlin Commons Blvd. here. The building is about 82.2% occupied.
MIAMI-The company purchased the land for $4.225 million with proceeds from the sale of an apartment property. The city wants a retail/multifamily project developed there, says a broker involved in the transaction.
FORT MYERS, FL-The engineering, planning and surveying firm is moving its location here to within the park, which is planned to have two other buildings and total a little less than 28,000 sf.
CORAL GABLES, FL-The Roads Professional Center LLC bought the building, part of the four-building portfolio being sold this year by the court-appointed receiver for Blissco Properties Inc., for $3.5 million.
CORAL GABLES, FL-The Roads Professional Center LLC bought the building, part of the four-building portfolio being sold this year by the court-appointed receiver for Blissco Properties Inc., for $3.5 million.
MIAMI-The buyer, Lejeune Airport Park Suites Inc., plans to develop the land, and a hotel is a primary possibility, according to the broker involved in the sale. Meanwhile, the sale of the entire Venamerica Property has meant a nearly 100% return on equity for the seller, Venamerica Florida LLP.
BOCA RATON, FL-The company has sold its 50% interest in Premier Custodial Group Ltd. and plans to purchase a prison or mental health services business, or to expand its existing prison and mental health business.
DELRAY BEACH, FL-D.U.G. Inc. has signed a $1.4 million, 2,600-sf lease with Sure-Ring Inc. at 8 E. Atlantic Ave., and Jack Wrubleski inked a $450,000, 2,000-sf lease with Yellow House LLC at 85 S.E. 6th Ave.
CORAL GABLES, FL-The 470,000-sf, five-building, class A office complex is "a major assignment," says one Taylor & Mathis broker. Cushman & Wakefield previously handled the leasing for the office complex here.
MIAMI-The $25 million, 284,000-sf Andersen Opera Center planned here is scheduled to be completed in 2005. It will house Florida Grand Opera offices, artist apartments, a 500-seat theater and rehearsal halls.