BOYNTON BEACH-Levitt Commercial begins construction on phase two of the 133,000-sf High Ridge Commerce Center, a 10-acre condominium warehouse project. The first units should be delivered by late in the fourth quarter.
SUNNY ISLES BEACH, FL-Fortune International, which is developing the 25-story oceanfront condominium-hotel tower here, has hired Pavarini Construction Co. Inc. as the project's general contractor. The project is under way, with a fall 2004 completion date set.
BOCA RATON, FL-Fitzgerald previously owned and managed a wicker and teak furniture manufacturer, but now will focus on commercial real estate sales and leasing in Palm Beach County with Stagman Commercial Real Estate Advisors, which was formed in December.
FORT LAUDERDALE-Gary Hillert, who paid $3.5 million for the building, plans to try to lease it out. The building sits on 4.52 acres and has been vacant for nearly a couple of years, when U.S. Foodservice moved out.
MIAMI-Blue Capital U.S. East Coast Real Estate LP purchased the 47-story skyscraper here for $148.48 per sf. The seller was a partnership of the California Public Employees' Retirement System and Hines. Hines will be the project's property manager and leasing agent.
FORT LAUDERDALE-Harbor Shops LLC is developing the $35 million center here in the city's 17th Street Causeway area. Publix has inked a 20-year lease with renewal options to be the center's anchor tenant with a 54,340-sf store planned.
MIAMI-The $18 million, 137,000-sf FedEx Miami Airport Gateway office and warehouse facility will replace a smaller facility and is designed to better position the company for growth. The projected completion date is this December.
WEST PALM BEACH, FL-Premier has purchased 41.6 acres of land here on which to build the planned 500,000-sf, four-building retail/office/warehouse project. The sale price of the land was about $4.2 million; MIP Ventures Ltd. was the seller.
WEST PALM BEACH, FL-Premier has purchased 41.6 acres of land here on which to build the planned 500,000-sf, four-building retail/office/warehouse project. The sale price of the land was about $4.2 million; MIP Ventures Ltd. was the seller.
MIAMI-The luxury hotel, owned and developed by ZOM Development of Orlando will have 91 rooms. The project's architect is L. Murray Dixon. The decorator is Jacques Garcia, who has done several projects in Paris.