OPA-LOCKA, FL-The facility, at Opa-locka Airport, will cost approximately $40 million. It will house the company's headquarters and aircraft assembly, and is expected to create 1,000 jobs in three years.
SUNNY ISLES BEACH, FL-Another condominium tower has begun construction in South Florida. La Perla Ocean Residences is planned for 326 residences on 42 stories. The developer is Cornerstone Premier Communities of Coral Gables, FL.
MIAMI-The facilities include a $712.3 million, five-year revolving credit facility to mature in May 2008, and a $315.2 million, 364-day revolving credit facility to mature next May.
MIAMI-The facilities include a $712.3 million, five-year revolving credit facility to mature in May 2008, and a $315.2 million, 364-day revolving credit facility to mature next May.
MIAMI-The contract with the US General Services Administration is for a wide range of construction management services for federal courthouse projects here as well as across the state.
MIAMI-Ugo Colombo, whose developments include Santa Maria, Bristol Towers, Porto Vita and The Collection, said he wanted to ensure on-time delivery and customer service of Glasswall's products.
NAPLES-JMD 2000 LLC paid CRF Design Studio LP of Baltimore about $155.55 per sf for the 18,000-sf, 100% occupied retail plaza here. With its good location and occupancy, the buyer expects it will be a good investment.
DELRAY BEACH, FL-Yomtob Investments LLC, based here, bought the 36,000-sf, two-story office building as an investment, according to a broker in the transaction. The building was built in 1987 and was 95% leased at the time of the sale.
LAKE WORTH, FL-Depot Center LLC of Boca Raton, FL, paid LWOD Ltd. $85.02 per sf for the 55,457-sf retail center here. The 98% occupied center was built in 1976, and the new owner is planning a substantial renovation.
COCONUT GROVE, FL-The $6 million project here involves converting two floors of retail into class A office space. It is almost 40% leased to two tenants: Crispin Porter + Bogusky, which just moved into 42,000 sf, and Swerdlow Real Estate Group, which is relocating into 6,300 sf.
