HOLLYWOOD, FL-The development team has a string of projects in the works: it recently opened Colonial Park in Margate; completed construction of The Meridian in Hollywood; and has three more projects in the plans for north of Palm Beach.
MIAMI-Before Libby Smith, Trustee of Buffalo, NY purchased the building, three leases were renewed, bringing the occupancy to 100% and making it marketable, according to a broker involved in the transactions.
FORT LAUDERDALE-Football great Dan Marino has signed a three-year contract to market the planned four-tower condominium development, of which three towers are under construction.
MIAMI-The 124,037-rentable-sf, three-building campus, which sits on 9.4 acres, is mainly occupied by state and county tenants. Procacci Financial Group sold the property to a Southern California-based investment partnership for $93 per sf.
MIAMI-Gordon M. Messinger was previously with Codina Realty Services. As associate director for Alliance, based here, he is focusing on sales and leasing in the Airport West area and throughout South Florida.
MIAMI-Neo Concepts LLC is developing NeoVertika at 690 SW First Court with approximately 20,000 sf of retail space. Some of the 443 units--the splits--will feature 20-foot-high ceilings and two levels.
MIAMI-T-B Investments LLC of Miami sold the 33,023-sf office/warehouse building here for about $3 million, or $90.84 per sf. TractoAmerica plans to lease the building back from the new owner.
MIAMI-Avatar Holdings Inc. of Coral Gables, FL anticipates construction might start on the $200 million, 250-unit ultra-luxury condominium development on Hollywood Beach, FL as early as the fourth quarter.
MIAMI-The Aventura, FL-based developer, a subsidiary of Mexico-based GICSA, paid $18 million for the 376-room hotel and surrounding area. CABI plans to demolish the hotel and build two condominium towers with an estimated total of 1.5 million sf.
FORT LAUDERDALE-Cornerstone Premier Communities is planning to demolish three motels to make room for the two-building, 156-unit, luxury oceanfront condominium community in Fort Lauderdale Beach. Occupancy is anticipated in the fall of 2004.