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CRE-sources’ Top 5 Most Popular Stories This Week

Here are the most popular news headlines this past week on CRE-sources.
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Lee & Associates South Florida Closes Commercial Property Sale In Davie

At $415 per square foot, the transaction set a new price per square foot record for the submarket.
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Stiles Buys Broward Shopping Center For $30 Million

"The exceptional 22-acre hard corner location provides new ownership with the potential to add additional outparcels and develop up to 225 units of multifamily housing.”
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Ron Osborne Recognized As Sperry Commercial Global Affiliates Top Producer For 3rd Consecutive Year And Top Producing Office For The First Time

Osborne and his team are laser focused on clients' needs and helping them achieve their goals.
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Other Industry News

Cushman & Wakefield Arranges Sale Of Broward County Industrial Property

Mike Davis, Dominic Montazemi, Rick Brugge, and Rick Colon of Cushman & Wakefield arranged the sale on behalf of both the seller and buyer.

Massive Mixed-Use Project Planned For Delray Beach

The proposed project is slated to include 734 apartments, 150 hotel rooms and 300,000 square feet of commercial, self-storage space.

Apple Signs 42,000 SF Miami Office Lease

Apple is constructing one of the biggest Apple Stores in Downtown Miami, a freestanding retail space surrounded by the Miami Worldcenter towers.

Cushman & Wakefield Arranges $70M Construction Financing For Brickell Condo

Robert Kaplan and Mark Rutherford of Cushman & Wakefield secured the financing through Forman Capital and Core Capital on behalf of the developer North Development, a joint venture between Miami-based Oak Development, led by veteran developer Ricardo Dunin, and Peru-based Edifica.

Design District Office Building Fetches $1,350 PSF

The building's current tenant recently signed a new 30-year lease.

CREI Holdings Secures $67 Million Construction Loan For Affordable/Workforce Housing In Miami-Dade

The 8-story project will have 328 one- and two-bedroom apartments. Of these, 40 percent will be designated for households with an income at 80 percent of the area median income, while the remaining 60 percent will cater to households with an income at 120 percent. 

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