LOAN Learn More: https://lnkd.in/gzq86Gry IMAGE: Ari Pearl & Alex Witkoff DATE: 11/20/2024 ADDRESS: 661 Diplomat Parkway MARKET: Miami ASSET TYPE: Multifamily ~ ACRES: 150 LENDER: J.P. Morgan & BDT & MSD Partners LANDLORD: Alex Witkoff - The Witkoff Group & Ari Pearl - PPG Development LLC LOAN AMOUNT: $273,000,000 LOAN TYPE: Construction #Miami #RealEstate #tradedmia #MIA #TradedPartner #Multifamily #WitkoffGroup #PPGDevelopment #JPMorgan #BDTMSD
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Recent commercial real estate transactions in Florida. Visit traded.co
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Recent commercial real estate transactions in Florida.
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SALE Learn More: https://lnkd.in/gP6JVz9v IMAGE: Ayal Frist, Floyd Mayweather Jr. & Eli Gindi DATE: 11/21/2024 ADDRESS: 1116 Ocean Drive MARKET: Miami Beach ASSET TYPE: Single Family ~ SF: 23,462 ~ ACRES: 0.4 BUYER: Floyd Mayweather Jr. (FloydMayweather) SELLER: Eli Gindi BROKER: Ayal Frist - AlphaTech Real Estate Group NOTE: Floyd Mayweather Jr. is acquiring a major stake in Miami Beach's Villa Casa Casuarina, formerly the Versace Mansion, in partnership with the Nakash family (hotelier and founder of Jordache Jeans) and Eli Gindi. The deal, brokered by Ayal Frist, marks another noteworthy move in Mayweather's growing commercial real estate portfolio. Recently, Mayweather offloaded his mansion in Coconut Grove for $22 million and made a major investment in New York office landlord 601W Companies' portfolio. #Miami #RealEstate #tradedmia #MIA #MiamiBeach #SingleFamily #AyalFrist #AlphaTechRealEstateGroup #EliGindi #FloydMayweatherJr
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SALE Learn More: https://lnkd.in/gCBPYbkh IMAGE: Brooks Koepka & Eric Levitt DATE: 11/01/2024 ADDRESS: 1201 Jupiter Park Drive MARKET: Jupiter ASSET TYPE: Industrial BUYER: Brooks Koepka SELLER: Eric Levitt - EML Realty Partners BROKERS: Jack Robson & Dan Sefjack - Business Real Estate, Inc.; Marc Turnesa - Frankel-Ball Realty SALE PRICE: $2,095,000 SF: 5,094 ~ PPSF: $402 NOTE FROM SELLER: EML Realty Partners, based in Jupiter, FL, recently sold one unit of an industrial warehouse building to professional golfer Brooks Koepka. The unit, one of four units in the 1201 Jupiter Park Drive building, was purchased for $2,095,000 The 5,094 square foot unit currently consists of 60% office, 40% warehouse space, with a reception area, nine offices, a conference room, kitchenette, server room, two restrooms, and open warehouse space. The property is centrally located within Jupiter Commerce Park with convenient access to I-95 and the Florida Turnpike. EML Realty Partners, LLC ("EML") is a commercial real estate investment firm specializing in the acquisition of opportunistic commercial real estate investments. The EML portfolio is made up of a majority of industrial/flex properties throughout the state of Florida. The Florida portfolio consists of more than 40 properties with a value in excess of $500 million and over 1,000,000 square feet of leasable space. #Miami #RealEstate #tradedmia #MIA #TradedPartner #Jupiter #Industrial #JackRobson #DanSefjack #BusinessRealEstate #MarcTurnesa #FrankelBallRealty #EricLevitt #EMLRealtyPartners #BrooksKoepka
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SALE Learn More: https://lnkd.in/gesSB3_b IMAGE: Adam H. Klein, Elon Gerberg & Cleveland Sainpreux DATE: 11/19/2024 ADDRESS: 12430 West Atlantic Boulevard MARKET: Coral Springs ASSET TYPE: Retail BUYER: Yair Gretah SELLER: Fabian Ponce BROKERS: Elon Gerberg, Adam H. Klein & Cleveland Sainpreux - The ROI Group - SVN Commercial Partners SALE PRICE: $3,600,000 SF: 10,237 ~ PPSF: $351 NOTE FROM BROKER: Elon Gerberg, Adam H. Klein, and Cleveland Sainpreux of The ROI Group at SVN Commercial Partners facilitated the transaction, representing both the buyer and the seller. The property sold at full asking price, receiving multiple full-price offers and closing at over $350/SF with a 6.58% cap rate. For more information, contact the ROI Group at SVN Commercial Partners: Elon Gerberg ([email protected], 561.485.1129), Adam H. Klein ([email protected], or 516.445.3070) or Cleveland Sainpreux ([email protected], 561.485.1655). Follow us for exclusive listings and commercial real estate investment sales tips - https://lnkd.in/eA-5-GT4 #Miami #RealEstate #tradedmia #MIA #TradedPartner #CoralSprings #Retail #ElonGerberg #AdamHKlein #ClevelandSainpreux #SVNCommercialPartners#FabianPonce #YairGretah #TheROIGroup
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SALE Learn More: https://lnkd.in/gKJkEgqN IMAGE: Germán Coto, Lou Naser, Alicia Cervera Lamadrid & Shawn Chemtov DATE: 11/19/2024 ADDRESS: 300 Biscayne Boulevard Unit 5701C MARKET: Miami ASSET TYPE: Condo BUYER: @Naifeh “Nina” Naser; Lou Naser - Global Wealth Partners Inc. SELLER: Germán Coto - G and G Business Developments BROKER: Alicia Cervera Lamadrid - Cervera Real Estate LENDER: Shawn Chemtov - Chemtov Mortgage Group SALE PRICE: $15,250,000 SF: 9,111 ~ PPSF: $1,674 NOTE: Loay "Lou" Naser, CEO of Global Wealth Partners, and his wife Naifeh "Nina" Naser paid $15.25 million for a penthouse in the newly completed Aston Martin Residences in Miami. The 9,111-square-foot unit was sold by Riverwalk East Developments LLC, an affiliate of G&G Business Developments, to the Naser Family Trust with financing from the Chemtov Mortgage Group. #Miami #RealEstate #tradedmia #MIA #Condo #GandGBusinessDevelopments #NaifehNaser #LouNaser #GlobalWealthPartners #CerveraRealEstate #ChemtovMortgageGroup
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SALE Learn More: https://lnkd.in/g5FBBkjt IMAGE: Kevin Buxton & Joseph Pasquale DATE: 11/14/2024 ADDRESS: 8911 North Fork Drive MARKET: North Fort Myers ASSET TYPE: Industrial BUYER: Southpaw Capital - Joe Pasquale & Kevin Buxton SELLER: Moonstone Holdings - Niclas Kirchberger SALE PRICE: $3,000,000 SF: 30,000 ~ PPSF: $100 #Miami #RealEstate #tradedmia #MIA #TradedPartner #NorthFortMyers #Industrial #MoonstoneHoldings #NiclasKirchberger #SouthpawCapital #JoePasquale #KevinBuxton
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SALE Learn More: https://lnkd.in/gRHCbeRy IMAGE: Adam H. Klein, Michael Barashick & Elon Gerberg DATE: 11/12/2024 ADDRESS: 1402 Royal Palm Beach Boulevard MARKET: Royal Palm Beach ASSET TYPE: Office BUYER: Maurice Splain SELLER: Daniel Miller SELLER'S REP: Michael Barashick, Elon Gerberg & Adam H. Klein - The ROI Group - SVN Commercial Partners SALE PRICE: $1,530,250 SF: 3,864 ~ PPSF: $396 NOTE FROM BROKER: The ROI Group of SVNCP is pleased to have facilitated this record setting price in this Royal Palm Beach submarket. We generated multiple competitive bids over asking price from qualified buyers. We eventually closed above our pricing expectations around $400/psf. Please call Michael Barashick or Elon Gerberg to discuss this closing in more detail or any of our other exclusive inventory. Michael Barashick 561-226-4301, [email protected] or visit our linktree at linktree.com/roigroupfsvn #Miami #RealEstate #tradedmia #MIA #TradedPartner #RoyalPalmBeach #Office #MichaelBarashick #ElonGerberg #AdamHKlein #TheROIGroup #SVNCommercialPartners #DanielMiller #MauriceSplain
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LOAN Learn More: https://lnkd.in/gxuerJeJ IMAGE: Jon Paul Perez, Brad Meltzer, Jorge Pérez, Keith Gelb, Nick Pérez, Bill Walton , Taylor Collins & Adi Chugh DATE: 11/21/2024 ADDRESS: 10245 Collins Avenue MARKET: Bal Harbour ASSET TYPE: Development Site LENDER: Adi Chugh - Elliott Investment Management-backed Tyko Capital LANDLORD: Jorge Pérez, Jon Paul Pérez & Nick Pérez - Related Group ; Bill Walton & Keith Gelb - Rockpoint; Taylor Collins & Brad Meltzer - Two Roads Talent Development LOAN AMOUNT: $424,000,000 LOAN TYPE: Construction NOTE: Developers Related Group, Rockpoint, and Two Roads Development secured a $424 million construction loan from Tyko Capital, a firm backed by Elliott Management (one of the oldest fund managers of its kind) for Rivage Residences Bal Harbour , slated for completion in 2027. The luxury condo project, featuring residences up to 13,000 square feet, has already completed over $100 million in sales over the last 60 days. #Miami #RealEstate #tradedmia #MIA #BalHarbour #DevelopmentSite #JorgePerez #JonPaulPerez #NickPerez #RelatedGroup #Rockpoint #TaylorCollins #BradMeltzer #TwoRoadsDevelopment #ElliottInvestmentManagement #TYKOCapital
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LEASE Learn More: https://lnkd.in/ggCMPrEC IMAGE: Max Loria, Glenn Braswell, Jared Robins & Justin Lee DATE: 11/19/2024 ADDRESS: 3740 Northeast 2nd Avenue MARKET: Miami ASSET TYPE: Retail LANDLORD: Glenn Braswell TENANT: Maiden Home LANDLORD'S REP: Max Loria - STL Commercial TENANT'S REP: Jared Robins & Justin Lee - INHOUSE COMMERCIAL ASKING RENT: $200/ft ~ SF: 4,400 LEASE TYPE: NNN Lease LEASE TERM: 5 Years. #Miami #RealEstate #tradedmia #MIA #TradedPartner #Retail #MaxLoria #STLCommercial #JaredRobins #JustinLee #InhouseCommercial #MaidenHome #GlennBraswell
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SALE Learn More: https://lnkd.in/gQCXTfDe IMAGE: Tim Bishop DATE: 11/19/2024 ADDRESS: 237 Jedburg Road MARKET: Summerville ASSET TYPE: Industrial BUYER: Clarion Partners LLC SELLER: Tim Bishop - Iconic Equities ; Trinity Capital Advisors SALE PRICE: $25,250,000 SF: 158,340 ~ PPSF: $159 #Miami #RealEstate #tradedmia #MIA #TradedPartner #Summerville #Industrial