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Eagle Lands at CRE Consultants in Fort Myers
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Dane Eagle has joined CRE Consultants as a broker associate in the firm’s Fort Myers, FL office. In his new role, Eagle will focus on commercial office, retail and land transactions across the Cape Coral submarket while expanding the firm’s base in Southwest Florida. Eagle brings more than 15 years of real estate experience, having […]

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Feds Expand FinCEN Order Targeting Money Laundering in High-End Real Estate
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Honolulu became the seventh metropolitan area added to the list of markets targeted by the U.S. Treasury‚Äôs Financial Crimes Enforcement Network (FinCEN) aimed at cracking down on money laundering through high-end U.S. residential real estate. FinCEN first required the filings, known as Geographic Targeting Orders (GTOs), in January 2016 from U.S. title insurance companies who […]

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Gates-Vinik JV Announces Design Team for Water Street Tampa Megadevelopment
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Developers of the planned $3 billion, 9 million-square-foot Water Street Tampa megadevelopent in downtown Tampa named design teams and revealed other details about the project, one of the largest downtown master developments in the U.S. Strategic Property Partners, LLC (SPP), a joint development venture between Tampa Bay Lightning NHL team owner Jeff Vinik and former […]

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Lennar Multifamily Investors Sells 229 Units in Boca Raton
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Monogram Residential Trust acquired the 229-unit Boca City Walk apartments at 33 SE 8th St. in Boca Raton, FL for $80.5 million, or aobut $352,000 per unit, from Lennar Multifamily Investors. The seven-story, 250,000-square-foot multifamily building was constructed in 2016 in the Downtown Boca Raton MF submarket. A provision in the deed restricts the buyer […]

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Office Depot Exercises Purchase Option on Boca Raton HQ
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Office Depot, Inc. (NASDAQ: ODP), the Florida- based office supply retailer, acquired its office building located at 6600 N. Military Trl in Boca Raton, FL for $132.05 million, or about $211 per square foot, from Chicago-based, internally-managed real estate investment trust Equity Commonwealth (NYSE: EQC). Equity acquired the net-leased asset in January 2011 for $171 […]

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Mom left kids in hot car in bar parking lot while she went drinking: cops
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//delivery.vidible.tv/jsonp/pid=56c21811e4b009d9eacb4ef9/vid=599c873eb90afb303502fad8/5643911267b62318603bce5a.js?m.embeded=cms_video_plugin_releases.aol.com A Florida mother is facing charges after cops say she left her two young kids in a hot car while she drank in a bar. Read more…

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Market Trend: Select Top Five Orlando Industrial Leases Signed in Q2 2017
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The select top industrial lease signed during the first half of 2017 in the Orlando market was at Northwest Distribution Center – Bldg. D in the NW Orange County submarket. Quality Custom Distribution leased 180,438 square feet there during the second quarter. Oakmont Industrial Group LLC represented the landlord. Also in the second quarter, Liberty […]

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Abacus Capital Sells The Landings at Coconut Creek
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Abacus Capital Group sold the 268-unit The Landings at Coconut Creek apartments at 4854 Fishermans Dr. in Coconut Creek, FL for $45.3 million, or aobut $169,000 per unit, to TIAA-CREF Investment Management LLC. The 300,966-square-foot multifamily building was constructed in 1985 in the Outer Coral Springs MF submarket. It consists of studios, one-, and two-bedroom […]

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Market Trend: Select Top Five South Florida Industrial Leases Signed in Q2 2017
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The select top industrial lease signed during the first half of 2017 in the South Florida market was at 12610 NW 115th Ave. in the Medley submarket. Bel USA LLC renewed its 342,750-square-foot lease there, represented by CBRE. Newmark Knight Frank represented the landlord. Dependable Packaging Solutions leased 182,000 square feet at 5255 NW 159th […]

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Market Trend: Select Top Five Tampa / St. Petersburg Industrial Leases Signed in Q2 2017
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The select top industrial lease signed during the first half of 2017 in the Tampa / St. Petersburg market was at Park 27 Building III in the Polk County submarket. CBRE represented the landlord in a 305,976-square-foot, first-quarter lease deal there. The Empire Company leased 206,716 square feet at Bridgewater Commerce Center in the Polk […]

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