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Buff Mgmt Sells Avalon Square Apts in Bradenton
www.costar.com

Buff Management Properties sold the 156-unit Avalon Square Apartment Homes at 3506 14th St. in Bradenton, FL for $11.99 million, or about $78,000 per unit, to Yes Property Investments, Inc. The 179,544-square-foot multifamily community consists of one-, two- and three-bedroom units in 15 buildings. Avalon Square Apartment Homes delivered to the Bradenton MF submarket in […]

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Nightingale Properties Sells Main Street Square Shopping Center
www.costar.com

Nightingale Properties LLC sold the Winn Dixie-anchored Mainstreet Square shopping center at 7800 S. US Hwy 17-92 in Fern Park, FL for $10.02 million, or about $92 per square foot, to Gramercy Property Group LLC. The 108,509-square-foot retail center was built in 1988 and renovated in 2013. It is located on 8.9 acres in Orlando’s […]

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Office Lease Up (January 30) Slack Technologies Takes 230,000 SF at Foundry Square IV
www.costar.com

Heitman has signed Slack Technologies to fill 230,000 square feet of office space at the Foundry Square IV building in downtown San Francisco set to be vacated by The Gymboree Corp. The business messaging app company will take occupancy in 2018 of floors through two through 10 at the 247,238-square-foot, 10-story office building located at […]

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Altman Cos Sells Altis at Kendall Square
www.costar.com

The Altman Companies sold the 321-unit Altis at Kendall Square apartments at 16950 SW 93rd St. in Miami, FL for $82 million, or $255,000 per unit, to Bradley Associates. The 325,000-square-foot multifamily community was 94 percent occupied with asking rents averaging $1,800 per month. About 40 percent of the units are one-bedrooms and studios, and […]

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Soft Square Preleases Office Space in Naples Village Square
www.costar.com

Soft Square, Inc. signed a full-building lease for a new office building under construction at 3078 Tamiami Trail in Naples, FL. The single-story, 8,841-square-foot office building is expected to deliver in December 2016 in the Naples Village Square located in the North Naples submarket of Collier County. David Wallace, Dave Wallace and Biagio Bernardo of […]

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Soft Squre Preleases Office Space in Naples Village Square
www.costar.com

Soft Square, Inc. signed an 8,841-square-foot lease at the in-development office building at 3078 Tamiami Trail in Naples, FL. The single-story, 8,841-square-foot office building is expected to deliver in December 2016 within the Naples Village Square located in the North Naples submarket of Collier County. David Wallace, Dave Wallace and Biagio Bernardo of CRE Consultants […]

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Melo Group Breaks Ground on Square Station Apts
www.costar.com

Continuing to tap into growing demand for urban living in Miami’s downtown core is The Melo Group, which has broken ground on the Square Station apartments at 1424 NE Miami Pl. in the Media & Entertainment District of Miami-Dade County. BB&T provided a new $103 million construction loan for the project. The luxury residential community […]

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Investor Sells Chandelle Square in Cape Coral (Correction)
www.costar.com

Demari LLC acquired the Chandelle Square strip center at 1109-1119 and 1127 Del Prado Blvd. S in Cape Coral, FL from a private investor for $2.65 million, or approximately $92 per square foot. The 28,872-suare-foot building was built in 1991 in the Cape Coral submarket, and is currently under renovation with an expected completion date […]

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Investor Sells Chandelle Square in Cape Coral
www.costar.com

Demari LLC acquired the Chandelle Square strip center at 1109-1131 Del Prado Blvd. S in Cape Coral, FL from a private investor for $2.65 million, or approximately $117 per square foot. The 22,278-suare-foot building was built in 1991 in the Cape Coral submarket. Bryan Myers and Stephen Cunningham with LandQwest Commercial represented the seller. Bruce […]

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New South Florida condo boom to add millions of square feet in living space
www.miamiherald.com

Peter Zalewski is a principal with the Miami real estate consultancy Condo Vultures. Zalewski, a licensed Florida real estate professional since 1995 and founder of CVR Realty and Condo Vultures Realty LLC, advises developers, lenders and institutional …

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