BH Group, PEBB Enterprises and Related Group have closed the $48.5 million acquisition of a waterfront mixed-use shopping center with fully entitled development rights in Fort Lauderdale. The joint venture plans a transformative mixed-use project with brand-new residences, retail and restaurant space.
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The John Buck Company, Florida Value Partners, BH Group and PEBB Enterprises Reveal HUB Miami Mixed-Use Tower in Downtown Miami
The John Buck Company, Florida Value Partners, BH Group, and PEBB Enterprises have launched HUB Miami located in Downtown Miami at 525 NW 2nd Avenue. The 41-story mixed-use tower will seamlessly blend leisure and work with 306 condominium residences and 245,000 square feet of Class-A office space designed by ODP Architects with interiors by One Line Design Studio.
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Pebb Capital Breaks Ground On 'Sundy Village' Mixed-Use Destination Transforming Delray Beach
Pebb Capital has broken ground on Sundy Village, a transformative mixed-use development located at the gateway of Downtown Delray Beach. Spanning approximately seven acres, Sundy Village will serve as the entryway to the entertainment corridor of Downtown Delray Beach. The landmark project will introduce a business, lifestyle and hospitality destination that harmoniously celebrates a thriving urban setting, while honoring the city’s past.
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Pebb Capital and LeaseFlorida Sell Hampton By Hilton at The Continental in Miami Beach For $43.9 Million
Pebb Capital and LeaseFlorida have sold the Hampton by Hilton at The Continental in Miami Beach, Florida for $43.90 million. The sale closed on June 15 to a privately held LLC. The JV renovated the historic structure in 2016 for $25 million. This deal is a record for the Hampton flag, marking the second-highest price per key in the brand’s portfolio and is significant for the area.
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Pebb Capital And LeaseFlorida Sell Trophy Miami Beach CVS For $17.73 Million
Pebb Capital, in a partnership with LeaseFlorida, has sold a trophy retail condominium asset on Miami Beach for $17.73 million to California-based Cove Capital Investments. CVS Health (CVS), the largest national pharmacy health care provider and a publicly traded company, is the long-term tenant, which signed a 25.5-year lease in May 2021.
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PEBB and Banyan Development Acquire Seven Building Portfolio at the Research Park at Florida Atlantic University® For $37.5 Million
PEBB Enterprises and joint venture partner Banyan Development closed another major office acquisition in the companies’ home base of Boca Raton. The venture paid $37.5 million for a long-term ground leasehold interest position in the Research Park at Florida Atlantic University®, consisting of a portfolio of seven multi-tenant office buildings totaling 308,305 SF.
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