Iconic Equities, in partnership with Trinity Capital Advisors, has announced the closing of 239 Jedburg Road in Charleston, roughly 115 acres of land located in the Summerville submarket. The firms plan to develop approximately 780,000 square feet of Class A logistics warehouses.
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Four Seasons Private Residences Fort Lauderdale Begins Closings At Record Price Per Square Foot
Four Seasons Private Residences Fort Lauderdale, the first five-star development to debut in the nation’s yachting capital, has commenced closings. The first residences have closed at an average of $2,000 per square foot, an unprecedented price for the Fort Lauderdale condominium market.
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One of The Last Vacant Development Parcels In Brickell Sells For $7 Million
One of the last development parcels in Brickell has sold for $7 million with plans for an approved and permitted 60 unit condo or apartment project. The 19,850 SF, .46 acre lot is located at 1621 SW 2nd Ave. in West Brickell, just a few blocks away from Brickell City Centre, SLS Hotel, Echo Brickell, Mary Brickell Village, and Brickell Bay Boardwalk.
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Miami Sees Second Highest Priced Crypto Sale As Marquis Residences Condo Sells For $7.2 Million
The Downtown Miami market is on fire amidst a number of building launches and splashy sales. Now the City of Miami has seen its first crypto sale of the year as Unit 5306 in Marquis Residences has sold for $7.2 million in Ethereum that was transferred to USD Coin, a digital stablecoin that is pegged to the United States dollar.
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Tour This Restored Classic 1929 Coconut Grove Estate Designed By De Garmo Which Just Sold For A Record $12 Million
Coconut Grove remains one of Miami’s hottest neighborhoods in Miami for luxury real estate. A non-waterfront home at 3467 Moorings Way has sold for $12.8 million, marking a record 2,000+ per square foot for a non-waterfront residence in Coconut Grove. The Mediterranean revival villa was originally designed and built in 1929 by Walter De Garmo.
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Cantina La Veinte Space In Icon Brickell Trades For $18.8 Million In Off Market NNN Deal
The waterfront retail condo in Icon Brickell that is home to hotspot Mexican restaurant Cantina La Veinte has sold for $18.8 million. The tenant will remain in place with a brand-new 15-year lease. The two story retail condo spans 11,176 SF and is located on the Brickell Baywalk. Fabio and Sebastian Faerman of FA Commercial represented both the buyer and the seller in the off market NNN transaction.
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Kushner Cos. And Aimco Acquire Fort Lauderdale Development Site For $49 Million, To Build City's Tallest Tower
A partnership between Kushner Cos. and Aimco has acquired a development assemblage in Fort Lauderdale for $49 million and plan to develop Fort Lauderdale’s tallest tower. The development partnership acquired a 1.87-acre site at 520 W Broward Blvd. for $35.5 million from Swire Properties as well as a 2.31-acre site at 300 W Broward Blvd. for $13.5 million.
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Château Group Sells SkyVilla Residence For $13 Million At Château Beach Residences, Sunny Isles Beach
Château Group has sold their lavish SkyVilla Residence complete with a private rooftop pool at the ultra-luxury boutique building Château Beach Residences, Sunny Isles Beach. The developer delivered the fully finished residence at the record-setting price of $13 million dollars to a longtime building resident owner.
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Wharton Realty Group Acquires Homestead Pavillion Shopping Center For $82 Million
The New Jersey-based Wharton Realty Group has acquired Homestead Pavillion Shopping Center for $82 million from a joint venture including CREC Capital, Highline Real Estate Capital, MMG Equity Partners, and Lubert-Adler Real Estate funds. CREC Capital facilitated the sale of a 298,000 SF retail center located at 2400 NE 10th Ct in Homestead.
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Related Group and Merrimac Ventures Joint Venture Acquires Miami Worldcenter Development Site For $12 Million
A joint venture between Related Group and Dev Motwani’s Merrimac Ventures has acquired a development lot in Miami Worldcenter for $12 million from Miami Worldcenter Associates. The .6 acre lot is located at 601 North Miami Avenue and 25 Northeast Sixth Street and is currently used as a surface parking lot.
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