Galium Capital, a Miami-based private equity firm, has closed on Palm Square, a 77,621 SF shopping center in Pembroke Pines, Florida. The sales price was $20.475 million and the closing was overseen by Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI).
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Last Remaining 2.18 Acre Parcel At Miami Worldcenter Listed For Sale
The last remaining parcel at Miami Worldcenter has been listed for sale at NE 1st Avenue between 10th and 11th Streets, which is being marketed by Robert Given of Cushman & Wakefield. The parcel is located on Block A and spans 2.18 acres, allowing for 1.7 million square feet of total development and up to 1,100 residential units.
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Avison Young Oversees PMG Acquisition Of Wynwood Portfolio For $46 Million
Avison Young’s Florida Capital Markets Group has overseen the closing of a $46 million sale of a prime-located portfolio to an affiliate of PMG, who recently completed co-living concept X Miami on Biscayne Boulevard in Downtown Miami and is currently developing X Las Olas in Fort Lauderdale.
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Galium Capital Acquires Fountain Square II In Tampa With Joint-Venture Partner Owens Realty Capital For $29.4 Million
Galium Capital, a Miami-based private equity firm and its joint-venture partner, Owens Realty Capital, have acquired Fountain Square II, a curvilinear four-story office building in Tampa for $29.4 million. The joint-venture paid about $220 per square foot for the Fountain Square II office building in the Westshore area of Tampa.
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Newgard Development & Crescent Heights Propose Natiivo Tower In Downtown Miami "Powered By AirBNB"
Harvey Hernandez’s Newgard Development’s NGD Homesharing and Russell Galbut’s Crescent Heights have proposed Natiivo, a 48-story tower planned in Downtown Miami next to Miami WorldCenter. The project, which is designed by Arquitectonica with interiors by Urban Robot, will be “powered by AirBNB” and will feature units specially designed to operate short term rentals.
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Metronomic Officially Acquires Properties For Phase 1 of Grand Plaza, Coconut Grove's New $74 Million Sustainable Development
Miami-based sustainable real estate developer Metronomic has acquired an assemblage of properties in Coconut Grove to commence development of their “Grand Plaza” mixed-use project. The four-parcel portfolio along Grand Avenue consists of 0.77 acres and was purchased for $6.3 million ($186.67/psf).
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Galium Capital Lists Stabilized Portfolio of 35+ Single-Family Homes Across South Florida For $10 Million
Galium Capital announced today the listing of a 35+ single-family home portfolio across South Florida for $10 million. The stabilized portfolio features homes which are located across several Lennar communities in cities such as Doral, Homestead, Coconut Creek, Stuart, Miami and Hialeah.
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Metro 1 Lists Rare Development Site In Wynwood's Emerging South East Quadrant For $16.4 Million
Metro 1 Commercial has listed a rare development site in Wynwood's South East Quadrant Portfolio for $16.4 million. Metro 1’s president/CEO Tony Cho and Vice President, Andres Nava have been retained to market the corner to corner assemblage that is composed of three separate parcels totaling 29,786 SF of buildings sitting on 39,600 SF of Land.
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Avison Young Lists Last Development Site In Brickell Comprised Of 3 Parcels Along The Miami River
Avison Young’s Florida Capital Markets Group has been exclusively selected by a family trust ownership group to sell 99 Riverside, the last remaining development opportunity along the Miami River in Miami’s famed Brickell submarket.
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Legacy Asset Development Site On Biscayne Boulevard In An Opportunity Zone Hits The Market In Edgewater
A rare ±3.04-acre development opportunity spanning a full city block at 1700 Biscayne Blvd. in Miami’s prestigious Edgewater area has hit the market. Avison Young’s Florida Capital Markets Group has been exclusively selected to market and sell the property which is uniquely located in an Opportunity Zone.
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