The Cincinnati-based Last Mile Investments have acquired the Pennock Square retail plaza in Jupiter for $18.5 million from the North Miami Beach-based Elion Partners, led by Shlomo Khoudari. Huntington National Bank financed the deal with a $12.95 million mortgage. The property was listed with Kirk Olson, Drew Kristol and Alex Zylberglait of Marcus & Millichap […]
An office complex next to Fort Lauderdale-Hollywood International Airport sold for $7.2 million. Capital Cypress LLC, managed by Jonathan Cohen and Fanny Cohen, purchased the Cypress Creek Professional Buildings at 2001-2005 West Cypress Creek Road. Bananco LLC, led by Aziz Ali, sold the property. The three buildings total 49,867 square feet, equating to a sale […]
An Argentine investor bought a North Miami Beach office building in an Opportunity Zone for $6 million. 2020 Office Nmb LLC, managed by Ezequiel Schmuckler, bought the building at 2020 Northeast 163rd Street. Office 2020 LLC, managed by Alejandro Araujo, sold the property. The three-story office building totals 31,145 square feet, equating to a sale […]
A 30,000-square-foot Opportunity Zone site in the burgeoning Edgewater neighborhood of Miami just hit the market for $13.5 million. A developer could build a 36-story condo, apartment or commercial building on the development site and gain significant tax advantages thanks to the Opportunity Zone designation. The site totals five parcels at 2650 Biscayne Boulevard, 2265 […]