New York-based portfolio management firm Innovatus Capital Partners has acquired Dolphin Corporate Park, a nearly 165,000-square-foot office campus here.
The Related Group, PGIM Real Estate and Shoma Group sold the Flats at CityPlace Doral apartment complex for $100 million. The 303 apartments at 3555 N.W. 83rd Ave. were acquired by Virginia-based Harbor Group International. The price equated to $330,033 per unit.’
Mac Papers, which manufactures a host of paper products, sold its distribution warehouse in Hialeah for $14.68 million. The Jacksonville-based company sold the 137,872-square-foot warehouse at 5900 N.W. 176th St. to Spirit Master Funding X LLC, an affiliate of Dallas-based Spirit Realty. The price equated to $106 per square foot.
Transwestern Real Estate Services (TRE) represented the landlord, Seagis Property Group, in a new, long-term industrial lease totaling 125,976 square feet with Del Valle Brands at 8150 NW 76th Ave. in Medley.
President Trump said that the U.S. is considering “taking over” empty buildings as the coronavirus continues to grow; and the federal government is reaching out to commercial property owners and brokers to lease empty warehouse space. CLICK ON THE HEADLINE FOR MORE
