Class A, 176,990-SF Office Building is Located in Heart of Coral Gables CBD MIAMI, FL, June 11, 2019 — Cushman & Wakefield has been named the exclusive leasing advisor for 220 Alhambra, a 176,990 square-foot Class A landmark office building located in the heart of Coral Gables, Florida. The Cushman & Wakefield leasing team of Managing Director Gordon Messinger and Director Ericka Witkowski will oversee leasing of the building. The entire 9th and 11th floors — each with 15,900 square-foot floorplates — are available, presenting a rare opportunity for a tenant to lease an entire floor in the Coral Gables market. The building is anchored by Amerant Bank, N.A. who houses their headquarters at the building. Other notable tenants include Morgan Stanley and Pinta USA. “220 Alhambra is one of the only Class A properties in the Coral Gables office market with two full floors available for lease,” said Messinger. “This is a phenomenal opportunity for a [...]

An Affiliate of SF Partners Sold the 43,433-Square-Foot Office Building in West Palm Beach to Commerce Pointe Gold, LLC WEST PALM BEACH, FL, June 3, 2019 — Cushman & Wakefield has negotiated the sale of Commerce Pointe Gold, a 43,433-square-foot office building in Palm Beach County. The Cushman & Wakefield Capital Markets team of Scott O’Donnell, Greg Miller, Dominic Montazemi and Miguel Alcivar negotiated the sale on behalf of KAS Gold, LLC, an affiliate of Miami-based SF Partners. Commerce Pointe Gold, LLC acquired the building for $8.5 million ($196 per square foot) and was represented by Jason Sundook and Neil Merin of NAI/Merin Hunter Codman, Inc. Commerce Pointe Gold was developed in 1986 on a ±2.8-acre campus at 1800 South Australian Ave. The four-story office building features a distinctive all-glass gold-colored exterior, ample parking and offers exceptional visibility along Interstate 95. SF Partners implemented a significant capital improvement campaign at Commerce Pointe Gold during its seven-year ownership tenure. These enhancements helped drive occupancy from [...]

John Criddle and Joseph Freitas Negotiated New Leases with Gift of Life, The North West Company and Jay @ Play BOCA RATON, FL, May 31, 2019 — Cushman & Wakefield has secured three new office leases totaling ±36,539 square feet at Sabre Centre I, an office property in Palm Beach County owned by Grover Corlew, a Florida-based real estate investment management group. The Cushman & Wakefield office leasing team of John Criddle and Joseph Freitas recently negotiated national headquarters leases with Gift of Life, The North West Company and Jay @ Play on behalf of Grover Corlew. “Sabre Centre I represents the transformational renovations we are known for,” said Grover Corlew Partner Mark Corlew. “We purchased the property in 2016, investing more than $2 million into common area and mechanical upgrades and improvements in order to provide prominent companies with a sophisticated office experience that includes quality aesthetics and a strong property management team.” Gift of Life, a [...]

An Affiliate of London and Regional Properties Acquired the 79-Unit Asset in Section 363 Bankruptcy Sale PALM BEACH, FL, May 20, 2019 — Cushman & Wakefield has facilitated the sale of The Palm House Hotel via a Section 363 bankruptcy sale. The Cushman & Wakefield South Florida Multifamily Team of Robert Given, Errol Blumer, Robert Kaplan and Michael Mulkern represented 160 Royal Palm, LLC, a court-appointed receiver managed by former Delray Beach Mayor Cary Glickstein, in the disposition. U.K.-based investor and developer London and Regional Properties acquired the 79-unit asset for $39.6 million ($501,266 per unit). The Palm House Hotel is located on a 1.38-acre site at 160 Royal Palm Way on Palm Beach Island. The 82,648-square-foot project was initially developed in 1961 and expanded in 1981. In 2006, significant renovations were started at the property, but were halted in 2014. The property is currently vacant. The Palm House Hotel is located less than one block from the Atlantic Ocean in one of South Florida’s wealthiest zip codes (33480), which boasts an [...]

Leases Include: Winco with 121,979 SF at Flagler Station II, MarJam with 102,400 SF at Airport East Distribution Center and Redbull Distribution Company with 48,547 SF at South Florida Logistics Center MIAMI, March 22, 2019 –The Cushman & Wakefield team of Executive Director Wayne Ramoski, Director Gian Rodriguez and Senior Associate Skylar Stein has recently arranged seven notable leases totaling approximately 650,000 square feet in Miami-Dade County. The leases have a total lease value of $40.94 million. More details below: ·Winco, DWL International Trading, LLC, a commercial kitchenware and equipment supplier, has leased a 121,979-square-foot distribution space at Flagler Station II, Building 22, 10800 NW 103rd St. in Medley. Cushman & Wakefield represented the tenant. The landlord is undisclosed. ·National Molding, an international molding company and plastic manufacturer, has renewed its lease for a 105,871-square-foot manufacturing space at 14427 NW 60th Ave. in Miami Lakes. The space serves as the [...]