SALE IMAGE: Doug Levine, Tony Arellano & Devlin Marinoff DATE: 04/25/2024 ADDRESS: 2320-2328 North Miami Avenue & 36-38 Northwest 24th Street MARKET: Miami ASSET TYPE: Commercial ~ ACRES: 0.7 BUYER: JYB 126 SELLER: Doug Levine - Crunch Fitness BROKERS: Devlin Marinoff (@DevlinMarinoff) & Tony Arellano (@TonyArellano2) - DWNTWN Realty Advisors (@DWNTWNRealtyAdvisors) SALE PRICE: $24,500,000 NOTE: Doug Levine, founder of Crunch Fitness, sold three commercial buildings in Miami's Wynwood for $24.5 million, slightly below his initial asking price, to JYB 126, with plans for potential mixed-use redevelopment into a hotel or multifamily project. The properties, fully occupied by various tenants, were purchased by an entity managed by Eric Benaim of Modern Spaces, reflecting continued investor interest in Southeast Florida's strong market fundamentals, particularly in neighborhoods like Wynwood . #Miami #RealEstate #tradedmia #MIA #Commercial #DevlinMarinoff #TonyArellano #DWNTWNRealtyAdvisors #DougLevine #CrunchFitness #JYB126

SALE IMAGE: Jacqueline Oliva, Hillary Hertzberg, David Hunt Solomon, Jill Hertzberg & Daniel Hertzberg DATE: 04/24/2024 ADDRESS: 394 South Hibiscus Drive MARKET: Miami Beach ASSET TYPE: Single Family BUYER’S REP: David Hunt Solomon (@DavidHuntSolomon) & Jacqueline Oliva (@Jacqueline.RealEstate) - Berkshire Hathaway HomeServices (@BHHSRealEstate) SELLER’S REP: Daniel Hertzberg (@DannyHertzberg), Hillary Hertzberg (@HillaryHertzberg) & Jill Hertzberg (@JillHertzberg) - Coldwell Banker (@CBRealtyForida) ASKING PRICE: $17,000,000 SALE PRICE: $15,375,000 SF: 18,375 ~ PPSF: $837 #Miami #RealEstate #tradedmia #MIA #TradedPartner #MiamiBeach #SingleFamily #DavidHuntSolomon #JacquelineOliva #BerkshireHathawayHomeServices #DanielHertzberg #HillaryHertzberg #JillHertzberg #ColdwellBanker #hibiscusisland #luxurysale #internationalbusiness #dhs #justsold #landsale

LEASE IMAGE: Justin Cope, Lisa Blumer, Casey Wold, Greg Martin & Blake Gable DATE: 04/26/2024 ADDRESS: 1571 Sawgrass Corporate Parkway MARKET: Sunrise ASSET TYPE: Office LANDLORD: Casey Wold - Vanderbilt Office Properties; Blake Gable - Barron Colliers (@BCCompanies) TENANT: Cigna Health & Life Insurance Company BROKERS: Greg Martin, Justin Cope & Lisa Blumer - Avison Young (@Avison_Young_Global) ASKING RENT: $24/ft. ~ SF: 47,879 NOTE: Cigna Health & Life Insurance Company has renewed its lease for a 47,879-square-foot office space at Sawgrass Corporate Centre II in Sunrise, Florida, spanning two full floors. The 64-month renewal helps maintain the property's high occupancy rate at 98 percent, with an asking rent of $24 per square foot. The building, situated at 1571 Sawgrass Corporate Parkway, is strategically located facing the Sawgrass Expressway near the Sawgrass Mills outlet mall. #Miami #RealEstate #tradedmia #MIA #Sunrise #Office #CignaHealthandLifeInsuranceCompany #CaseyWold #VanderbiltOfficeProperties #BlakeGable #BarronColliers #GregMartin #JustinCope #LisaBlumer #AvisonYoung

SALE IMAGE: Tony Arellano & Devlin Marinoff DATE: 04/22/2024 ADDRESS: 70 Northeast 40th Street MARKET: Design District ASSET TYPE: Retail BUYER: Craig Robins (@CraigRobins) SELLER: Gindi Family & ASG Equities BROKERS: Tony Arellano (@TonyArellano2) & Devlin Marinoff (@DevlinMarinoff) - DWNTWN Realty Advisors (@DWNTWNRealtyAdvisors) SALE PRICE: $14,000,000 SF: 4,500 ~ PPSF: $3,111 #Miami #RealEstate #tradedmia #MIA #TradedPartner #DesignDistrict #Retail #TonyArellano #DevlinMarinoff #DWNTWNRealtyAdvisors #GindiFamily #ASGEquities #CraigRobins

SALE IMAGE: Matthew Albregts, Jonathan De LaRosa & Jim Shiebler DATE: 04/26/2024 ADDRESS: 1401 Southwest 26th Avenue MARKET: Pompano Beach ASSET TYPE: Retail BUYER: Paul Fazio SELLER: Don Hinkle BROKERS: Jonathan De LaRosa (@J_DLR_), Matthew Albregts (@Matt_Albregts), Jim Shiebler - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $2,300,000 SF: 832 ~ PPSF: $2,764 #Miami #RealEstate #tradedmia #MIA #TradedPartner #PompanoBeach #Retail #JonathanDeLaRosa #MatthewAlbregts #JimShiebler #MarcusandMillichap #DonHinkle #PaulFazio

SALE IMAGE: Eyal Peretz DATE: 04/25/2024 ADDRESS: 2961 & 2967 Bird Avenue MARKET: Miami ASSET TYPE: Mixed-use BUYER: Patrizio De Brasi SELLER: Eyal Peretz - Fuse Group SALE PRICE: $8,100,000 NOTE: Lender Fuse Group sold two unfinished Coconut Grove buildings linked to defaulted loans from separate developers, with an entity led by Patrizio De Brasi acquiring the building shells at 2961 and 2967 Bird Avenue in Miami for $8.1 million. The sale follows failed projects by Metronomic and embattled developer Douglas Cox, with Fuse acquiring the properties through bankruptcy proceedings and subsequently selling them, reflecting challenges in Coconut Grove's development landscape. #Miami #RealEstate #tradedmia #MIA #Mixeduse #EyalPeretz #FuseGroup #PatrizioDeBrasi

SALE IMAGE: Adam H. Klein, Cleveland Sainpreux & Elon Gerberg DATE: 04/24/2024 ADDRESS: 830-890 Southwest 27th Avenue MARKET: Fort Lauderdale ASSET TYPE: Retail BUYER: Mikhail Galkin SELLER: Donald Purcell BROKERS: Elon Gerberg (@EdGofroi), Cleveland Sainpreux (@ClevelandSainpreux) & Adam H. Klein (@AdamhKlein.Roigroup) - SVN (SVN_CommercialPartners) SALE PRICE: $1,200,000 SF: 8,264 ~ PPSF: $145 NOTE FROM BROKER: Cleveland Sainpreux, Elon Gerberg, and Adam H. Klein from SVN Commercial Partners facilitated the deal for both the buyer and the seller. The property was on the market for 22 days, and the buyer, Mikhail Galkin, successfully closed the transaction in just 34 days. Due to ongoing environmental remediation, traditional financing was not available. For more information, contact the ROI Group at SVN Commercial Partners, Cleveland Sainpreux ([email protected], 561.485.1655), Elon Gerberg ([email protected], 561.485.1129), or Adam H. Klein ([email protected], 516.445.3070). Follow us for exclusive listings and commercial real estate investment sales tips - https://linktr.ee/roigroupofsvn #Miami #RealEstate #tradedmia #MIA #TradedPartner #FortLauderdale #Retail #ElonGerberg #ClevelandSainpreux #AdamHKlein #SVN #DonaldPurcell #MikhailGalkin

SALE IMAGE: Natalia Hunter DATE: 03/25/2024 ADDRESS: 1125 West Cypress Drive MARKET: Pompano Beach ASSET TYPE: Single Family BROKER: Natalia Hunter (@NataliaHunterRealty) - Natalia Hunter Realty ASKING PRICE: $1,785,000 SALE PRICE: $1,750,000 SF: 5,944 ~ PPSF: $294 NOTE FROM BROKER: Natalia Hunter Realty has set a groundbreaking record with a sale of over $1.7 Million at Palm AIre Country Club, marking the highest transaction ever in this vibrant Community #Miami #RealEstate #tradedmia #MIA #TradedPartner #PompanoBeach #SingleFamily #NataliaHunter #NataliaHunterRealty

UNDER CONTRACT IMAGE: Peter Wallace, Stephen A. Schwarzman, Arthur E. Levine & Matthew Frankel DATE: 04/25/2024 ADDRESS: Retail Portfolio MARKET: United States ASSET TYPE: Retail BUYER: Stephen A. Schwarzman & Peter Wallace - Blackstone (@Blackstone) SELLER: Arthur E. Levine & Matthew Frankel - Levine Leichtman Capital Partners SALE PRICE: $2,000,000,000 UNITS: 1,400 ~ PPU: $1,428,571 NOTE: A New York City private equity firm is set to acquire the Florida-born smoothie restaurant chain Tropical Smoothie Cafe for $2 billion, expanding its footprint across 44 states, including central Pennsylvania. Blackstone, the buyer, highlighted Tropical Smoothie's growth and loyal customer base as key factors driving its investment in franchise businesses. #Miami #RealEstate #tradedmia #MIA #UnitedStates #Retail #ArthurELevine #MatthewFrankel #LevineLeichtmanCapitalPartners #StephenASchwarzman #PeterWallace #Blackstone

LOAN IMAGE: Hector Castro & Ricardo Acevedo DATE: 04/23/2024 MARKET: Davie, Broward County, South Florida ASSET TYPE: Development Site ~ SFR: 12 ~ SF: 48,280 ~ BSF: 108,000 LENDER: Hector Castro & Ricardo Acevedo (@rickyacevedomaggi) ([email protected]) - Equity Lending Solutions (@EquityLendingSolutions) LOAN AMOUNT: $10,809,493.40 LOAN TYPE: Construction Loan LOAN TERMS: Interest Only, 24 Months, No Prepayment Penalty NOTE FROM LENDER: In less than 21 days, Equity Lending Solutions orchestrated a $10.8MM ground-up construction loan for 12 luxury homes in Davie, Florida. Our unrivaled expertise continues to fuel profitable ventures for clients across Florida and throughout the United States. Join us in paving the way to financial success #Miami #RealEstate #tradedmia #MIA #TradedPartner #Davie #DevelopmentSite #HectorCastro #RicardoAcevedo #EquityLendingSolutions #Investment

SALE IMAGE: Eduardo Toledo & Jonathan De LaRosa DATE: 04/24/2024 ADDRESS: 204 Valencia Avenue MARKET: Coral Gables ASSET TYPE: Retail BUYER: Karina Garcia (@KarinaGarcia88) & Game Properties Karina Garcia SELLER: Glen Spivey BROKERS: Jonathan De LaRosa (@J_DLR_) & Eduardo Toledo (@EdToledo) - Marcus & Millichap (@MarcusMillichapinc) ASKING PRICE: $4,000,000 SALE PRICE: $3,987,500 SF: 5,755 ~ PPSF: $693 #Miami #RealEstate #tradedmia #MIA #TradedPartner #CoralGables #Retail #JonathanDeLaRosa #EduardoToledo #MarcusandMillichap #GlenSpivey #KarinaGarcia #GamePropertiesKarinaGarcia

SALE IMAGE: Jamie Rose Maniscalco & Elina Stolyar DATE: 04/25/2024 ADDRESS: 1200 South Federal Highway MARKET: Dania Beach ASSET TYPE: Retail BUYER: Haim Yehezkel SELLER: Daniel Chteinberg BUYER'S REP: Jamie Rose Maniscalco (@Jamie_r0se) & Elina Stolyar (@Ms_Elina27) - The Alpha Commercial (@TheAlphaCommercial) SALE PRICE: $2,175,000 SF: 6,970 ~ PPSF: $312 #Miami #RealEstate #tradedmia #MIA #TradedPartner #DaniaBeach #Retail #JamieRoseManiscalco #TheAlphaCommercial #ElinaStolyar #DanielChteinberg #HaimYehezkel

SALE IMAGE: Alejandro Gershanik DATE: 04/12/2024 ADDRESS: 5541 Northwest Miami Court MARKET: Miami ASSET TYPE: Multifamily BUYER: Alejandro Gershanik SELLER: Gustaf Arnoldsson BUYER’S REP: Alejandro Gershanik (@AleGershanik) - BM2 Realty (@BM2_Realty) SELLER’S REP: Joseph Thomas (@ThomasDuncanTeam) - Marcus & Millichap (@MarcusMillichap_Fl) SALE PRICE: $1,500,000 UNITS: 8 ~ PPU: $187,500 SF: 2,753 ~ PPSF: $545 #Miami #RealEstate #tradedmia #MIA #TradedPartner #Multifamily #JosephThomas #MarcusandMillichap #AlejandroGershanik #BM2Realty #GustafArnoldsson

SALE IMAGE: Moshe Popack, Barry Sternlicht & Yaffa Popack DATE: 04/24/2024 ADDRESS: 3401, 3601 Southwest 160th Avenue, 2901 & 2801 SW 149th Ave MARKET: Miramar ASSET TYPE: Office BUYER: Moshe Popack (@MoshePopack) & Yaffa Popack - YMP Real Estate Management SELLER: Barry Sternlicht (@Fourseasonsresortresidences) - Starwood Capital Group LENDER: Bb Americas Bank (@BB.Americas) SALE PRICE: $45,000,000 SF: 373,200 ~ PPSF: $121 NOTE: Starwood Capital Group sold a Miramar office portfolio for $45 million, marking a 45 percent discount from its purchase nine years ago. YMP Real Estate Management bought a majority stake in the 373,200-square-foot portfolio, with Nathan Pollack purchasing the remaining interest, securing a $31 million loan from Banco do Brasil Americas. The portfolio, previously purchased by Starwood for $82 million in 2015, reflects challenges in the commercial real estate market amidst rising vacancies and sublease availability, despite South Florida's appeal to out-of-state businesses. #Miami #RealEstate #tradedmia #MIA #Miramar #Office #BarrySternlicht #StarwoodCapitalGroup #MoshePopack #YaffaPopack #YMPRealEstateManagement

LEASE IMAGE: Jacqueline Oliva & David Hunt Solomon DATE: 04/16/2024 ADDRESS: 601 Brickell Key Drive #510 MARKET: Miami ASSET TYPE: Office TENANT’S REP: David Hunt Solomon (@DavidHuntSolomon) & Jacqueline Oliva (@Jacqueline.RealEstate) - Berkshire Hathaway HomeServices (@BHHSRealEstate) RENT: $90/ft. ~ SF: 3,968 LEASE TERM: 3 years #Miami #RealEstate #tradedmia #MIA #TradedPartner #Office #DavidHuntSolomon #JacquelineOliva #BerkshireHathawayHomeServices #brickell #Brickellkey #luxurylease #fintech #internationalbusiness #dhs #justleased #commerciallease

LOAN IMAGE: Jovi Rodriguez & Melissa Rose DATE: 04/17/2024 ADDRESS: 9500-9901 Satellite Boulevard MARKET: Orlando ASSET TYPE: Industrial ~ SF: 256,838 LANDLORD: Harbert Management Corporation BROKERS: Melissa Rose (@MRose2110) & Jovi Rodriguez (@JoviRodriguez) - JLL (@JLL) LOAN AMOUNT: $26,150,000 LOAN TYPE: Acquisition Loan LOAN TERMS: 5 year term, 3 years interest only, $3.15M in future funding #Miami #RealEstate #tradedmia #MIA #TradedPartner #Orlando #Industrial #HarbertManagementCorporation #MelissaRose #JoviRodriguez #JLL

LEASE IMAGE: David Sinopoli, Linn Ahsberg, Coloma Kaboomsky, Shai Ben Ami & Davide Danese DATE: 04/01/2024 ADDRESS: 151 Southeast 1st Street MARKET: Miami ASSET TYPE: Office LANDLORD: Shai Ben Ami - Clearspaces Florida LP TENANT: David Sinopoli, Davide Danese & Coloma Kaboomsky - Space Invaders (@SpaceMiami) BROKERS: Shai Ben Ami (@ShaimBenAmi) & Linn Ahsberg (@LinnAhsberg) - Urban Core ASKING RENT: $55/ft. ~ SF: 7,822 #Miami #RealEstate #tradedmia #MIA #TradedPartner #Office #DavidSinopoli #DavideDanese #ColomaKaboomsky #SpaceInvaders #ClearspacesFloridaLP #ShaiBenAmi #UrbanCore #LinnAhsberg