National Real Estate Investor

Miami-Dade College purchased the 14-story InterAmerican Plaza from Shavuot Realty, Ltd. for $ 25 million, or about $ 142 per square foot. Located at 701 SW 27th Ave. in Miami’s Little Havana, the 175,000-square-foot office building was constructed in 1974 and most recently renov

Big Foot Entertainment, Inc. acquired the flex building at 2939 N. Powerline Rd. in Pompano Beach, FL from Alpert LP for $ 2,769,075, or about $ 50 per square foot. The Piazza Building was bought in a short sale as an investment with only 50 percent occupancy at the time it closed. Th

In a deal valued at close to $ 820 million, the California State Teachers’ Retirement System (CalSTRS) has acquired a 90% interest in LCOR, a real estate investment, management and development company, in combination with an extensive real estate portfolio, from LCOR’s pre

Archstone New Development Holdings acquired the 5.78-acre Archstone Palmetto Promenade site in Boca Raton, Florida from Fifth Third Bank for $ 20.125 million, or about $ 3.5 million per acre. The 18-parcel site fronts E. Palmetto Park Road and spans NE 3rd and 4th Avenues. The site wa

National Real Estate Investor

CNL’s acquisition of a seniors housing portfolio leads this month’s roundup. National Real Estate Investor

National Real Estate Investor

The Hampshire Companies, a full-service real estate investment firm with equity topping $ 2.5 billion, has acquired six 11,200-square-foot, free-standing CVS/pharmacy stores totaling 67,500 square feet across Florida for $ 19 million, averaging $ 262 per square foot, from The Sembler

UDR/MetLife II UDR, Inc., a leading multifamily real estate investment trust, formed a new real estate joint venture with MetLife, known as UDR/MetLife II, with each party owning a 50-percent interest in a $ 1.3 billion portfolio of 12 multifamily communities totaling 2,528 apartment