Trammell Crow Named Master Developer For Commerce Park

Trammell Crow Co. has been granted a five-year exclusive option agreement to serve as the master developer for the City of Lauderdale Lakes’ 22-acre Commerce Park Project. The Community Redevelopment Agency selected TCC from a list of several other candidates and voted unanimous
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IMC Pays $4.4M for Lincoln Park West

IMC Property Management & Maintenance acquired the Lincoln Park West shopping center from Infinity Real Estate Investments for $ 4,394,500, or about $ 30 per square foot. Lincoln Park West is located at 7738-7853 NW 44th St. in Sunrise, FL, and totals 147,255 square feet of multi
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Construction Complete on Historic Castle Park Apartments

National Real Estate Investor
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Liberty Investments Secures Finanicing for Colonial Acres Mobile Park

Aztec Group secured $ 9.15 million in senior debt financing for Colonial Acres Mobile Home Park in Miami, FL. Senior managing director Howard Taft and director Charles Penan of Aztec Group, Inc. arranged the financing for the owner. Located at 9674 NW 10th Ave. in Miami, Florida, Colo
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Stirling Industrial Park Sells for $10M

Tigertail of Hollywood LLC acquired Stirling Industrial Park, the retail, flex and industrial park at 2832 – 2858 Stirling Road in Hollywood, Florida from Stirling Industrial Park LLP. The purchase price was $ 10 million, or about $ 102 per square foot, in an all-cash transactio
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Digital Realty Trust Pays $123M for Dallas Office Park

Digital Realty Trust Inc. (NYSE: DLR) picked up 819,000 square feet at an operating data center and office campus in Lewisville, TX, for $ 123 million or $ 129 per square foot. Brookfield Real Estate Opportunity Fund I sold Convergence Office Center, which is about 40 minutes north of
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TPG/CalSTRS Sells 806,004-SF Office Park in Houston

TPG/CalSTRS LLC, an affiliate of Thomas Properties Group (NASDAQ: TPGI), concluded its sale of Brookhollow Central, an 806,004-square-foot, three-building property in Houston, TX. Parmenter Realty Partners, a Miami, FL-based commercial real estate company, acquired the assets for $ 71
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Liberty Property Acquires 126 Acres for Tradeport Industrial Park

Liberty Property Trust (NYSE: LRY) has acquired 126 acres fronting Florida’s Turnpike south of Okeechobee Road for the development of Miami International Tradeport (MIT), a $ 135 million industrial park. The $ 17.25 million deal for 126 acres is one of the largest South Florida indust
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Hines to Build 28-Story Office Tower at NYC’s Bryant Park

Hines and partner Pacolet Milliken Enterprises, Inc. will develop a 28-story office tower totaling 450,000 square feet at 1045 Avenue of the Americas overlooking Bryant Park in Manhattan. The multi-tenant tower will be built on a key parcel that Pacolet Milliken has owned since 1954 w
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