According to NAI Global, institutional investors are putting everything on hold to see how interest rates shake out leaving those who were “boxed out” opportunities to buy in what has been one of the most competitive environments for industrial property sales in history. CLICK ON THE HEADLINE FOR MORE
Demand for industrial space in South Florida is presently outpacing supply which is resulting in significant growth in rental rates and record-low vacancies. Rising interest rates will eventually make it harder for builders to construct new industrial buildings but that's not likely to occur until the spring or summer of next year. CLICK ON THE HEADLINE FOR MORE
There seems to be a virtually unlimited need for warehousing and logistics. What happens when there’s not enough land to build on? CLICK ON THE HEADLINE FOR MORE
MSP Capital Investments, a Dallas-based real estate private equity firm, acquired Pelican Bays at 4900-4990 Southwest 52nd Street in Davie. In addition to representing the buyer, Levy Realty Advisors was also tapped to manage and lease the office/warehouse complex. CLICK ON THE HEADLINE FOR MORE
Representing the sellers in a combined $16 million transaction, industry veterans Judith (Judy) A. Dolan, Sr. VP with Levy Realty Advisors, LLC, and Stephen Hyatt, Sr. VP with Berger Commercial Realty, joined forces to sell two adjoining properties in Fort Lauderdale—an off-market, 14-unit, ±9,868-square-foot apartment building with 4 boat slips and a 10-unit cooperative situated on a ±16,500-square-foot lot with 2 boat slips CLICK ON THE HEADLINE FOR MORE
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