Denholtz sold off a pair of single-story office buildings in Deerfield Corporate Park in Deerfield Beach for $34.5 million. A 70,512-square-foot office at 602 S. Military Trail and another 76,905-square-foot office at 776 S. Military Trail were purchased by Aptos Management.
Cushman & Wakefield’s Scott O’Donnell, Greg Miller, Mike Ciadella and Miguel Alcivar represented the seller in the deal. The S. Florida Business Journal reports the two buildings are 88% leased to 26 tenants. They were renovated in 2017.
The buildings last sold for $27.65 million in 2019. They were built in 1985 and 1986.
The building at 602 S. Military Trail is situated on six acres. The other building covers 6.9 acres.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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