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Fortress execs Wesley Edens and Peter Briger with Sonata at 4175 West Sample Road (Getty, Sonata, Google Maps)
Fortress Investment Group bought the Sonata assisted living facility in Coconut Creek for $11.9 million.
The New York-based global investment manager bought the 94-unit, three-building property at 4175 West Sample Road from Denver-based Healthpeak Properties, according to a deed.
Healthpeak, a real estate investment trust led by Thomas Herzog, bought Sonata in 2007 from Orlando-based CNL Financial Group, records show. The price is unknown because a deed was not recorded.
Sonata was built in 1999 on 6.6 acres, according to property records.
It’s an assisted living and memory care center with 24-hour on-site nurses, according to its website. Amenities include a hair salon, spa, art studio, library, theater and game room.
CenterPoint Properties Trust continued its buying spree at a Hialeah business park.
The Oakbrook, Illinois-based industrial real estate developer and manager paid $184.4 million for two warehouses and land at and near 4040 West 108th Street, inside Countyline Corporate Park, according to records.
The seller is an affiliate of Florida East Coast Industries, or FECI, the Coral Gables-based parent of train service Brightline; Flagler Global Logistics, a logistics company; and Flagler, a commercial real estate company. FECI is part of Fortress Investment Group, which is owned by Japan’s SoftBank Group.
In a release, CenterPoint said the deal completes the second half of a four-building purchase of more than 1 million square feet of leased industrial space. It is the company’s third deal with Flagler Global Logistics in less than a year.
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Here are South Florida’s largest industrial sales of 2020
Blackstone’s multi-county portfolio purchase marked the largest sale Miami / Share via Shortlink
Blackstone paid $94 million to acquire an industrial portfolio, which includes 16100 Northwest 49 Avenue and 16200 Northwest 49 Avenue, Miami Gardens (Google Maps)
A strong performance in the South Florida industrial sector during Covid-19 didn’t fully translate to new milestones in the market’s top sales.
The largest industrial sale of 2020, of $94 million, still fell below the biggest deals of 2019 and 2018, of $178 million and $180 million, respectively, according to an analysis by