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Key International and 13th Floor Investments Acquire Vacant Site for New Mixed-Use Development in Coral Springs, Florida

Key International and 13th Floor Investments Acquire Vacant Site for New Mixed-Use Development in Coral Springs, Florida
rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.

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Elion Partners Pays $15M for Pompano Beach Warehouse

Elion Partners Pays $15M for Pompano Beach Warehouse
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

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Fort Lauderdale Retail Building Sells for $7M

Castro Properties, whose partners include a former NY Parks commissioner, sold a Fort Lauderdale retail building for $7 million. ....

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Seagis Property Group Buys Medley Warehouse for $8M

Seagis Property Group bought a Medley warehouse with cold storage space for $7.9 million.
The Conshohocken, Pennsylvania-based logistic real estate investor bought the vacant building at 12800 Northwest 113th Court from Land Quest Enterprises, according to the brokers for the deal.
Jose Sasson and Roberto Susi of Axiom Capital Advisors represented Seagis in the off-market purchase.
Naples-based Port Hope Pass bought the 22,000-square-foot facility in 2005 for $2.9 million and transferred it to Land Quest Enterprises the following year, records show. Miami-Dade County-based Land Quest is led by Nora and Nelson Cruz.
The building was built in 2000 on 3.9 acres, according to records.
Seagis is marketing the warehouse for lease, Susi said. About half of the space is cold storage. ....

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Kawa Completes Ground Lease Acquisition of Florida Property

Press release content from Business Wire. The AP news staff was not involved in its creation.
Kawa Completes Ground Lease Acquisition of Florida Property
February 4, 2021 GMT
MIAMI (BUSINESS WIRE) Feb 4, 2021
Kawa, an investment manager with $1.6 billion in assets under management, has acquired the ground lease of a seven-story, 434-room hotel on over 16 acres outside of Orlando. Kawa closed the ground lease transaction with an affiliate of AD1 Global. Jose Sasson-Lerner & Roberto Susi of Axiom Capital Advisors served as brokers for the transaction. Further financial details were not disclosed.
“Kawa’s approach finds value in truly differentiated assets,” said Daniel Ades, Kawa’s Managing Partner and Chief Investment Officer. “Our substantial experience originating ground leases through a variety of structures has driven our continued growth in the strategy.” ....

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