Media Coverage
New York Investment Firm Sells 53 Fort Pierce Townhomes to Public Traded Company in an off market deal
Local real estate investor Ben Mallah has acquired a Temple Terrace hotel for $9.485 million. The hotel, located at 6800 Woodstork Drive, is near the University of South Florida and is directly across the street from Lettuce Lake Park. Miami-based GLT Group Brokerage arranged the off-market all-cash transaction for TownePlace Suites Tampa North/I-75 Fletcher. TownePlace Suites is a Marriott brand.
Local real estate investor acquires Temple Terrace hotel, plans extensive renovation
Local real estate investor Ben Mallah has acquired a Temple Terrace hotel for $9.485 million. The hotel, located at 6800 Woodstork Drive, is near the University of South Florida and is directly across the street from Lettuce Lake Park. Miami-based GLT Group Brokerage arranged the off-market all-cash transaction for TownePlace Suites Tampa North/I-75 Fletcher. TownePlace Suites is a Marriott brand.
Invitation Homes Acquires Multifamily In Fort Pierce From Axonic Properties For $12.5M
The multifamily property located at 125 Carol Susan Ln in Fort Pierce was sold for $12,500,000. The property consists of 53 units with a price per unit of $235,849. It spans 70,755 square feet, equating to a price per square foot of $177.
Miami investors to convert Pinellas County hotels to apartments
Miami-based GLT Group Brokerage arranged the sale of the two hotels in an off-market transaction for $20.50 million. Sean Shahar Ziv of GLT Group Brokerage represented both sellers and procured the buyer.
Miami-Based GLT Group Brokerage Arranged the Sale of Marriott Residence Inn & TownePlace St Petersburg Clearwater
The 88-suite Residence Inn & the 95-suite TownePlace are located at St Petersburg Clearwater Florida, part of Tampa Bay metro one of the strongest housing market in the nation, were sold in an off-market transaction for $20,500,000. Sean Shahar Ziv of GLT Group Brokerage represented both sellers and procured the buyer.
Miami Based GLT Group Brokerage Arranged the Sale of 47 Townhomes in an Off Market Transaction Located at Fort Pierce Florida
The 47 townhomes including 30 development pads were sold in an
off market deal for $7M. Sean Shahar A. Ziv of GLT Group Brokerage represented the seller, a Canadian development
company and procured the buyer, New York based Axonic Properties.
Ruskin waterfront resort to be transformed into apartments
ESG Kullen paid $22 million for the 154-unit Harborside Suites. GLT’s Sean Shahar A. Ziv represented the seller, California-based Carter Hospitality Group, in the off-market transaction.
Alto Real Estate buys Lincoln Road retail building for $19M (TheRealDeal.com)
Gombinski Properties sold the property at 900-904 Lincoln Road in Miami Beach to Alto Real Estate, which offers several funds to investors, according to deal broker Ran Ziv.
Lincoln Road retail building sells for $19M
Business is picking up on Lincoln Road in Miami Beach, as evidenced by the $18.9 million sale of a retail building along the famous strip.
GLT Group Brokerage Arranges $7 Million Sale of Winn-Dixie Shopping Center in Tarpon Springs, FL
GLT Group Brokerage announced the sale of Meres Town Shopping Center in an off market transaction. The 47,183- square foot grocery anchored shopping center property located in Tarpon Springs Pinellas County, Fla.
Tampa Shopping Center Trades for $10M
Miami-based CF Properties Corp. has sold Holiday Centre, a 67,147-square-foot Publix-anchored shopping center in Holiday, Fla., in a 1031 exchange. A private individual paid $9.7 million for the retail asset that was fully leased at the time of sale. GLT Group Brokerage represented the seller and procured the buyer in the off-market transaction.
Miami Based GLT Group Brokerage Arranges $7.55 Million Sale of Former Hampton Inn Hotel in Clearwater, FL
Former Hampton Inn located in Clearwater Central on US Highway 19 was sold in an off market deal for $7.55M. The price equates to roughly $42,415 per key.
Tampa rental complex commands $46,645 per unit
A Miami Beach-based brokerage arranged the sale of a 319-unit apartment complex in Tampa for $46,645 per unit.
GLT Group Brokerage represented the out-of-state seller and procured the buyer of the rental property, called Jasmine Terrace Apartments, which sold for $14.88 million.
GLT Group Brokerage Arranged the Sale of Radisson Jacksonville Butler Boulevard in Jacksonville, FL for $6.5M
Radisson Jacksonville Butler Boulevard on Salisbury Road was sold for $6.5M. The price equates to $38,922 per room.
Miami Beach firm brokers $23M Orlando hotel sale
Miami Beach-based GLT Group Brokerage announced the sale of a hotel near Universal Studios in Orlando for $23 million.
GLT Group Brokerage Arranges sale of Midway Plaza in Largo, FL
GLT Group Brokerage announced the sale of Midway Plaza, a 75,096 – square foot shopping center property located in Largo, Fla.
EverBank Center sold for $47.4 million
A Miami-based developer has bought the EverBank Center in Downtown Jacksonville for $47.4 million, according to records filed with Duval County. Amkin West Bay LLC bought the Bay Street building and a nearby garage on West Forsyth Street from El-Ad Florida LLC. The deal was brokered by Sean Shahar Ziv of the GLT Group LLC, also based in Miami.
The Guest Suites Hotel in Boca Raton Sold in Bankruptcy Auction for $9.25M
The Guest Suites hotel in Boca Raton sold for $9.25 million in a court-ordered bankruptcy auction. The winning bidder was Boca Hotel Suites.
Walgreens Drugstore on Collins Avenue Sold for $30 Million
Marcus & Millichap Real Estate Investment Services arranged the sale of a 22,857-square foot Walgreens drugstore on Collins Avenue in Miami Beach.
Walgreens Sells for Record $27.9M
Virginia-based Harbor Group Management acquired the 16,016-square-foot Walgreens at 3025 S. Las Vegas Blvd. in Las Vegas, NV for approximately
$27.86 million, or about $1,700 per square foot.
Marcus & Millichap Sells 2,253 Units
Florida & Texas—Marcus & Millichap Real Estate Investment Services has arranged the sale of a nine-property, 2,253-unit portfolio located in various parts of Florida and Texas. The sales price was $70.9 million.
Multifamily Near Florida Gulf Coast University Sells
FORT MYERS, Fla. — A private investor from Tampa has purchased The Brittany Apartments, a 320-unit multifamily tax credit property near Florida Gulf Coast University in Fort Myers, for $10.35 million.$27.86 million, or about $1,700 per square foot.
Prime Real Estate Sells in Cash Deal for $17.6 Million
745 Collins Owner LLC acquired the Victoria’s Secret retail store at 745
Collins Ave. in Miami Beach, FL from Matacumbe Enterprises LTD for
$17.65 million, or about $1,331 per square foot.