Commercial real estate services firm Northmarq now has a Florida outpost in Miami’s Brickell.
Minneapolis, Minnesota-based Northmarq opened this summer in a 2,800-square-foot office at 1111 Brickell Avenue, according to a company news release and the tenant’s broker.
Marc Fechter, now of Colliers, worked on the deal while he was with Savills, along with the brokerage’s Gabe Marans.
Led by Jeffrey Weidell, Northmarq closes roughly $39 billion in deals annually and has a loan servicing portfolio topping $76 billion, according to its website.
Parkway Properties and KKR own the 30-story 1111 Brickell building. The pair paid $248.5 million for the property in 2018, records show.
Presidente Supermarkets | Lake Worth Beach
Hispanic-owned grocer Presidente Supermarkets opened in Lake Worth Beach.
Presidente leased 44,000 square feet at 2502 North Dixie Highway, according to a news release from the grocer.
The outpost marks the third Presidente to open this year in Florida. The other stores are at 6301 County Line Road in Miramar, and at 695 South Semoran Boulevard in Orlando, the release says.
Records show the Lake Worth Beach space is owned by an entity led by Peter J. Schweitzer & Associates.
The All Well Company | Hollywood
The All Well Company, a skincare products firm, leased industrial and office space in Hollywood.
Led by Boris Zion, The All Well Company took 11,600 square feet of flex space on two floors at 1213 South 30th Avenue, according to broker Michael Foxwell Jr. of Easton & Associates. The firm, which is a holding company for various personal wellness products, will open a production, laboratory and office space early next year.
Brett Overman Development, led by Brett Overman, owns the property, records show.
Hajoca Corporation | Doral
Hajoca Corporation kept its Doral industrial facility.
The company renewed its 40,000-square-foot lease at 8034-8030 and 8050-8054 Northwest 14th Street, according to a news release from the tenant’s broker. Hajoca is a wholesale distributor of industrial supplies for plumbing, heating and cooling and pools.
Andrew Easton of Easton & Associates represented the tenant.
An entity tied to Blackstone and its industrial subsidiary, Link Logistics, owns the property, according to records. JLL represented the landlord.
Read more
Lease roundup: Nora District in downtown West Palm scores first tenants
Lease roundup: Industrious opens at Seritage’s Esplanade at Aventura
Lease roundup: Greenberg Traurig renews in Miami, Amerant opening Broward regional HQ
The post Lease roundup: Northmarq opens Brickell office, Presidente sets up in Lake Worth Beach appeared first on The Real Deal.
Commercial real estate services firm Northmarq now has a Florida outpost in Miami’s Brickell. Minneapolis, Minnesota-based Northmarq opened this summer in a 2,800-square-foot office at 1111 Brickell Avenue, according to a company news release and the tenant’s broker. Marc Fechter, now of Colliers, worked on the deal while he was with Savills, along with the
The post Lease roundup: Northmarq opens Brickell office, Presidente sets up in Lake Worth Beach appeared first on The Real Deal. Uncategorized, Brickell, Broward County, Doral, Hollywood, Industrial, Lake Worth Beach, Leases, Miami-Dade County grocery stores, Palm Beach County, South Florida Industrial Market, South Florida Office Market The Real Deal
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
