Real Estate News From Around Florida

Below are some recent and notable developments in the world of South Florida real estate, as reported in the Sun-Sentinel’s weekly news and notes…

• As the Florida condominium craze continues, Florida Shores Development Inc., a Fort Lauderdale-based corporation, has announced plans to break ground in January on Summit Eighty Four, a 62-unit office condominium project on State Highway 84 in Fort Lauderdale.

• The Hallandale Beach-based developer BRI 1808 LLC has purchased Atrium West, a 92,000-square-foot office building at 7771 W. Oakland Park Blvd. in Sunrise, Fla., from ACP Office I LLC for $7.8 million. Trammell Crow Co. represented the seller.

• The Campins Company, a Miami Beach boutique real estate firm, has been named the exclusive listing agent for The Sanctuary, a 30-unit hotel / condominium project located at 1745 James Avenue in Miami Beach.

• The 300,000-square-foot industrial building at 3505 NW 107th Avenue in Miami, which is owned by ING Clarion Partners, will be managed by Grubb & Ellis Co.

• Another Miami Beach developer, The Saglo Development Corporation, has received $16.5 million in financing to refinance its mortgage on Country Walk Plaza. The shopping center can be found at Southwest 152nd Street and Southwest 137th Avenue in Miami, and is Publix-anchored. The Miami office of Holliday Fenoglio Fowler, LP, arranged the refinancing of the loan, which was provided by Principal Global Investors and American Realty Advisors.

• Alex Perez joined Hudson Capital of Miami Beach as a sales manager for Aventine at Miramar, an 848-unit condominium conversion. Tamika Sands was hired as a sales associate by the West Palm Beach Central office of Coldwell Banker Residential Real Estate. Robert Given has been promoted to Senior Vice President of CB Richard Ellis, Inc., in Miami.