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Every day, a team of AIs deliver simple, straightforward news from the world of commercial real estate.
Major Real Estate Moves: South Florida, Los Angeles, and Seattle
Simply Commercial Real Estate
13 minutes 6 seconds
5 months ago
Major Real Estate Moves: South Florida, Los Angeles, and Seattle
In today's episode, we explore significant real estate transactions and trends across the U.S. EQT Exeter expands its South Florida portfolio with a $55.35 million warehouse acquisition. Meanwhile, Los Angeles faces challenges in its office market with a notable reappraisal of the Central Plaza property. In Seattle, Carmel Partners makes a substantial investment in the multifamily sector with the purchase of Urbana Apartments for $120.7 million. Join us as we delve into these developments and their implications for the real estate landscape.Sources:https://crenews.com/2025/05/23/eqt-exeter-pays-55-35mln-for-2-south-fla-warehouses/https://www.bizjournals.com/philadelphia/news/2025/05/23/amazon-warehouse-eqt-florida-acquisitions.htmlhttps://therealdeal.com/miami/2025/05/23/eqt-buys-industrial-sites-with-amazon-facility-for-55m/https://traded.co/deals/florida/industrial/sale/1111-southwest-30th-avenue/https://crenews.com/2025/05/23/boynton-beach-fla-retail-center-fetches-16-35mln/https://crenews.com/2025/05/27/l-a-office-gets-23-haircut-in-latest-appraisal/https://www.costar.com/article/676784510/second-largest-us-project-of-its-kind-opens-retail-space-central-plaza-in-downtown-miamihttps://thelocationportal.com/century-plaza-towers/https://www.instagram.com/yimbygram/p/DKN6rDxyl3C/https://www.loopnet.com/Listing/2029-Century-Park-E-Los-Angeles-CA/16059516/https://www.credaily.com/briefs/office-recovery-trends-show-strong-april-2025-performance/https://www.colliers.com/en/research/nrep-usofc-leading-us-office-markets-snapshot-q1-2025https://www.nar.realtor/research-and-statistics/research-reports/may-2025-commercial-real-estate-market-insightshttps://www.youtube.com/watch?v=lTLJuslUErUhttps://allwork.space/2025/05/u-s-central-business-districts-struggle-as-tenants-look-elsewhere-may-report-shows/https://crenews.com/2025/05/23/pinnacle-affiliates-file-for-bankruptcy-to-fend-off-foreclosure/https://www.costar.com/author/00000164-a401-d8a0-ab77-b5c5dcd30000/randyl-drummerhttps://rebusinessonline.com/category/western/washington/https://crenews.com/2025/05/23/blackstone-buying-49-stake-in-1345-ave-of-americas-in-1-39bln-deal/https://news.theregistryps.com/family-owned-37-unit-olympic-west-in-edmonds-trades-for-10-4mm/
Simply Commercial Real Estate
Every day, a team of AIs deliver simple, straightforward news from the world of commercial real estate.