On the Market: 5 Interesting CRE Listings for the Week of 4/29
- Apr 29, 2016
On the Market is a new department curating the week’s most interesting for-sale CRE assets. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Mallory Bulman, Associate Editor.
The Lakes at Deerfield
Location: Deerfield Beach, Fla.
Year Built: 1995
Avg. unit size: 975 SF
Highlights: The current owner has renovated 82 units with new appliances, vinyl flooring, kitchen countertops, cabinet doors and hardware; residents have immediate access to shopping, dining and entertainment in area; employment in the metro area is projected to increase by 3.0 percent in 2016.
Contact: Avery Klann, ARA Newmark, 561-988-8800 x114
The Kirby Residences on Main
Location: Dallas, Texas
Year Built: 1913
Last Renovated: 2014-2015
Size: 132,563 SF
Highlights: One of the first US skyscrapers to designed in Commercial Gothic style; included on National Register of Historic Places and registered as a Texas and Dallas City landmark; location has Walk Score of 96; close proximity to a DART light rail station; offered un-priced/on an “as-is, where-is basis.”
Contact: Eric Calub, Moran & Company, 972-764-8492
Main Street Lofts at Verrado
Location: Buckeye, Ariz.
Avg. Unit Size: 993 SF
Highlights: Gated building entrances, elevators, covered parking, garages, mountain views; community amenities include swimming pools, a fitness center and a splash pad play area for children; unit amenities include lofts, oversized closets, fully-equipped kitchens with recently upgraded appliances, full size washer/dryer units, private balconies; walking distance from Verrado Golf Club, restaurants, shopping, entertainment and hiking and biking trails; on-site management.
Contact: David Fogler, Cushman & Wakefield, 602-224-4443
459 Massachusetts Avenue NW
Location: Washington, DC
Year Built: 1887
Lot Size: 1,827 SF
Gross SF: 5,700 SF
Highlights: Located in popular Mount Vernon Triangle neighborhood; located within walking distance to the Convention Center, Gallery Place/Verizon Center and the US Capitol; amenities within a ten minute walk include Safeway and Giant grocers; a Vida Fitness gym; and dozens of restaurant and bar options.
Contact: Andrew McAllister, Mac Realty Advisors, 202-296-0007
Park Plaza Apartments
Location: Miami, Fla.
Year Built: 1972
Rentable Area: 172,350 SF
Avg. Unit Size: 737 SF
Highlights: Current owner renovated 8 units with a new appliance package, upgraded flooring, cabinets and vanities, and resurfaced countertops; close proximity to Florida’s Turnpike and Interstate 95.
Contact: Hampton Beebe, ARA Newmark, 561-988-8800 ext. 115