Thursday, April 9, 2009

CREC Named Broker for Five Florida Parcels


Land Suitable for Commercial, Residential Projects

CORAL GABLES, FL– CREC (Continental Real Estate Companies), Florida’s largest full-service commercial real estate company, has been engaged as broker for four land parcels in South Florida and one in Cape Coral with a total value of $29.75 million.

Cape Coral, Florida
· 30-acre commercial site
· $15 million
· Notes: Located in an emerging residential market with high visibility, well suited for big-box retail or mixed-use development
· Listing agent: Charles Anderson and Bob Robinson

Davie, Florida
· 6.25-acre commercial site
· $4.25 million
· Notes: Zoned for a variety of commercial uses and situated on a major commercial artery adjacent to a new Publix shopping center just west of the Florida Turnpike and just a quarter-mile south of the Seminole Hard Rock Hotel & Casino

· Listing agent: Harry Blyden (top right photo)

Plantation, Florida
· 4.25-acre commercial site
· $2.5 million
· Notes: Located on Sunrise Blvd between the Florida Turnpike and U.S. 441, the land’s hybrid commercial zoning permits retail, office or multifamily residential uses.

· Listing agent: Liran Friedman

Miami, Florida
· 2.83-acre multi-family site
· $4.8 million
· Notes: Located in the densely populated Allapattah neighborhood; zoned for high density residential and is an excellent affordable housing/tax credit development opportunity

· Listing agent: Charles Anderson and Harry Blyden

Miami, Florida
· 1.49-acre multi-family site
· $3.2 million
· Notes: Located in the densely populated Little Havana neighborhood the site is an excellent affordable housing/tax credit development opportunity.
· Listing agent: Charles Anderson and Harry Blyden

Miami Contact:
Harry Blyden, Senior Vice President, is part of CREC’s brokerage team focusing in the area of investment and property sales. Working with CREC’s multidisciplinary team of specialists. Mr. Blyden and the rest of CREC’s brokerage team provides brokerage services to private individuals, corporations, institutions as well as providing exit strategies for distressed assets for the special asset and REO departments of financial institutions, receivers and trustees.

CREC:
Founded in 1989 by Chairman Warren P. Weiser and President Carol G. Brooks, CREC today is one of Florida’s largest commercial firms, managing a portfolio of more than 80 office and retail properties totaling 11 million square feet. For more information, visit www.crec.com.

With offices in Miami, Orlando and Jacksonville, CREC provides fully integrated real estate services, including management and leasing, workout solutions, acquisition/ disposition strategies, debt/equity financing, brokerage, tenant representation, property management and construction management.


Contact: Lisa Rosario Continental Real Estate Companies "CREC" 2121 Ponce de Leon Blvd, Suite 1250 Coral Gables, Florida 33134 305-854-7342

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