Miami-based luxury real estate development firm CMC Group has secured a $69.9 million loan from City National Bank of Florida (CNB) for the refinancing of 4000 Ponce / The Collection, a nine-story Class-A mixed use office and retail development in the heart of Miami’s elite Coral Gables neighborhood.
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Gunther Werks Set To Open First East Coast Showroom In Partnership With Prestige Imports
Renowned as a restorer of remastered custom icons inspired by the Porsche 993 generation of the 911 from twenty-five years ago, Gunther Werks is set to open the company’s first East Coast showroom in partnership with Prestige Imports. One of the global epicenters of exotic car collecting in the South Florida car market, the new Prestige Imports showroom news comes as Gunther Werks continues offering limited-edition restored and remastered Porsche 911 across the world.
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Pagani of Miami Reveals New Showroom at Prestige Imports in North Miami Beach
Pagani of Miami has unveiled the newest Pagani showroom in the North American marketplace located on the hyper-car mega-dealer Prestige Imports campus in North Miami Beach. Designed to serve as an extension of the Pagani brand’s Atelier in San Cesario sul Panaro, Italy, the new showroom was made possible through a continued partnership with Prestige Imports, led by CEO Brett David.
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We Florida Financial Sells Fort Lauderdale Site to AutoNation for $11.8 Million
AutoNation has acquired a Fort Lauderdale site from We Florida Financial for $11.8 million. The 71,307 square foot property features prominent frontage on South Federal Highway in the heart of Fort Lauderdale. The property is located on 1300 S. Federal Highway plus 617 and 705 N.E. 14th St with maximum exposure to passing traffic.
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Prestige Imports CEO Brett David Closes On Biscayne Boulevard Site Expanding Prestige Campus In North Miami
Brett David, CEO of Prestige Imports, has acquired 15090 Biscayne Blvd in North Miami for $4,698,000. Formerly the Arch Creek Animal Clinic, the 24,102 SF property will be redeveloped and utilized to complete Prestige Imports’ nearly 10-acre campus on Biscayne Blvd in North Miami. Prestige Imports is one of North America’s leading factory authorized Lamborghini dealerships.
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Automotive Management Services Acquires Jaguar Fort Lauderdale Property For $11.8 Million
An entity tied to the West Palm beach-based Automotive Management Services has acquired the Jaguar Fort Lauderdale property for $11.8 million from the Fort Lauderdale-based AutoNation (NYSE: AN). The transaction was overseen by Chase Deuschle of CBRE.
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The Collection Breaks Ground On Jaguar Land Rover Dealership Expansion In Coral Gables
Ugo Colombo and Ken Gorin are expanding THE COLLECTION with the addition of a new Jaguar Land Rover dealership at the intersection of U.S. 1 and Ponce de Leon Blvd. in Coral Gables. The luxury car dealership broke ground on the new building after locking down a $64.5 million construction loan.
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