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Real Estate Rumors: MASA Global, Ares, Phoenix Realty

By Andrew McIntyre (November 30, 2018, 5:49 PM EST) -- Air transportation firm MASA Global has picked up an office building in Plantation, Florida, for $12.85 million, the South Florida Business Journal reported on Friday. The deal is for 1250 S. Pine Island Road, which has 61,362 square feet, and the seller is Cornerstone Condominium Investors, the journal said. MASA Global landed $10.5 million in financing from Valley National Bank for the purchase, according to the report....

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