Category: Top Stories

Miami Commercial Real Estate News April 10, 2019: ZOM Buys to Develop at Miami Worldcenter; Considering Climate Risk; Developer Faces New Charges; More…

Apr 10, 2019 - Top Stories - 0 Comments - Standard

ZOM Living, Moinian Group Purchase Land to Develop 43-Story Apartment Tower in Miami Worldcenter ZOM Living and The Moinian Group have partnered to purchase the land necessary to develop Luma, a 43-story, 434-unit apartment community within downtown Miami’s Miami Worldcenter project. The joint venture plans to break ground in the coming weeks. Luma will offer […]

Miami Commercial Real Estate News April 3, 2019; Apartments, Hotel Rooms Coming to Blue Lagoon; Wennett’s Big Allapattah Project Gets First Commission Approval; More…

Apr 03, 2019 - Top Stories - 0 Comments - Standard

Miami’s Blue Lagoon Has 888 Apartments, 294 Hotel Rooms Coming The turquoise Blue Lagoon swimming hole in Jamaica is stunningly picturesque. Miami’s Blue Lagoon, just south of the international airport, is, uh, slightly less so, surrounded by boxy office buildings and efficient business hotels. That’s changing, though, as Miami last week approved a plan for […]

View of downtown Miami from Key Biscayne Bridge

Miami Commercial Real Estate News March 27, 2019: Judge Upholds MLS Stadium Referendum; Hotel Rooms May Double; More…

Mar 27, 2019 - Top Stories - 0 Comments - Standard

Tommy Hilfiger to close stores in NY, Miami Beach Another Fifth Avenue fashion titan has announced it will shutter its flagship on the famed shopping strip, serving a reminder of the decline of brick-and-mortar retail. Tommy Hilfiger will close its 22,000-square-foot store at 681 Fifth Avenue, according to Women’s Wear Daily. The company will also reportedly […]

Miami Commercial Real Estate News March 20, 2019: Wawa Opening First Three Miami-Dade Stores; Green Light for North Miami Mixed Use Project; More…

Mar 20, 2019 - Top Stories - 0 Comments - Standard

Miami Developer Charged in Bribery Case Wants to Funnel Magic City Money to His Kids Too This past Tuesday, Miami developer Robert Zangrillo was charged with crimes as part of a national FBI investigation into rich Americans who bribe colleges into admitting their spoiled, underperforming kids. Zangrillo allegedly paid an intermediary to make it appear […]

Miami Commercial Real Estate News March 13, 2019: Magic City Innovation District Investor Indicted; Kushner Launching $550 Mil Project in Edgewater; More…

Mar 13, 2019 - Top Stories - 0 Comments - Standard

Kushner Launching First Miami Project: A $550M Apartment Complex The Kushner Cos. is launching a major apartment project in Miami, Bisnow has learned, the first in Florida for the third-generation real estate business. Courtesy of Dorsky + Yue International Rendering of 2000 Biscayne Boulevard, an upcoming project in Miami from Kushner Cos. Kushner Cos., the […]

Miami Commercial Real Estate News March 6, 2019: Magic City Vote Delayed; Swanson Foods Heir Buys in Little River; Michaels Building on Alton Road Listed; More…

Mar 06, 2019 - Top Stories - 0 Comments - Standard

TV dinner scion buys Little River site in Opportunity Zone An entity tied to an heir of the Swanson food fortune just picked up three parcels in a designated Opportunity Zone site in Miami’s Little River… for $5.6 million, with plans for a 7-Eleven. SP Miami, which is connected to W. Clarke Swanson Jr. bought […]

Miami Commercial Real Estate News February 27, 2019: Raleigh Hotel Sells for $103 Mil, 1 Hotel South Beach for $610 Mil; Key Approval Obtained for Health District Apartments; More…

Feb 27, 2019 - Top Stories - 0 Comments - Standard

Joint Venture Purchases Historic Raleigh Hotel on Miami Beach for $103 Million A joint venture between SHVO, Bilgili Holding and Deutsche Finance America has purchased the Raleigh Hotel in Miami for $103 million. The 83-room hotel is situated in South Beach, about 10 miles east of downtown Miami, and is known for its beachside swimming […]

Miami Commercial Real Estate News February 20, 2019: 1 Hotel South Beach Sells for $610 Mil; Amazon Warehouse Trades; More…

Feb 20, 2019 - Top Stories - 0 Comments - Standard

Host Hotels buys Sternlicht’s 1 Hotel South Beach for $610 million, setting new record Host Hotels paid $610 million for 1 Hotel South Beach, marking a new per-room record for Miami-Dade hotel sales at $1.42 million a key. Barry Sternlicht’s Starwood Capital Group and LeFrak sold the luxury beachfront hotel at 2341 Collins Avenue, according to […]

Miami Commercial Real Estate News February 13, 2019: Wennet’s Allapattah Project Wins Approval; 236-Unit Multifamily Break Ground; More…

Feb 13, 2019 - Top Stories - 0 Comments - Standard

Robert Wennett wins Miami board approval for massive, mixed-use project in Allapattah Robert Wennett’s proposed massive mixed-use project in Allapattah, which could include the only co-living spaces currently allowed in Miami, is a step closer to becoming a reality. Miami’s Planning, Zoning, and Appeals Board backed the development of… The Miami Produce Special Area Plan, a […]

Miami Commercial Real Estate News February 6, 2019: $100 Million Opportunity Zone Multifamily Development Planned; Mill Creek Closes on Edgewater Site; More…

Feb 06, 2019 - Top Stories - 0 Comments - Standard

PTM Partners, EIG Acquire Opportunity Zone in Miami, Plan $100 Million Multifamily Development PTM Partners and Estate Investment Group (EIG) have acquired a 1.3-acre parcel in Miami’s Overtown neighborhood for $9.7 million. The joint venture plans to develop a $110 million, 18-story, 360-unit apartment complex at the site called Soleste Grand Central. The 220,000-square-foot project […]

Brickell City Centre, Miami, Florida Retail and Office Commercial Real Estate

Miami Commercial Real Estate News January 30, 2019: More Legal Challenges to Beckham’s Stadium; Brickell City Centre Expansion OK’d; More…

Jan 30, 2019 - Top Stories - 0 Comments - Standard

Brickell City Centre OK’d for major expansion Brickell City Centre is poised for another major growth spurt, adding 972 residences in two towers, stores and entertainment venues, parking, a ground-level plaza, and enhancements around the South Miami Avenue Bridge. The sweeping development from Swire Properties Inc. continues to transform the Miami neighborhood south of the Miami […]

Miami Commercial Real Estate News January 23, 2019: 20-Story Tower to be Built Near Metrorail; Half of One Cocowalk to be Co-Working; Opportunity Zones in the News; More…

Jan 23, 2019 - Top Stories - 0 Comments - Standard

London, New York top list of global CRE investment in 2018, Miami misses the cut Global commercial real estate investment topped $730 billion last year in the top 30 cities, as investors around the world poured in a record amount. The news wasn’t all good, as investment was expected to fall this year. London maintained its […]

Miami Commercial Real Estate News January 16, 2019: First Tower Completed at Miami Worldcenter; Pullman Miami Airport Hotel Trades; More…

Jan 16, 2019 - Top Stories - 0 Comments - Standard

Caoba, the first tower at $4 billion Miami Worldcenter project, completed The first building at Miami Worldcenter, a 27-acre, mixed-use project in downtown Miami is now completed. CIM Group and Falcone Group completed Caoba, a 444-unit rental tower, at 698 Northeast First Avenue, according to a press release. Rents start at $1,774 for a 349-square-foot studio […]

Miami Commercial Real Estate News January 9, 2019: City Tower May Go Next Door; $1.45 Billion in MIA Improvements Coming; Developer Promotes Passenger Drones; More…

Jan 09, 2019 - Top Stories - 0 Comments - Standard

City of Miami office tower site hunt may end up next door A study has determined the best place for a new City of Miami government office tower is right next door to the current one. The analysis is up for discussion on today’s (1/10) city commission agenda. Site selection is the next step after voters in […]

Miami Commercial Real Estate News January 2, 2019: Related Sells SLS Brickell Hotel; 1,042 Unit Downtown Rental Plans Filed; More…

Jan 02, 2019 - Top Stories - 0 Comments - Standard

Related Group sells SLS Brickell hotel for $43 million The Related Group sold the hotel component of SLS Brickell for $43 million, property records show. PRH 1300 Hotel LLC and PRH 1300 Shared LLC sold the 124-key hotel at 1300 South Miami Avenue to Brickell Miami LLC, a Delaware company managed by Francois Faber of Fiduciaire […]

Miami Commercial Real Estate News December 26, 2018: Creative Class A Office Project Coming to Wynwood; Biggest Deals of 2018; More…

Dec 26, 2018 - Top Stories - 0 Comments - Standard

Massa Investment pays $11.5M for retail space at Axis Brickell A company tied to Massa Investment Group just paid $11.5 million for retail space at Axis Brickell in Miami, records show. Lmnr Axis Properties LLC, which is managed by Menin Hospitality’s Keith Menin, sold the 13,724-square-foot property at the ground floor of the condo development. The property […]

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Within these pages, you will find infomation related to Miami area commercial real estate, Miami-Dade County commercial property. Most specifically, you will find information about retail, multifamily, office, and industrial property in the Miami, Florida area. This will include information about lease rates, price trends, closed transactions, rumored transactions, economic statistics, capitalization rates, vacancy rates, rental rates, and development related to commercial real estate in the Miami area.

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