Feb 25, 2016 - 0 Comments - Top Stories -

Miami Commercial Property News February 25, 2016: Edgewater Development Site Lists at $19.75 Million; Office Rents Risking in Miami-Dade and Broward; More…

Edgewater development site on Biscayne hits market: $19.75M

As land sales reach record per-square-foot highs, a redevelopment site in Edgewater has been listed for sale for $19.75 million or about $475 a square foot. The property, at 2699 Biscayne Boulevard, is one of the few remaining large development sites in the Edgewater…

Franklin Street Arranges $9 Million Homestead Retail Center Sale

The buyer is aggressively looking for additional commercial real estate investments in South Florida.

Miami’s Four Five-Star Hotels of 2016, Mapped

Which Miami hotels are among the Forbes Travel Guide elite? Forbes Travel Guide released its annual Global Star Ratings, honoring the finest hotels, restaurants, and spas in the world in 2016.  They evaluated over 500 criteria with the ratings based on three levels: Five Star, Four Star…

Three Hundred Collins Breaks Ground With 70 Percent Sold

Coming to South of Fifth in 2017 Three Hundred Collins, aptly located on 3rd Street and Collins Avenue in South Beach, broke ground with a whopping 70 percent sold.  Only six of 19 units remain in the luxury South-of-Fifth project being developed by JMH Development.

Miami Beach Unveiled Some Funky New Lifeguard Towers

Vibrant and unique, like South Beach Miami Beach revealed four colorful lifeguard towers this week designed by architect William Lane to pad the city’s total to 35 stations, stretching from 87th street down to the southernmost tip at South Pointe.  The project began over 20 years ago, according to…

Miami Ranks 449th Among Cities to Raise a Family

Ouch Miami is anything but magical in terms of places to raise a family, according to a recent study by Apartment List.  The analysis measured 500 cities across four weighted factors: safety (35%), housing cost (30%), school quality (25%), and child friendliness (10%). Wait, “child friendliness?”

Vote for Your Favorite Proposal for Miami Dade College’s Downtown Site

Which MDC proposal stands out from the rest? Renderings and plans for all four bids have been released in full for Miami Dade college’s heavily desired 2.6-acre site in Downtown Miami near American Airlines Arena at 520 Biscayne Boulevard.  The four contenders: Gregg Covin Development/Oppenheim…

Details Of Four Proposals For Miami Dade College’s Downtown Site

Bids contain condo towers as high as 80 stories, hotels with up to 300 rooms, office space, retail and restaurants.

SOBEWFF to bring food, wine – and a wealthy buyer pool

When the South Beach Wine & Food Festival kicks off on Thursday, some of its sponsors are hoping to appeal to wealthy real estate buyers as well as foodies.  The festival’s first event, Italian Bites on the Beach, for example, is sponsored by Property…

Miami Worldcenter names CoastalTishman as contractor

The developers of Miami Worldcenter have just announced CoastalTishman as the general contractor on the eve of the project’s official groundbreaking.  Construction work has already begun on Worldcenter, though…

Office rents in Miami-Dade and Broward rising: report

Class A office rental rates in Miami-Dade County and Broward each jumped 6.3 percent in 2015, to $41.48 and $33.34, respectively, marking the highest increase among major markets statewide, according to a new report released Wednesday by Cushman…

California investment firm buys Key Largo Hilton from Blackstone

KHP Capital Partners, a California investment manager, just bought the newly renovated Hilton Key Largo from New York’s Blackstone Group.  The deal includes a little over 13 acres of waterfront land at 97000 South Overseas Highway, plus the 200-room hotel and its marina…

Miami-Dade home sales take a hit in January: report

It looks like the year-end slowdown for Miami-Dade County’s residential market is creeping into 2016.  Existing home sales in the county took a big hit during January amidst rising prices and shifting inventory, according to a new report from the Miami…

Meet the venture-backed startup that helps landlords evict tenants

Smelling blood in the water, venture-based startups like Click Notices are collecting tidy fees to assist landlords in ousting millions of tenants nationwide.  Click Notices’ software allows…