Oct 22, 2015 - 0 Comments - Top Stories -

Miami Commercial Property News October 22, 2015

CBRE Named Leasing Agent For 200,000 SF Office Portfolio

Suburban office markets are reaping the benefits of dwindling supply and rising CBD rates, according to CBRE.

Developer Seeks Permission To Build $1B Miami River Complex

Could this be Miami’s next hot spot?

There’s A New Niche Of Investors Looking At Multifamily Housing

They’re not asking about cap rates, and they’re not asking about rents because they’re not planning to keep tenants there for the long haul.

Creative Choice Grp Sells Opa Locka Multifamily Portfolio

Creative Choice Gropu sold a 328-unit affordable housing portfolio located in Opa Locka, FL to New Vision Housing Foundation, Inc. for $20.3 million, or approximately $62,000 per unit.  The sale consisted of four multifamily properties located at 2920 NW 135th St., 13002 Alexandria…

U. of Miami School of Architecture Gets Second Arquitectonica Building

The groundbreaking ceremony of the Thomas P. Murphy Design Studio Building occurred at the University Of Miami School of Architecture (SoA) yesterday afternoon. University of Miami President Julio Frenk, UM Chairman of the Board of…

Brickell City Centre’s Got Some Mighty Spacious Floor Plans

Brickell City Centre, the landmark $1.05 billion (yes, that’s with a ‘b’) mixed-use development that aims to alter Brickell’s skyline, is unveiling the Tower Suites at REACH and RISE condominium towers. And it has some mighty fine floorplans.  Some elements to note…

Miami Beach approves convention center renovation

After years of false starts, Miami Beach commissioners have approved a massive overhaul of the city’s aging convention center with the goal of boosting occupancy rates from a current average of 50 percent to 70 percent in five years.  In a unanimous vote…

The Truth About Miami’s Condo Cycle

A new Integra Realty Resources study shows the undeniable facts….

Rare Condo Assemblage Sells in Brickell

“We were able to get every owner to agree to sell which is very nearly impossible to do.”