Check Out Chad Oppenheim’s Flashy Proposal for a MDC Development in Downtown Miami
Four developers are bidding for the right to build a project off a public-private partnership with Miami Dade College in Downtown Miami at 520 Biscayne Boulevard. The 2.6-acre site sits just south of the Freedom Tower, and is currently used as a parking lot for events like Heat…
$2B Tunnel for Downtown Miami is Being Evaluated
As discussions continue over the execution of a Signature Bridge at the heart of Miami, a study by the Florida Department of Transportation was conducted to see what a tunnel would cost to put a chunk of I-395 and Biscayne Boulevard underground. The results? It would cost…
Miami-Dade Unemployment Rate Furthers its Decline
The unemployment rate in Miami-Dade County As can be appreciated in the accompanying chart (Unemployment Rate in Miami-Dade County, FL November 1, 2005 to November 1, 2015), this rate has not been significantly lower since…
$600,000+ Office/Warehouse Lease Secured In Miami
NAI Miami’s Robert Eckstein negotiated the five-year lease deal. CLICK ON THE HEADLINE FOR MORE…
New Leasing Assignment Won In Coral Gables
The building’s new ownership has plans for extensive renovations and upgrades to the common areas, parking garage and the exterior of the building.
PetMed Relocating HQ To Newly Acquired Property Totaling 184,000 SF
PetMed’s new digs will house 180 to 190 employees.
Regus Inks 10-Year Deal For Nearly 20,000 SF
The alternative workspace firm’s space will span two floors at 1688 Meridian Avenue in Miami Beach.
Miller: Downshift in Miami’s Housing Market Was ‘Inevitable’
Miller Samuel President Jonathan Miller released the latest Elliman Report, wrapping up the final quarter of 2015 on the state of the once booming Miami residential market, effectively quantifying how the market began to stall some towards the end of the year, albeit with…
Latest Fed Beige Book: A Mixed Bag Nationally For CRE
Last week saw the publication of the latest Beige Book, the six-times-annually published economic activity report from the Federal Reserve Bank that looks at the whole country divided by Federal Reserve Districts. You can read the entire Fed Beige Book after the…
What’s Next for Miami Real Estate?
Last week was the CREW Miami’s 19th Economic Forecast by NYU economist Hugh Kelley. I have written frequently about Hugh and his predictions. I always find his presentation insightful and this year was right on the mark. This year he spoke about the five basic forms of economic change and…
Developers Announce New Medical Offices In South Miami
The 62,000-square-foot building could house medical tenants ranging from primary and urgent care clinics to surgical centers and pharmacies at 6201 Sunset Drive.
Metropica in Sunrise gets Fannie Mae approval
Metropica, a master-planned community in Sunrise, is the latest South Florida condominium to receive Fannie Mae approval, as developers try to lure domestic buyers. Under the approval, buyers at Metropica can purchase qualifying residences with as little as…
Yuca + Ceviche 105 = Cubiche 105, coming to Washington Ave.
Popular eateries Yuca and Ceviche 105 are teaming up to open a new restaurant on Washington Avenue in Miami Beach: Cubiche 105. The city of Miami Beach has agreed to lease 7,130 square feet at 1555 Washington Avenue to an entity called Cubiche 105 LLC. The 10-year lease is…
REITs could benefit from stock index split-off
From the New York website: Publicly traded real estate investment trusts could benefit from a decision by major stock indices to break out real estate securities into their own, separate sector. While real estate companies are currently lumped in with major financial companies…
Miami is the country’s 9th-most expensive rental market: report
Prices in Miami’s rental market appear to be leveling out, but the city is still one of the nation’s most expensive places to nab an apartment. The median rent for a one-bedroom…
This Property Type Sees Investor Surge
“The heightened competition for quality assets has pushed buyers to consider centers outside the city of Fort Lauderdale.”
Why This Major REIT is Targeting Iconic Assets
The firm and its local has invested close to $200 million in the Miami market within the past year.
Historic Building Wins Coworking Giant’s Business
“There has been a shortage of small office space available in Miami Beach…”