Feb 26, 2015 - 0 Comments - Top Stories -

Miami Commercial Property News | 02/26/2015

Z01Executives aspiring to build 13M square feet in Miami dish on projects

The developers of four of Miami’s largest projects shared details on their plans — and their predictions and aspirations for Miami’s future — during a Greater Miami Chamber of Commerce luncheon Wednesday.
The featured speakers …

Why Multifamily Overbuilding Is Not a Big Issue

MIAMI–At RealShare Apartments East, AvalonBay’s Ronald Ladell got perfectly frank and blunt with his comments….

Commercial Real Estate News Roundup for Feb. 25 2015

Moscow’s high rise vacancies, Atlanta’s high job growth, and the high risk of credit for Sears: It’s all here in the Commercial Real Estate News Roundup for February 25, 2015

CRE experts see continued moderate growth in regio…

Will This Lending Strategy Become The Norm?

Financial institutions are focused on selling problem loans to capital companies and other investors, typically in large portfolios. So what does this trend mean for the commercial real estate market?

Miami archaeological dig unearths evidence of sea rise, Chatham Lodging takes loss in Q4 and misses analyst expectations…and more

Miami archaeological dig unearths evidence of sea rise.  Chatham Lodging takes loss in Q4, misses analyst expectations.  Port rail line hauls bonanza.  Street Art Reinvigorates Architectu…

Dania Beach distribution center gets first tenant

The Port 95 Business Center has its first lessee — a Pembroke Pines-based produce distributor.
Premier Produce signed a lease for 37,205 square feet at the newly constructed Dania Beach distribution fac…

Reports: Home prices are up and hotels absorb new inventory

Miami ranked second for rising home prices in 2014, growing 8.4 percent over the last 12 months.
“Movements in home prices show clear regional patterns. The western half of the nation plus Miami and Atlant…

Wynwood warehouse trades at more than double last sale

301 Northwest 36th Street in Wynwood: A warehouse in Wynwood sold for $8 million last week.  Wynwood Gateway Building sold the nearly 1-acre site to Biscayne Storage & Exhibitions, a Miami-based self-storage company.  The sale includes a combined parking lot at 3620 to 3640 Northwest Third Avenue a…

Beckham brings on lobbyist Naeem Khan to score stadium site

Retired soccer star David Beckham has brought on another Miami-Dade County lobbyist in his search for a stadium site to house his Major League Soccer team.  Rosario Kennedy, who has represented the developers of Wynwood Plaza and designer Naeem Khan, registered as a lobbyist for Miami B…

Wynwood art and concert venue listed for sale at $12.9M

The LMNT complex, a popular multi-use venue in Wynwood, has been listed for sale at $12.9 million.  Metro 1, a Wynwood-based real estate firm, is handling the listing. The firm said LMNT is completely turnkey, with event production permits, liquor licenses and future booking contrac…

Craig Robins wants to expand Miami’s Design District

Craig Robins is far from done with his plans for the Miami Design District. Dacra reportedly wants the city of Miami to expand development allowed in the area.  The city’s planning and zoning board will consider on Thursday the application to inco…

CRE Gurus on Miami’s Big Potential

“Miami is now the third-biggest market after New York and L.A. for luxury retail,” said David Forbes, a partner at the Forbes Company….