Search Results for: Dacra

Miami Commercial Real Estate News March 27, 2024: Brickell Assemblage Hits Market for $650M; Elite Private School Scraps $180M Campus Plans; More…

Mar 27, 2024 - Top Stories - 0 Comments - Standard

Aimco’s waterfront Brickell office and apartment towers hit the market for $650M: source Brickell hit the market for roughly $650 million, marketed as a possible redevelopment opportunity, The Real Deal has learned. The Denver-based real estate investment trust wants to sell the 32-story Brickell Bay Office Tower at 1001 Brickell Bay Drive and the 31-story, 357-unit […]

Miami Commercial Real Estate News December 27, 2023: Year’s Top Industrial Sales, Retail & Office Leases; Slew of Construction Financing Approvals; EV Aircraft Planned in Miami for 2027; More…

Dec 27, 2023 - Top Stories - 0 Comments - Standard

Here are South Florida’s priciest industrial sales of 2023 Institutional buyers seeking massive warehouse portfolios dominated the top five largest industrial deals in South Florida in 2023. National industrial players primarily gobbled up complexes and business parks in Miami-Dade and Broward counties, which are much larger industrial submarkets than Palm Beach County. Overall, 2023’s top five industrial […]

Miami Commercial Real Estate News August 23, 2023: Udonis Haslem Plans 200-Unit Multifamily; Coral Gables Office Building Trades for $50M; More…

Aug 23, 2023 - Top Stories - 0 Comments - Standard

Udonis Haslem, Magellan plan 200-unit low-income housing project in North Miami Former Miami Heat star Udonis Haslem and Magellan Housing plan a 200-unit project with affordable apartments and workforce-priced townhouses for sale in North Miami, The Real Deal has learned. Miami-based Magellan and Haslem, who retired from professional basketball this year, want to develop Catherine Flon […]

Miami Commercial Real Estate News August 9, 2023: Mercedes-Benz Properties Trade for $150M; Inter Miami Gets Construction Loan; MF Occupancy Drops; Kapoor Scandal Deepens; More…

Aug 09, 2023 - Top Stories - 0 Comments - Standard

Inter Miami Gets $75M From Ares Management For Stadium Construction Soccer superstar Lionel Messi’s new club has received an infusion of capital from a private equity giant toward the construction of a new stadium.Los Angeles-based Ares Management provided a $75M preferred equity investment to Major League Soccer’s Inter Miami. The funding will be used for […]

Miami Commercial Real Estate News July 26, 2023: MIA Hotel Deal Landed; Chrysler Building Owner Proposes Miami Supertall; Brickell Dev Acre Listed for $70M; More…

Jul 26, 2023 - Top Stories - 0 Comments - Standard

Fontainebleau, Related Cos. Win Bid To Develop New Miami International Airport Hotel Miami-Dade County commissioners approved a ground lease for a new hotel at Miami International Airport, bringing a close to a three-year bidding process that will bring the first new hotel to the airport in 60 years. The 451-room hotel with Westin branding will […]

Miami Commercial Real Estate News October 26, 2022: North Miami Multifamily Dev Site Trades for $14M, Edgewater Dev Site for $21M; $500M Miami Beach Condo Buyout Falls Apart; More…

Oct 26, 2022 - Top Stories - 0 Comments - Standard

Electra, BH purchase former Cutler Bay Sears store for $34M Seritage Growth Properties’ Andrea Olshan and Electra America’s Joe Lubeck with former Sears store at Southland Mall, 20505 South Dixie Highway:  Electra America and BH Group added a former Sears store to the joint venture’s Southland Mall assemblage slated for a $1 billion overhaul. The […]

Miami Commercial Real Estate News March 9, 2022: 382 Units Proposed for North Miami, 140K SF Class A Office for Wynwood; South Miami-Dade Booming; More…

Mar 09, 2022 - Top Stories - 0 Comments - Standard

Cipriani Residences Miami 80-story condo tower planned for Brickell site Cipriani is expanding its footprint in Miami with plans to brand Mast Capital’s luxury condo tower in Brickell, joining a handful of new projects in the neighborhood. For the Cipriani family, the planned Cipriani Residences Miami adds to a growing portfolio of properties. The family […]

Miami Commercial Real Estate News April 28, 2021: 452-Unit MF Trades for 96.6M; Governor Signs Bill Reducing CRE Lease Sales Tax; Office Market Heating Up; More…

Apr 28, 2021 - Top Stories - 0 Comments - Standard

MG3 Group sells Florida charter school portfolio including Everglades Prep in Homestead for $242M An Aventura-based charter school developer sold two South Florida campuses for $78.1 million, as part of a $242 million portfolio deal for eight schools throughout the state. MG3 Group, led by Marcelo Saiegh, Hernan Leonoff and Gustavo Bogomolni, sold the schools […]

Miami Commercial Real Estate News February 3, 2021: Big Tech, Wall Street Head to South Florida; Miami Lakes Industrial Sells for $18 Million; More…

Feb 03, 2021 - Top Stories - 0 Comments - Standard

New York Real Estate Developers Flock to Miami as the Big Apple Struggles New York families are not the only ones migrating to Florida in search of lower taxes, a better quality of life and year-round warm weather. Since the onset of the pandemic, a growing number of New York real estate developers have been […]

Miami Commercial Real Estate News November 27, 2019: LeBron to Open Flagship Store in Wynwood; Palmetto Bay Nissan Dealership Trades; More…

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

HGreg parks $75M in Nissan dealership in Palmetto Bay HGreg acquired a Nissan dealership from AutoNation in Palmetto Bay for $75 million, marking the largest car dealership sale in South Florida this year. The dealership, HGreg Nissan Kendall, includes a 71,500-square-foot building and sits on 14.25 acres at 17305 South Dixie Highway. The property sold […]

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 November 21, 2018: Miami Beach Agrees to Taller Tower; Lehman Buys Industrial Land; More…

Nov 21, 2018 - Top Stories - 0 Comments - Standard

Simon sells site next to Miami International Mall to Lehman Car dealer William “Bill” Lehman Jr. just bought a strip of land next to Miami International Mall for $8.2 million, property records show. Lehman financed the deal with a $9.4 million loan from JP Morgan. It’s zoned for industrial development. Simon Property Group sold the 8.4 […]

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

Miami Commercial Real Estate News November 7, 2018: Voters Approve Beckham Stadium, Convention Center Hotel; Amazon HQ2 Decision Nears; More…

Nov 07, 2018 - Top Stories - 0 Comments - Standard

Metronomic plans Little Havana office project SieteOcho A new office development is planned for Little Havana. Metronomic just announced plans to build a five-story office project called SieteOcho at 640 Southwest Eighth Avenue. The project would mark one of the first new office developments in the area, amid a surge of new boutique multifamily construction. The company […]

Miami Commercial Real Estate News October 31, 2018: Beckham Stadium, Other Real Estate Projects on the Ballot; Wynwood Inventory to Double; More…

Oct 31, 2018 - Top Stories - 0 Comments - Standard

Here are the major real estate projects on the ballot in Miami After years of jumping around Miami for a site to build a multimillion-dollar Major League Soccer stadium, David Beckham and his partners will be asking City of Miami residents to approve their latest pitch. Fueled by Jorge Mas and his brother Jose, the new […]

Miami Commercial Real Estate News June 20, 2018: KKR Buys Sabadell Financial Center for $250 Million; More…

Jun 20, 2018 - Top Stories - 0 Comments - Standard

Parkway Properties, KKR pay $250M for former Sabadell Financial Center: sources A partnership between Parkway Properties and investment giant KKR just paid $250 million for the former Sabadell Financial Center in Miami, sources told The Real Deal. The seller was Prudential Real Estate Investors, which bought the property in 2013 for $184.3 million, property records show. […]