Search Results for: Stiles

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 March 13, 2024: Miami to Aventura Train Gets Fed Funding Recommendation; North Miami Beach Mall Trades for $46M; More…

Mar 13, 2024 - Top Stories - 0 Comments - Standard

Pre-Application Filed For 280-Unit Multifamily Tower Near Arsht Center A pre-application was filed with Miami-Dade planners yesterday for a downtown Miami residential tower. The building is being proposed under the county’s Rapid Transit Zone zoning code. The new tower is planned to rise 26 stories, and will be a multi-family residential building, according to a […]

Miami Commercial Real Estate News December 20, 2023: Largest Office, Retail, Multifamily Sales; Hialeah Cold Storage Sells for $113M; Big Density Trade; More…

Dec 20, 2023 - Top Stories - 0 Comments - Standard

Amancio Ortega’s Pontegadea pays $113M for Hialeah cold storage Spanish billionaire Amancio Ortega’s real estate family office is expanding its cold storage business, acquiring its second Hialeah freezer facility in seven months. An affiliate of Ortega’s Pontegadea paid a cool $113 million for Bridge Point Cold Logistics Center, a 312,000-square-foot warehouse at 3995 West 108th Street, […]

Miami Commercial Real Estate News September 13, 2023: 90-Story Dolce & Gabbana Tower Announced; 554-Unit MF Proposed for Edgewater; Clevelander to be Replaced with 30 Story MF; More…

Sep 13, 2023 - Top Stories - 0 Comments - Standard

Dolce & Gabbana Joins Forces With JDS For Supertall Tower At 888 Brickell Avenue In Miami Italian fashion powerhouse Dolce & Gabbana is extending its brand into luxury real estate with a newly announced partnership alongside renowned developer Michael Stern and his JDS Development Group. The collaboration marks Dolce & Gabbana’s foray into the world […]

Miami Commercial Real Estate News November 2, 2022: Fed Hikes Rates; UDB Expanding Industrial Project, $100M Cutler Bay Senior Living MXU Approved; Another Aging Condo Evacuated; More…

Nov 02, 2022 - Top Stories - 0 Comments - Standard

Miami & Other Sun Belt Markets Dominate Top 10 ‘Markets to Watch’ in 2023, According to Emerging Trends Report A variety of Sun Belt markets once again lead the “top markets to watch” in 2023 for overall real estate prospects, with Nashville ranking No. 1 for the second consecutive year in the annual Emerging Trends […]

Miami Commercial Real Estate News November 24, 2021: Little Havana Multifamily Trades for $105M, Medley Industrial for $9M; Real Estate Issues and Build Back Better; More…

Nov 24, 2021 - Top Stories - 0 Comments - Standard

Ivanhoé Cambridge picks up Little Havana apartment complex for $105M With a $104.8 million purchase, a Canadian real estate development firm is the new owner of the InTown apartment complex in Miami’s Little Havana neighborhood. An affiliate of Ivanhoé Cambridge picked up the two-tower, 15-story multifamily project at 1900 Southwest Eighth Street, according to records. The […]

Miami Commercial Real Estate News March 31, 2021: Miami Beach’s Tallest to Break Ground; City Furniture Leases 287k sf Industrial; More…

Mar 31, 2021 - Top Stories - 0 Comments - Standard

City Furniture leases Miami Gardens distribution center City Furniture leased a nearly 287,000-square-foot building at Bridge Point Commerce Center in Miami Gardens, another deal marking the strength of South Florida’s industrial market. The Fort Lauderdale-based furniture retailer led by founder Keith Koenig will open a distribution center at Bridge Development Partners’ under… Bridge Development Lands […]

Miami Commercial Real Estate News February 5, 2020: Shelborne South Beach Sells for $120 Million; Change Afoot in the Grove; More…

Feb 05, 2020 - Top Stories - 0 Comments - Standard

Russell Galbut, WP Carey sell Shelborne South Beach W.P. Carey and Russell Galbut sold the oceanfront Shelborne South Beach, which was marketed for sale in the $120 million range, The Real Deal has learned. Dallas-based Westdale Real Estate Investment & Management acquired the majority of the condo-hotel rooms at the 257-key condo-hotel at 1801 Collins […]

Miami Commercial Real Estate News October 30, 2019: Tower Beside Freedom Tower Approved; Museum Tower Sells for $65 Million, 1001 Brickell Bay for $157 Million: More…

Oct 30, 2019 - Top Stories - 0 Comments - Standard

Bridge Investment picks up downtown Miami’s Museum Tower for $65M Bridge Investment Group paid $64.6 million for downtown Miami’s Museum Tower, marking the company’s fourth office acquisition in South Florida this year. The Salt Lake City-based investment firm bought the 259,666-square-foot Class A office tower at 150 West Flagler Street for $250 per square foot, […]

Miami Commercial Real Estate News September 19, 2018: $100 Million Self-Storage Sale; Lissette Calderon Returns to River; Condo Glut Concerns; More…

Sep 19, 2018 - Top Stories - 0 Comments - Standard

Carlyle JV sells Miami-Dade self-storage portfolio for $100 million An entity tied to William Warren Group just paid $100 million for three self-storage buildings spread throughout Miami-Dade County. Property records show CRP/Westport Self Storage Dixie, a joint venture between the Carlyle Group and Westport Properties that operates as US Storage Centers, sold the buildings. The self-storage […]

Miami Commercial Real Estate News September 20, 2017: Irma Damage Estimate Now $65 Billion; Metro Mall Site Hit Market; More…

Sep 20, 2017 - Top Stories - 0 Comments - Standard

Hurricane Irma damage now estimated at up to $65 billion Property damage from Hurricane Irma is now estimated to reach $42.5 billion to $65 billion, with as much as $30 billion for flood-ravaged homes not covered by insurance, according to a newly released report from CoreLogic. The total figure includes both insured and uninsured losses for […]

Miami Commercial Real Estate News September 13, 2017: Irma’s Aftermath; Pru Drops $19 Mil in Little Havana; More…

Sep 13, 2017 - Top Stories - 0 Comments - Standard

American Dream Miami mega-mall draws traffic concerns Traffic In Miami-Dade and Broward counties is still a concern for the development of the American Dream Miami mega-mall in Northwest Miami-Dade County as meetings continue throughout the fall. “It’s a little under two miles South of our county line, so we know it’s going to generate traffic impacts […]

Miami-Dade Commercial Realty Related News June 1, 2017: Church of Scientology Sells Gables Location; Miami Ditches Island Gardens Developer; More…

Jun 01, 2017 - Top Stories - 0 Comments - Standard

Church of Scientology “disconnects” with its Coral Gables location for $6 million After about three years on the market, the Church of Scientology has cut ties with its 120 Giralda Avenue Coral Gables location of more than 40 years and sold the building for $5.8 million, or nearly $360 per square foot. The buyer is 120 […]

Commercial Property in Zip Code 33131: Year’s Top Buyers, Sellers, Ten Year Sales Volume

Jul 03, 2016 - Analysis - 0 Comments - Standard

For commercial property of all types in Miami’s zip code 33131 the top buyers in the past year as listed by Costar on June 15, 2016 included: Sumitomo Corporation of Americas; Crocker Partners LLC; Lend Lease US Services Inc; KanAm Group; TIAA; Prudential Financial, Inc.; Tishman Speyer; Parkway Properties, Inc.; Gaedeke Group LLC; Alliance RE […]

Miami Commercial Real Estate News April 26, 2016: Genting Looks to Sell Herald Property; Stress in Retail Properties; More…

Apr 26, 2016 - Top Stories - 0 Comments - Standard

Genting Looking To Sell Former Miami Herald Property According To Prospective Buyer The Malaysian casino giant bought the 14-acre property in 2011 for $236 million with plans of building a casino resort. Interest Rates: Yield Curve Quarterly Snapshot At the end of the 1st quarter of 2016, U.S. Treasury yields, on a nominal basis, were essentially […]

Miami Commercial Property News April 21, 2016: Brickell City Centre Passes Half Billion in Condo Sales; More…

Apr 21, 2016 - Top Stories - 0 Comments - Standard

Brickell City Centre sells nearly $500M in condos Swire Properties, developer of the Brickell City Centre mega-project, just announced condo sales at the project have reached nearly half a billion dollars.  The announcement is a major milestone for the $1.05 billion project, which broke ground in 2012 and is aiming to finish its… Giralda Place […]