Search Results for: brickell

Miami Commercial Real Estate News July 9, 2025: 700-Unit MF Proposed for South Miami; 3,500-Year-Old Artifacts Found at Brickell Development Site; More…

Jul 09, 2025 - Top Stories - 0 Comments - Standard

Joint Venture Submits Sole Proposal for $10 Billion Miami MetroCenter Redevelopment Plan A joint venture between Merrimac Ventures, Related Urban, and 13th Floor Investments has submitted the sole proposal for the redevelopment of MetroCenter in Downtown Miami. The plan calls for the transformation of 17 acres surrounding the Stephen P. Clark Government Center into a […]

Miami Commercial Real Estate News July 2, 2025: Miami Beach Deauville Project Get Final Approval; Brickell City Centre Majority Stake Sold for $512M; More…

Jul 02, 2025 - Top Stories - 0 Comments - Standard

Swire sells majority stake in Brickell City Centre retail to Simon for $512M Deal breaks down to $1K psf for open-air shopping center anchored by Saks Fifth Avenue Swire Properties cashed out of the retail and parking components of Brickell City Centre in a $512 million deal with Simon Property Group. Simon, an Indianapolis-based shopping […]

Miami Commercial Real Estate News June 4, 2025: Brickell Former Office Supertall Dev Site Sold for $200M; 1,363-Unit LLA Dev Proposed for Wynwood; More…

Jun 04, 2025 - Top Stories - 0 Comments - Standard

Swire sells Miami site planned for office supertall to Melo for over $200M Swire Properties sold the site of its once-planned office supertall in Miami’s Brickell to the Melo Group for more than $200 million in an all-cash deal, The Real Deal has learned. : The real estate arm of Hong Kong developer Swire sold […]

Miami Commercial Real Estate News May 7, 2025: 80-Story Brickell Tower Proposed; Carnival to Build New HQ in Waterford District; More…

May 07, 2025 - Top Stories - 0 Comments - Standard

Prosper Group, Forte Development File Pre-Application For 80-Story Mixed-Use Tower At 1040 South Miami Avenue In Brickell Prosper Group and Forte Development have submitted a pre-application for an 80-story mixed-use tower at 1040 South Miami Avenue in Miami’s Brickell neighborhood. The proposal, filed under Miami-Dade County’s Rapid Transit Zone (RTZ) program, outlines plans for a […]

Miami Commercial Real Estate News April 30, 2025: 800-Unit LLA Dev Proposed at Jackson Memorial Campus; MLS Stadium Snags $450M Construction Loan, Brickell Dev $413M; More…

Apr 30, 2025 - Top Stories - 0 Comments - Standard

MG Developer Obtains $105M Construction Loan for Multifamily Development in Hialeah MG Developer has obtained a $105 million construction loan for Metro Parc South, a 347-unit apartment community located at 954 and 934 E. 25th St. in Hialeah, a suburb of Miami. The multifamily project will be part of MG Developer’s 2.3 million-square-foot Metro Center […]

Miami Commercial Real Estate News February 26, 2025: Wynwood, Edgewater Dev Sites Hits Market for $16M, $32M, Respectively; Developer Buying Near Brickell City Centre for 720-Foot Tower; More…

Feb 26, 2025 - Top Stories - 0 Comments - Standard

Xebec Realty slashes Miami industrial portfolio in half, sells warehouse for $27M Xebec Realty Investments is down to one warehouse project in Miami-Dade County after selling a Liberty City industrial property for $26.8 million. Dallas-based Xebec Realty, led by CEO Randy Kendrick, sold a 85,483-square-foot facility built in 2023 at 1010 Northwest 72nd Street, records and […]

Miami Commercial Real Estate News January 29, 2025: Amazon Signs Record Setting Wynwood Lease; Brickell Supertall Office Development Nixed; More…

Jan 29, 2025 - Top Stories - 0 Comments - Standard

Amazon to Anchor 1 MSF Wynwood Plaza Mixed-Use Development Amazon (NASDAQ: AMZN) has signed on to anchor Wynwood Plaza, a 1 million-square-foot mixed-use campus nearing completion in Miami’s Wynwood Arts District. The Seattle-based e-commerce giant will occupy 50,333 square feet within the development’s 12-story office tower that is set to deliver in the coming months. […]

Miami Commercial Real Estate News January 8, 2025: Brickell Waterfront Assemblage Under Contract for $520M; $291M Refi Nabbed for Little Havana MXU Dev; More…

Jan 08, 2025 - Top Stories - 0 Comments - Standard

Developers Under Contract for $520M Waterfront Assemblage at 1001 and 1111 Brickell Bay Drive in Brickell Oak Row Equities and Mariposa Real Estate have reached an agreement to acquire Aimco’s 4.25-acre waterfront property at 1001 and 1111 Brickell Bay Drive for $520 million. This transaction, expected to close in the fourth quarter of 2025, will […]

Miami Commercial Real Estate News December 18, 2024: Fed to Sell Brickell Plaza; $1B Sweetwater Dev Moving Ahead; Year’s Top MF, Industrial, Hotel Sales; More…

Dec 18, 2024 - Top Stories - 0 Comments - Standard

Developer CMC Group Completes $5 Million Renovation of 4000 Ponce in Coral Gables CMC Group has completed a $5 million renovation at 4000 Ponce, a nine-story Class A mixed-use office and retail development in Coral Gables’ Southern Business District. Originally developed in 2002 by Ugo Colombo’s CMC Group, the property features 150,000 square feet of […]

Miami Commercial Real Estate News November 21, 2024: Plans Proposed for Deauville Miami Beach Site; $500M Brickell Dev Site LOI Signed; More…

Nov 21, 2024 - Top Stories - 0 Comments - Standard

Meruelo family, David Martin propose big plans for Deauville Miami Beach site The Meruelo family and David Martin are proposing land use changes that would allow them to build a larger project on the former site of the Deauville Beach Resort in Miami Beach. Recent legislative changes would allow a floor area ratio, or overall project […]

Miami Commercial Real Estate News November 6, 2024: Voters Approve Watson Island Land Sale for $2B Development; “Citadel Effect” on Brickell; More…

Nov 06, 2024 - Top Stories - 0 Comments - Standard

Watson Island Referendums Pass, Allowing Four New Towers Miami voters voted yes on two separate items on the ballot yesterday relating to Watson Island, paving the way for new development. The two separate ballot questions were: Charter Amendment: Partial Conveyance for Revised Development at 1111 Parrot Jungle Trail on Watson Island Shall Miami’s Charter be […]

Miami Commercial Real Estate News October 9, 2024: Brickell Office Tower Trades for $443M, Miami Lakes Industrial for $147M; Pre App Filed for Another Miami Supertall; More…

Oct 09, 2024 - Top Stories - 0 Comments - Standard

$443M Sale of 701 Brickell Office Tower in Downtown Miami Arranged JLL Capital Markets has arranged the $443 million sale of 701 Brickell, a trophy office building totaling 685,279 square feet in the heart of downtown Miami’s Brickell financial district. The sale marks the second-largest office transaction in Florida history, according to JLL. Morning Calm […]

Miami Commercial Real Estate News September 18, 2024: 124-Key Hotel Approved for Doral as 832-Key Hotel is Proposed for Brickell; $172M Financing Scored for Edgewater Tower; More…

Sep 18, 2024 - Top Stories - 0 Comments - Standard

House Of Wellness Hotel Proposed In Brickell, With 832 Lodging Units A pre-application has been filed with Miami-Dade reviewers for a hotel tower in Brickell called House of Wellness. House of Wellness is proposed to rise 43 stories, and include: 832 lodging units 347 parking spaces A rooftop pool deck is planned on level 43. […]

Miami Commercial Real Estate News August 1, 2024: Miami High-Rise Construction 2X State of California; Brickell Lease Record, Manhattan Levels; Duffy’s Site Trades; More…

Aug 01, 2024 - Top Stories - 0 Comments - Standard

Brickell Office Lease Hits Record High, Matching Manhattan Prices Miami office space rents have broken a new record, according to the FT and Bloomberg. The reports say that Brazil’s Banco Master leased 26,000 square feet of space at 830 Brickell for around $190 per square foot. That’s a record price for Florida, and “on par […]

Miami Commercial Real Estate News July 24, 2024: 830 Brickell Snags $565M Refi; Citadel Submits Supertall Site Plan; More…

Jul 24, 2024 - Top Stories - 0 Comments - Standard

Construction Starts on Brownsville Transit Village’s Fifth Phase at 5255 N.W. 29th Avenue in Metro Miami On Monday, July 22nd, Miami-Dade County officials celebrated the groundbreaking of Brownsville Transit Village’s fifth phase. Currently, the affordable housing development offers 401 apartments, along with a 660-spot parking garage and 6,400 square feet of retail. The fifth phase […]

Miami Commercial Real Estate News May 8, 2024: 523-Foot Racquet Club Planned for Brickell; Medley Industrial Portfolio Trades for $18M; More…

May 08, 2024 - Top Stories - 0 Comments - Standard

Construction Begins At 41-Story Biscayne Boulevard Tower Developers held a groundbreaking event last month for a 41-story tower on Biscayne Boulevard, and photos show that work is now underway. The tower, known as 2600 Biscayne, will span an entire city block, one block away from a planned Northeast Corridor rail stop. When complete, it will […]