Category: Top Stories

Miami Commercial Real Estate News July 10, 2019: Whitmans Get $550 Million Loan for Bal Harbour Shops; Hotel Planned for Dadeland Mall; More…

Jul 10, 2019 - Top Stories - 0 Comments - Standard

Live, work, stay? Dadeland Mall is getting its own hotel Rendering of the AC Hotel by Marriott at Dadeland Mall and David Simon (Credit: DLR Group) Simon Property Group is planning an AC Hotel by Marriott at the Dadeland Mall. The retail real estate investment trust will build a 177-room, seven-story hotel on the northwest […]

Miami Commercial Real Estate News July 3, 2019: Miami Approves Land Swap for New Admin Building; River Commission Fighting Development Plan; More…

Jul 03, 2019 - Top Stories - 0 Comments - Standard

Baywood buys site in Blue Lagoon to build 225-room hotel 1101 Northwest 57 Avenue Miami (Credit: Google Maps) Baywood Hotels paid $10.5 million for part of a lot in the Waterford at Blue Lagoon office park where it has approval to build a 225-room hotel. Baywood bought the 1.4-acre property at 1101 Northwest 57 Avenue […]

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

Miami Commercial Real Estate News June 26, 2019: 550 Biltmore in Gables Sells for $54 Mil; Co-Working Operator Buys Building on Biscayne; More…

Jun 26, 2019 - Top Stories - 0 Comments - Standard

Rieber Developments to Build Seniors Housing, Mixed-Use Tower in Aventura Rieber Developments has unveiled plans for 12|12 Aventura, a mixed-use project with offices for medical professionals, a luxury senior living component and retail. The project is planned for a plot in Aventura, a northern suburb of Miami. Designed by Arquitectonica, 12|12 Aventura will be a […]

Miami Commercial Real Estate News June 19, 2019: Bayside Marketplace May Get Ferris Wheel; Regions Bank Building in Coral Gables Trades; More…

Jun 19, 2019 - Top Stories - 0 Comments - Standard

TA Realty pays $60M for Regions Bank building in Coral Gables TA Realty bought the Regions Bank building in Coral Gables, amid growing interest in the city’s office Class A office market. The company paid $60 million for the property, sources said. The Boston-based firm acquired the 15-story, 146,202-square-foot Class A office building at 2800 Ponce […]

Miami Commercial Real Estate News June 12, 2019: Apartment Boom in Wynwood; WeWork to Take 4 Floors in Southeast Financial Center; More…

Jun 12, 2019 - Top Stories - 0 Comments - Standard

CREC Capital Purchases Retail Center in Homestead for $62.3 Million CREC Capital has purchased Homestead Pavilion, a 302,346-square-foot retail center at 2400 NE 10th Court in Homestead, for $62.3 million. The property is situated on 42.1 acres and includes a six-acre site for future development. CREC Capital plans to hold the undeveloped portion of the property […]

Miami Commercial Real Estate News June 5, 2019: Plaza Coral Gables Nabs $100 Mil Loan; Beckham Group Submits Lease Draft for Melreese; Miami Cited as Emerging Tech Center; More…

Jun 05, 2019 - Top Stories - 0 Comments - Standard

Beckham group submits draft lease deal for Miami Freedom Park complex David Beckham and his partners moved forward with their plans to redevelop the Melreese Country Club property in Miami into a $1 billion mega mixed-use soccer complex. Miami Freedom Park submitted a draft lease agreement to the city of Miami that outlines the terms of […]

Miami Commercial Real Estate News May 29, 2019: Tallest Proposed Projects; Health District Office Property Trades; Major MXU Planned for Ojus; More…

May 29, 2019 - Top Stories - 0 Comments - Standard

Here are the tallest projects proposed in Miami More than 20 years ago, residential skyscrapers started sprouting up in Brickell and downtown Miami, slowly replacing low-rising condo and apartment buildings, older hotels and retail buildings. Today, Miami boasts the third tallest skyline in the U.S., trailing only New York City and Chicago with over 300 high-rises. Fueled […]

Miami Commercial Real Estate News May 22, 2019: Virgin Train to Orlando Construction Underway; David Beckham Group to Close on Overtown Site; More…

May 22, 2019 - Top Stories - 0 Comments - Standard

Virgin Trains USA starts building rail line to Orlando Virgin Trains USA announced Tuesday that construction of its highly anticipated expansion from Palm Beach County to Orlando is underway, beginning with preliminary groundwork for a 70-acre maintenance facility and 3.5-mile rail section at Orlando International Airport. The “Phase 2” expansion, which the company formerly known as […]

Miami Commercial Real Estate News May 15, 2019: Trump National in Doral Faltering; MiamiCentral Building Trades; Wynwood Assemblage Listed; More…

May 15, 2019 - Top Stories - 0 Comments - Standard

Live Nation Entertainment Becomes First Tenant of Office Building in Miami’s Wynwood Arts District Live Nation Entertainment has signed an 8,000-square-foot lease at Wynwood Annex at 215 NW 24 Street in Miami. East End Capital and The Related Group are developing Wynwood Annex, which is slated to open this summer and will offer 52,000 square […]

Miami Commercial Real Estate News May 8, 2019: Miami River, Edgewater Sites Hit Market; Spaces Leases on Brickell; More…

May 08, 2019 - Top Stories - 0 Comments - Standard

Miami River site in Brickell hits market, could sell for $90M One of the last remaining large-scale development sites in Miami’s Brickell neighborhood just hit the market – 99 Southwest Seventh Street, 625 Southwest First Avenue, and 66 Southwest Sixth Street  – and could fetch more than $90 million, according to the listing broker. The Trust of […]

Miami Commercial Real Estate News May 1, 2019: More Retail, Parking to Miami Worldcenter; Big Hialeah Mixed-Use Breaks Ground; Fed Holds Rates; More…

May 01, 2019 - Top Stories - 0 Comments - Standard

Hilton Hotel Replaces Spanish Brand at Downtown Miami Tower Along With $57M Refi The ME by Meliá hotel in downtown Miami at 1100 Biscayne Boulevard has been replaced by the Hilton-branded Gabriel with help from a $57 million bridge loan. “We wanted to move toward a more competitive U.S. brand, and the biggest in the world […]

Miami Commercial Real Estate News April 24, 2019: Another Amazon Facility Planned; Billionaire Buys in Wynwood; Sunny Isles and its Russians; More…

Apr 24, 2019 - Top Stories - 0 Comments - Standard

Amazon Plans New Facility In Miami Airport West Miami-Dade County missed out on Amazon.com’s HQ2, but it could gain a new delivery station for the e-commerce giant. Prologis filed a pre-application with county officials on March 20 to modify its warehouse at 6703 NW Seventh Street in a plan titled “Amazon Delivery Station.” Developers file […]

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

Miami Commercial Real Estate News April 17, 2019: $300 Million Development Planned at PortMiami by Royal Caribbean; More…

Apr 17, 2019 - Top Stories - 0 Comments - Standard

Royal Caribbean plans $300M office development at PortMiami Royal Caribbean Cruises Ltd. scored approval for a $300 million office complex at PortMiami. The Miami-based cruise company is looking to build a new headquarters that would house 4,200 employees, an increase from its current 2,200 employees. Royal Caribbean hired HOK, a St. Louis, Missouri-based architecture firm, to […]

Miami Commercial Real Estate News April 10, 2019: ZOM Buys to Develop at Miami Worldcenter; Considering Climate Risk; Developer Faces New Charges; More…

Apr 10, 2019 - Top Stories - 0 Comments - Standard

ZOM Living, Moinian Group Purchase Land to Develop 43-Story Apartment Tower in Miami Worldcenter ZOM Living and The Moinian Group have partnered to purchase the land necessary to develop Luma, a 43-story, 434-unit apartment community within downtown Miami’s Miami Worldcenter project. The joint venture plans to break ground in the coming weeks. Luma will offer […]

Miami Commercial Real Estate News April 3, 2019; Apartments, Hotel Rooms Coming to Blue Lagoon; Wennett’s Big Allapattah Project Gets First Commission Approval; More…

Apr 03, 2019 - Top Stories - 0 Comments - Standard

Miami’s Blue Lagoon Has 888 Apartments, 294 Hotel Rooms Coming The turquoise Blue Lagoon swimming hole in Jamaica is stunningly picturesque. Miami’s Blue Lagoon, just south of the international airport, is, uh, slightly less so, surrounded by boxy office buildings and efficient business hotels. That’s changing, though, as Miami last week approved a plan for […]

Miami Commercial Real Estate News March 27, 2019: Judge Upholds MLS Stadium Referendum; Hotel Rooms May Double; More…

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

Tommy Hilfiger to close stores in NY, Miami Beach Another Fifth Avenue fashion titan has announced it will shutter its flagship on the famed shopping strip, serving a reminder of the decline of brick-and-mortar retail. Tommy Hilfiger will close its 22,000-square-foot store at 681 Fifth Avenue, according to Women’s Wear Daily. The company will also reportedly […]