Category: Top Stories

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at Downtown Miami Tower Along With $57M Refi The ME by Meliá hotel in downtown Miami at 1100 Biscayne Boulevard has been replaced by the Hilton-branded Gabriel with help from a $57 million bridge loan.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 […]

Miami Commercial Real Estate News March 20, 2019: Wawa Opening First Three Miami-Dade Stores; Green Light for North Miami Mixed Use Project; More…

Mar 20, 2019 - Top Stories - 0 Comments - Standard

Miami Developer Charged in Bribery Case Wants to Funnel Magic City Money to His Kids Too This past Tuesday, Miami developer Robert Zangrillo was charged with crimes as part of a national FBI investigation into rich Americans who bribe colleges into admitting their spoiled, underperforming kids. Zangrillo allegedly paid an intermediary to make it appear […]

Miami Commercial Real Estate News March 13, 2019: Magic City Innovation District Investor Indicted; Kushner Launching $550 Mil Project in Edgewater; More…

Mar 13, 2019 - Top Stories - 0 Comments - Standard

Kushner Launching First Miami Project: A $550M Apartment Complex The Kushner Cos. is launching a major apartment project in Miami, Bisnow has learned, the first in Florida for the third-generation real estate business. Courtesy of Dorsky + Yue International Rendering of 2000 Biscayne Boulevard, an upcoming project in Miami from Kushner Cos. Kushner Cos., the […]

Miami Commercial Real Estate News March 6, 2019: Magic City Vote Delayed; Swanson Foods Heir Buys in Little River; Michaels Building on Alton Road Listed; More…

Mar 06, 2019 - Top Stories - 0 Comments - Standard

TV dinner scion buys Little River site in Opportunity Zone An entity tied to an heir of the Swanson food fortune just picked up three parcels in a designated Opportunity Zone site in Miami’s Little River… for $5.6 million, with plans for a 7-Eleven. SP Miami, which is connected to W. Clarke Swanson Jr. bought […]

Miami Commercial Real Estate News February 27, 2019: Raleigh Hotel Sells for $103 Mil, 1 Hotel South Beach for $610 Mil; Key Approval Obtained for Health District Apartments; More…

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

Joint Venture Purchases Historic Raleigh Hotel on Miami Beach for $103 Million A joint venture between SHVO, Bilgili Holding and Deutsche Finance America has purchased the Raleigh Hotel in Miami for $103 million. The 83-room hotel is situated in South Beach, about 10 miles east of downtown Miami, and is known for its beachside swimming […]

Miami Commercial Real Estate News February 20, 2019: 1 Hotel South Beach Sells for $610 Mil; Amazon Warehouse Trades; More…

Feb 20, 2019 - Top Stories - 0 Comments - Standard

Host Hotels buys Sternlicht’s 1 Hotel South Beach for $610 million, setting new record Host Hotels paid $610 million for 1 Hotel South Beach, marking a new per-room record for Miami-Dade hotel sales at $1.42 million a key. Barry Sternlicht’s Starwood Capital Group and LeFrak sold the luxury beachfront hotel at 2341 Collins Avenue, according to […]

Miami Commercial Real Estate News February 13, 2019: Wennet’s Allapattah Project Wins Approval; 236-Unit Multifamily Break Ground; More…

Feb 13, 2019 - Top Stories - 0 Comments - Standard

Robert Wennett wins Miami board approval for massive, mixed-use project in Allapattah Robert Wennett’s proposed massive mixed-use project in Allapattah, which could include the only co-living spaces currently allowed in Miami, is a step closer to becoming a reality. Miami’s Planning, Zoning, and Appeals Board backed the development of… The Miami Produce Special Area Plan, a […]

Miami Commercial Real Estate News February 6, 2019: $100 Million Opportunity Zone Multifamily Development Planned; Mill Creek Closes on Edgewater Site; More…

Feb 06, 2019 - Top Stories - 0 Comments - Standard

PTM Partners, EIG Acquire Opportunity Zone in Miami, Plan $100 Million Multifamily Development PTM Partners and Estate Investment Group (EIG) have acquired a 1.3-acre parcel in Miami’s Overtown neighborhood for $9.7 million. The joint venture plans to develop a $110 million, 18-story, 360-unit apartment complex at the site called Soleste Grand Central. The 220,000-square-foot project […]

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

Miami Commercial Real Estate News January 30, 2019: More Legal Challenges to Beckham’s Stadium; Brickell City Centre Expansion OK’d; More…

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

Brickell City Centre OK’d for major expansion Brickell City Centre is poised for another major growth spurt, adding 972 residences in two towers, stores and entertainment venues, parking, a ground-level plaza, and enhancements around the South Miami Avenue Bridge. The sweeping development from Swire Properties Inc. continues to transform the Miami neighborhood south of the Miami […]