Aug 06, 2015 - 0 Comments - Top Stories -

Miami Commercial Property News August 6, 2015

Keyes Commercial Realty

Keyes Commercial

If You Can’t Stand the Heat: South Florida’s Multifamily Residential Market On Blistering Pace

Even by the standards of South Florida’s multifamily housing market boom, multifamily builder ZOM has been on a tear. The Florida-based development firm broke ground a few days ago on another 43-story apartment tower, the final phase of the $1 billion Metropolitan project in downtown Miami.  Met…

Colliers Acquires Miami-Based Property Management Firm Pointe Group Advisors

In a move to deepen its bench in the strategic South Florida market, Colliers International Group Inc. (Nasdaq: CIGI) announced it has acquired Miami-based property management specialist Pointe Group Advisors.  Pointe Group Advisors manages 7 million square feet of office, industrial and retail

Doral lets Trump keep key to the city

Despite a decent showing of protesters, Doral city council voted 3-2 to let Donald Trump keep the key to the city.  Doral Vice Mayor Sandra Ruiz on Wednesday night proposed a motion to publicly denounce Trump for comments he made about Mexican immigrants and to take back the key to the city, which was presented to the business…

All Aboard Florida gets key vote to borrow $1.75 billion

All Aboard Florida won a pivotal vote Wednesday that will allow it to issue $1.75 billion in tax-exempt bonds to build a passenger railway from Miami to Orlando.  The unanimous decision by the Florida Development Finance Commission was an important hurdle for All Aboard Florida’s $2.25 billion project and increases…

Hart Commercial Brokers Sale Of Doral Office Building

 

The 24,430-square-foot office building is located in the heart of the Doral business district.

Reichel Realty Unlocks Value For Iberia Bank-Owned Miramar Property With Sale Of 8.5-Acre Outparcels

Over 18 months, the property was under contract 5 times.

The Rent is Too Damn High: Miami’s Average Rent Rose by $80 in 3 Months, in the Summer

The last time Curbed Miami published a Zumper National rent report, in May, Miami’s average rent was $1800 a month. Now, according to the latest Zumper rent report, for August 2015, the

Railroading: CSX Just Made East-West Rail Line a Lot More Expensive

CSX just made an 11 mile east-west Tri-Rail or Metrorail line along its Miami International Airport-bordering rail tracks significantly more expensive than the bargain basement $102 million estimated construction cost of the project, reports the Miami Herald. They don’t want to…