Dec 17, 2015 - 0 Comments - Top Stories -

Miami Commercial Property News December 17, 2015

city_banner-1600x900Tri-Rail’s missing links downtown

Though for the past few months Tri-Rail’s planned link into downtown Miami has sat on a side track waiting for $17 million from the Florida Department of Transportation to come through, transportation officials are confident the project will reach fruition.  There are actually two missing links…

All-cash realty deals tumble

The percentage of cash transactions in the Miami residential realty market has trickled down over the past three years.  Within two years, the percentage of local cash deals dropped 10 percentage points, according to data provided by Ron Shuffield, president & CEO of EWM Realtors. Through November…

New apartments to affect historic district

A developer’s plan to build nearly 300 market-rate apartments in a neighborhood near the Miami River and the Northwest 12th Avenue Bridge has gained the support of the Miami River Commission.  The multi-family development planned by Mill Creek Residential Trust is to include one-, two- and three…

Healthcare Staffing Company Signs On For 107,000 SF

C&W Director Caroline Fleischer and Senior Director Addison Meriwether represented the tenant.

Planned Edgewater Project To Include Office, Retail

A Miami-based developer is in the initial stages of planning an 18-story mixed-use tower.

Miami’s 50-Plus Condos Under Construction in 2015, Mapped

2015 has been a year of considerable condominium building across South Florida. Our friends at E Miami Condos created a pretty and colorful map illustrating the 50-plus buildings under construction this year. The most crane-rich areas: Brickell (14), Midtown/Edgewater…

Eighty Seven Park Released New Stunning Renderings

Eighty Seven Park, the yet-to-be-built luxury North Beach condominium designed by Renzo Piano, released some new interior and exterior renderings and they certainly stun the eyes. The 68-unit tower comes to life in 2018 and has Million Dollar…

Geology Expert on Miami Beach’s Counter-Flooding Measures: Money Down the Drain

South Beach has a major flooding problem. Everyone knows it and with sea levels rising exponentially due to climate change, it’s obviously only going to get worse.  The New Yorker ran a feature on Miami’s flooding issues amid climate change. Within that…

Study: Mana Wynwood Plan Would Generate 30,000-Plus Jobs

Moishe Mana’s pre-approved plans for Mana Wynwood’s “Special Area Plan” have been detailed and they are ambitious and economy-boosting.  The project would span nearly 10 million square feet, include 24-story building and tally over 3,400 residential units. Most…

After the Dust Settles: Implications of Continued Development in South Florida

To say South Florida’s real estate market is “booming” would be an understatement. The massive interest in development throughout Miami and its surrounding cities continues to increase. To quantify just how large this interest is, the Miami Herald has recently reported that, since…

The Termination of Condo Terminations?

Condominiums were established in Florida in 1963. The condominium form of ownership in Florida has, therefore, been in effect for more than 50 years. An aging condominium stock sitting on valuable land gave rise to a modification of termination provisions in…

A New Architectural Landmark?

The firm has built over 2,000 residential units since entering Miami from Argentina in 2001. Find out what makes this one different.

JLL Acquires Tenants-Only Cresa South Florida

“What we have learned through this evaluation process is that JLL has a superior platform of resources…”