China City Residential Tower Is Challenged In Court
China City Construction recently got approval to build a residential tower in North Beach, but neighbors are asking for a court to overturn that approval. Records show that attorney Kent Harrison Robbins filed a Petition for Writ of Certiorari on May 20 in a Dade court. The petition is asking that approval of an Arquitectonica-designed…
Swire Acquires Lot Near Brickell City Centre for $2.5M
BCC Expansion? Could Brickell City Centre be expanding?
A tipster informed us an LLC connected to Swire Properties has recently purchased a plot of land at 158 Southwest 7th Street for $2.5 million, sitting a block away from the upcoming $1.05-billion Brickell City Centre. The 7,500-square-foot lot…
Suniland Shopping Center in Pinecrest Sells for $56M Profit
Purchased for $10.4M Terranova’s Suniland Associates Ltd. just sold Suniland Shopping Center for a whopping $66.5 million to Denver-based Dividend Capital Diversified Property Fund. The 82,000-square-foot property was originally purchased beginning 22 years ago in two transactions, notes the…
Miami Rents Dip Slightly in May, Remains No. 8 Nationally
$1,890 a month for one-bedrooms Miami remained at No. 8 in the latest Zumper National Rent Report, with median rents for one-bedroom units dropping slightly from $1,900 in April to $1,890 in May, which is still up 5 percent year over year. Two-bedroom units experienced a similar fate, dropping to…
Report: PGA Tour Leaving Trump Doral for Mexico City
Trump: “I hope they have kidnapping insurance” Donald Trump’s brash opinions apparently can have consequences. Trump National in Doral will no longer be hosting its annual PGA golf tournament because the tour couldn’t find a sponsor to replace Cadillac, reports the Miami Herald, echoing Donald…
Trump Doral loses PGA Tour to Mexico City
Trump National Doral has lost a major player: the PGA Tour. The PGA Tour is heading to Mexico City in 2017, according to multiple news sources, with no plans to return to South Florida. Doral has hosted the tournament…
Brown Harris Stevens in talks to acquire two more Miami brokerages
New York’s Brown Harris Stevens is on the verge of acquiring two more brokerages in its quest to solidify a sales pipeline between Miami and New York, including…
Brickell City Centre buys land for future expansion
With the opening date for Brickell City Centre’s retail portion drawing closer, Swire Properties has already set its sights toward the future. The developer has purchased a spit of land a block away from the development for $2.35 million with plans of integrating…
Former Greenberg Traurig attorneys open CRE-focused firm
Miami attorneys Anthony Casareale and James Carenza have teamed up and launched their own firm, Casareale & Partners. The commercial real estate-focused practice, located at 1000 Brickell Avenue, opened in March and focuses on…