May 31, 2016 - 0 Comments - Top Stories -

Miami Commercial Real Estate News May 31, 2016: Michy’s Building Sells; Asian Investors Partner on Project; More

Michy’s building in MiMo to be purchased for $6M

A partnership between Michael Comras and Forte Capital Management’s Chaim Cahane paid $6.125 million for a retail building in Miami’s MiMo district, The Real Deal has learned.  The property is occupied by Michelle Bernstein’s Cena by Michy, as…

ASRR brings in Chinese, Hong Kong investors to partner on Miami project

ASRR Capital Ltd. — the publicly-traded Israeli company led by New York real estate moguls Alex Sapir and Rotem Rosen — has brought in Chinese and Hong Kong investors to partner in redeveloping the Miami Arts and Entertainment…

Clothing Company Inks 15,000 SF Lease, Brings Beacon Centre Building To Full Occupancy

State Street Realty President George Pino, SIOR and Associate Brian Cabielles represented the Landlord, Prologis, in the deal.

5 New Photos of East, Miami, Which Opens Today in Brickell City Centre

Swire’s flagship hotel in Brickell City Centre Architectural Digest ran a feature previewing East, Miami, Brickell City Centre’s signature hotel, which opens today.  The 40-floor hotel, designed by Miami-based firm Arquitectonica (exteriors) and New York-based Clodagh Design (interiors), flaunts an…

South Florida home price growth continues to fall in March: report

Once the nation’s poster region for exploding home prices, the growth of South Florida’s property price has started to downshift.  That trend has continued through March, according to the newly released S&P/Case-Shiller Housing…

National Association of Realtors bans Zillow from 2016 events

From the New York website: Zillow was conspicuously absent at the National Association of Realtors’ (NAR’s) midyear conference last week. And that was for a good reason: they weren’t allowed to come.  At the event, MLS CEO Cameron…

June 2016 Florida Real Estate Case Law Updates

By: Daniel T. Pascale, Esq.  Liquidated Damages Clause Enforced in Real Estate Contract.  San Francisco Distribution Center…

New-To-Market Company Plans 12 Locations In South Florida

The company is in the process of signing leases for eight locations in Miami-Dade and four in Broward with the first opening on Jan. 1.