Dec 15, 2015 - 0 Comments - Top Stories -

Miami Commercial Real Estate News December 12, 2015

Miami Tallest Tower Has Been Approved for Downtown

The Miami skyline continues its transformation after a yet-to-be-built (or named) condo on the former Miami World Towers site will feature Miami’s tallest building on its resume.  Property Markets Group, the developers behind Echo Brickell, received…

5-Year Lease Deal Negotiated With Hospitality Group

“This lease is the latest of several recent transactions we’ve represented in the South Florida marketplace, demonstrating a steady demand for office and office flex space in the service sector.” \

Aventura Office Condo To Feature Sky Lounge With Wet Bar

The 12-story project has received site-plan approval and is expected to break ground early next year.

JLL Picks Up Cresa South Florida to Expand in Hot Market

Like a baseball free agent coming off his best season and hoping to cash in with a new team, the Cresa South Florida firm has accepted a buyout offer from JLL, just as the market has become increasingly attractive for overseas-based companies entering the U.S. and expanding local businesses.  After…

Aventura Office Condo to Feature Sky Lounge With Wet Bar

Forum Aventura, a future 12-story “office condominium” with interior designs by Arquitectonica and landscape architecture by Roberto Rovira, has received site-plan approval and is expected to break ground early next year. Located across the street from Nordstrom…

Industrial Sector Growing More Sophisticated

At the third-quarter mark of 2015, US developers had delivered projects totaling more than 147 million square feet of space, a 40% increase from one year ago, and a 240% increase from just three years ago.

VIDEO: Aria on the Bay tower goes vertical

Vertical construction is underway at Aria on the Bay in Miami’s Edgewater neighborhood.  About 800 trucks completed a concrete foundation pour of more than 8,000 cubic yards of cement at the site of the 53-story tower, at 1170 North Bayshore Drive, in November. Now, construction crews have…

How One Extended-Stay is Responding to Urbanization

“This urban evolution has required the extended stay hotel product to bend and flex.”

Capital Markets Like These Retail Bets

“We have witnessed an increased appetite from both debt and equity providers…”

Savvy Investors Moving Quickly on This Trend

This time, it’s about Florida City.

Coral Gables Sees CRE Leasing Traction

“Tenants see value in being near Miami International Airport and are attracted to the area’s urban vibe and walkability.”

What to Expect in 2016

“Intense competition for the most popular products in primary markets, combined with diminishing supply and rising prices is forcing investors and developers to adjust.”