Dec 27, 2016 - 0 Comments - Top Stories -

Miami Commercial Real Estate News December 27, 2016: Top Office Deals of 2016; More…

Buying Landmarks: South Florida’s Biggest 2016 Office Deals

While glitzy new condo projects often steal the limelight, the five biggest office deals struck in South Florida during 2016 are showcased as well as the players who made them happen.

Why Are The World’s Top Real Estate Investors Risking Billions On Miami’s Riverfront Renaissance?

The Miami riverfront has long been the last remaining stretch of undeveloped waterfront property in a city where waterfront property is real estate gold—at least until recently.

Video: A New State of Mind in Downtown Miami

In this video published by the Miami Downtown Development Authority (Miami DDA) and produced by Reel City Films, living and working in downtown Miami is discussed.  A number of downtown Miami advocates are featured in this video, including: Leslie Pollack, an attorney with Kluger Kaplan; John…

PortMiami Approves Miami’s 79th Street Corridor As Foreign Trade Zone

The next step in the designation is the development of a business plan by the Foreign Trade Zone and the development of warehouse facilities.

Codina Partners Pays $28M For 55 Acres In Hialeah, Plans Warehouse Development

Returning to his roots in the industrial market, Armando Codina’s Beacon Logistics Park project plans building 1 million square feet of Class A distribution warehouses.

Doral’s First Mayor Is Back; Expected To Shift City Landscape

Newly elected to the office he held for nine years, Mayor Juan Carlos “JC” Bermudez hopes he’ll be able to reverse at least a few decisions Doral’s city government made about growth and development.

South Florida’s Biggest 2016 Office Deals

While glitzy new condo projects often steal the limelight, the five biggest office deals struck in South Florida during 2016 are showcased as well as the players who made them happen.

Massive Transformation Proposed In Part Of Miami’s Little Haiti With 28-Story Towers

On Dec. 21, the city’s Urban Design Review Committee will consider the site plan with a maximum development potential of 2,798 apartments, 418 hotel rooms, 283,798 square feet of commercial/retail space, and 97,103 square feet of office space.

Rents For Office Space In Florida Up Almost 10 Percent

Cushman & Wakefield said in a report released last week that the average square foot of office space statewide was renting for $32.26 – a 9.5 percent increase over last year.

Don’t lock out your tenant, even if the lease says so

A Florida landlord recently learned that “self-help” is not allowed for evicting a tenant, even if the parties’ lease says it is. In Palm Beach Florida Hotel and Office Building Limited Partnership v. Nantucket Enterprises, Inc., the parties’ lease supposedly allowed self-help…

Redesigned One Bayfront Plaza planned for downtown Miami

Miami’s skyline will look much different over the next decade Redesigned plans were filed by Florida East Coast Realty for One Bayfront Plaza, per South Florida Business Journal, bringing 902 apartments, 200 hotel rooms, 532,000 square feet of office space, 103,959 square feet of retail, and over…

LA-based Drybar inks first deal on South Beach

Southern California-based Drybar is opening its first Miami area location on South Beach. Drybar has leased 1,600 square feet at 1600 Collins Avenue #2, at the ground floor of the new Hyatt Centric South Beach Miami, next to Berkley…

South Florida homes are still growing more expensive at a steady clip

South Florida home buyers waiting for a price dip, don’t hold your breath. According to the latest report from the S&P CoreLogic Case-Shiller Indices, home prices in the region continued their years-long upward climb in October. The index, which tracks home sales…

Nightingale pays $80M for Miami Beach’s Lincoln Place office building

In yet another high-profile investment deal at the end of the year, the Nightingale Group just bought Miami Beach’s Lincoln Place office building for $80 million.
The purchase works out to roughly $571 per square foot for the seller, Cousins Properties, an Atlanta real estate…

These Leading Crowdfunding Platforms Are Changing The Real Estate Investment Game

Crowdfunding is on track to raise more than $30B this year, and while most platforms have something unique to offer, these five are leading the industry.

The Pritzker Prize, Architecture’s Elite.

The Pritzker Prize, only the crème de la crème of architects qualify for this honor. The Nobel Prize for architects shows homage to an architect whose work has portrayed dedication, out of the box thinking and talent. Miami for years, has become a personal favorite of the Pritzker family, which…

Miami’s Largest Office Building officially off the market.

Amancio Ortega -the world’s second-richest man according to Forbes. Founder of over 7000 ‘Zara’ stores in the world wide since 1975. With over $10 Billion worth of properties in his portfolio one might start to wonder how to spend it. What do you even buy for the man that has it…

Florida East Coast Realty Submits New Plan For Florida’s Tallest Tower

FECR’s re-submitted plans for One Bayfront Plaza will rise 92 stories soaring 1,049 feet tall.