Jul 21, 2015 - 0 Comments - Top Stories -

Miami Commercial Real Estate News July 21, 2015

Keyes Commercial RealtyLululemon, Cole Haan, 2 more retailers announce space at Brickell City Centre

Brickell City Centre on Tuesday announced five more brands that have claimed storefronts at the massive mixed-use development. They include fitness apparel chain Lululemon Athletica, Italian casualwear brand Harmont & Blaine, American lifestyle retailer Cole Haan, handmade Italian sunglasses retailer Illesteva and Colombian…

Lennar sues family of Atlanta developer Wayne Mason for $137M

A subsidiary of Lennar Corp. is suing the family of Atlanta developer Wayne Mason for $137 million that Mason allegedly “fraudulently transferred” to them to keep it from going to creditors.  In an amended lawsuit filed July 17 in federal court in Atlanta, a subsidiary of Miami-based home building giant Lennar Corp. (NYSE: LEN) claims…

Class A Miami Office Building Goes On The Block

The asset is listed for $38,000,000.

Wynwood-ish Murals Come to South-of-Fifth’s Marriott Stanton

South-of-Fifth, the enclave of South Beach where the expensive minimalist white look is more of a thing than exuberant walls of color now has a few… exuberant walls of color, albeit temporary ones. The Marriott Stanton South Beach has commissioned local street artists to paint wall murals on the…

Uber leases office on Brickell for Miami headquarters

Uber parked its Miami headquarters at Brickell City Tower.  The San Francisco-based ride-sharing service signed a 9,333-square-foot lease in the 33-story tower at 80 S.W. 8th Street. Blanca Commercial Real Estate’s Danet Linares and Alexander Cahlin represented the landlord while CBRE’s Shay Pope represented Uber in the deal.

Arrested Development: Miami’s Planning Dept. Killing Fairholme Capital Art Museum

The situation with Bruce Berkowitz’s Fairholme Capital private art museum, which the art collector plans (planned?) to establish on Biscayne Boulevard, is at a standstill. People at the city say they want it but, despite a redesign with a two-building configuration to…

National Commercial Real Estate Roundup For July 20, 2015

Department of Energy needs your help, options and collaboration remain key in today’s office, brick and mortar retail boom time, multifamily fund surpasses $1 billion and more. It’s all here at the Commercial Real…

Private REIT picks up nearly 10 acres in Medley

Medley site, Roger Langer Jr. and Roger E. Langer, and James Martell, chaiman and CEO of Ridge Property Trust.
A Chicago-based real estate investment trust paid $5.3 million for vacant land in Medley, according to a deed recorded in Miami-Dade County on Monday.  Langer Holdings Corp. sold the 9.75-acre…

Self-Storage Sells at Record Price

“The seller did a phenomenal job maintaining the facility and it will make a tremendous addition to the buyer’s portfolio.”

Moishe Mana Strikes in Miami Again

The CRE team worked through various obstacles to get the deal done. Get all the details.

Class A Downtown Office Building Hits Market

 

M&M says the building is posed to take advantage of Downtown Miami’s explosive growth.

Will Call Miami Closes Down to Make Room for Miami Worldcenter

Love it or hate it, everyone knew about Will Call. The hybrid music venue perched at the doorstep of the American Airlines Arena for the last four years was many things to many people. But now, Will Call Miami is officially closed down, its doors shut, bar emptied. Modeled to be a great rock & roll venue, Will Call served the needs of many…