Dec 01, 2015 - 0 Comments - Top Stories -

Miami Commercial Real Estate News November 30, 2015: Commercial Land Increasing Double-Digits; Two Hotels to Sign at Mega Yacht Club; More…

Commercial land in double-digit rise

Miami’s commercial real estate market has seen land values escalate 10% to 15% year-over-year. While prices are rising throughout the county, Miami’s evolving sections such as the Design District, downtown Miami and Wynwood are particularly thriving.  Wynwood has seen the most dramatic in…

Beauty academy complex gets an ugly look

The first phase of a sweeping development of about 30 acres in the Wynwood Arts District has gained support of a city review board, but developer Moishe Mana hasn’t won over Wynwood Business Improvement District board members.  Miami’s Urban Development Review Board conditionally approved…

2 hotels set to sign at mega-yacht hub

Flagstone Property Group has lined up two major hotel chains for its Island Gardens mega resort along with major stores and restaurants, says Brian May, representing CEO and Chairman Mehmet Bayraktar.  Flagstone is developing a corner of city-owned Watson Island into a resort that includes a deepwater…

Doral Office Building More Than Doubles Value In Just 4 Years

 

Marcus & Millichap’s Douglas Mandel and Benjamin Silver negotiated the sale.

Little Haiti Blossoming as Wynwood Rents Soar

Little Haiti appears to be following in the footsteps of Wynwood as Miami’s next prominent neighborhood for art and real estate.  The New York Times ran a feature on the subject matter this week, with Brett Sokol writing the “signs of Little Haiti…

Catch Up With NAR’s Commercial Outlook For 4Q 2015

Packed full of well-presented national data on broad and specific trends in commercial real estate, it’s the latest installment of NAR’s Commercial Real Estate Outlook.  Flip through the pages right here, or download a file with the full contents at…

Titan Development Partners Sheds Dade-Commonwealth Building In Miami

The historic Dade-Commonwealth Building in Downtown Miami traded hands in a deal worth $9.2 million, or $212 per square foot.

Cuba’s telecommunications industry and Miami’s expanding Silicon Beach

The social and familial ties Miami has to Latin America are well known. What may be less obvious are its network connections. Miami is ranked as one of the top-five most connected cities in the world. Miami’s growing telecommunications industry, including the eMerge Americas movement, has earn…

This Retailer Arrived in Miami Just in Time

The Shops at Sunset Place just got a big score just in time for Black Friday.

Doral Office Doubles Sale Price in Four Years

“Doral has risen substantially on the interest scale across all sectors, driving transactions and pricing upward.”

Select Service Hotels Selling Like Hotcakes?

Holiday Inn Express & Suites, a 146-room hotel in the Hialeah-Miami Lakes, submarket, has traded hands. How does this fit into the broader market?

Do All Roads Lead to and Through Miami?

“Everything happens around MIA—it’s a real driver for the economy.”