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Commercial Real Estate News | March 21, 2015 | Metropolitan Miami

Keyes Commercial Realty Offices

Keyes Commercial Realty Offices

The Next Big Nabe: Is the Health District Miami’s…

Is the Health District Miami’s next big neighborhood? It’s getting an influx of money and development, including River Landing, it’s squished between a few other areas primed for a rebound, like Little Havana and the Miami River, and the Health District is a huge job center with…

Growing condo supply worth monitoring in Aventura, Sunny Isles Beach

A luxury condo builder has sold off a “prime” development site in Aventura. How is the Aventura condo market doing at this time?  Aventura is a 20-year-old city with more than 37,000 residents that is best known for a megamall, a golf resort and some…

Falcone plans to knock down Fashion Mall, add resi, office, retail and restaurants

The new owner of the vacant Fashion Mall in Plantation plans to redevelop it as a mixed-use property with residential units, office space, shops and restaurants, The Real Deal has learned.  “Today’s demographics are looking for what we call a li…”

Banker’s Row buildings to head to foreclosure auction

Two office buildings on Banker’s Row in Palm Beach are reportedly set to be auctioned off online. FJK Properties and FJK III Properties lost a nearly $11 million foreclosure judgment, according to a published report, against…

Law firm renews 24K sf lease at Miami Center

Law firm Hughes Hubbard & Reed renewed its lease at Miami Center, Crocker Partners announced Friday.  The 10-year lease renewal includes 24,000 square feet on the entire 25th floor of the tower in downtown Miami.

New York investor buys Pompano Beach shopping center for $46M

A New York-based investor and developer just picked up a shopping center in Pompano Beach for $46.8 million.
Katz Properties closed on the 239,000-square-foot Pompano Marketplace shopping center, marking their second major retail purchase in Southeast Florida.

Bankruptcy judge approves $37.7M sale of Fashion Mall

Judge John K. Olson today approved a $37.7 million sale of the vacant Fashion Mall in Plantation to an entity affiliated with Encore Housing Opportunity Fund, which made the winning bid in a bankruptcy auction Thursday.
“The trustee is pleased for the…”

Bankruptcy Judge Bashes Duane Morris

Judge John Olson was upset about a draft order submitted by the firm to decide a motion rather than grant a continuance in a long running real estate fight over Plantation’s Fashion Mall…

Three big projects proposed in Palm Beach County

Three significant development projects have been submitted in the unincorporated region of Palm Beach County in recent weeks.  The two residential and one commercial project are being considered by the county’s planning…

WSJ: The Race to the $100 Million Spec House

When Shelly and Avi Osadon set out to build their dream house on a hillside lot in Beverly Hills, Calif., they commissioned a custom chandelier with 25 handblown glass balls for the entryway. They installed $5,000 “hands-free” toilets with heated seats in most of the home’s 10 bathrooms…