Tri-Rail’s missing links downtown

Though for the past few months Tri-Rail’s planned link into downtown Miami has sat on a side track waiting for $17 million from the Florida Department of Transportation to come through, transportation officials are confident the project will reach fruition.  There are actually two missing links…

All-cash realty deals tumble

The percentage of cash transactions in the Miami residential realty market has trickled down over the past three years.  Within two years, the percentage of local cash deals dropped 10 percentage points, according to data provided by Ron Shuffield, president & CEO of EWM Realtors. Through November…

New apartments to affect historic district

A developer’s plan to build nearly 300 market-rate apartments in a neighborhood near the Miami River and the Northwest 12th Avenue Bridge has gained the support of the Miami River Commission.  The multi-family development planned by Mill Creek Residential Trust is to include one-, two- and three…

Healthcare Staffing Company Signs On For 107,000 SF

C&W Director Caroline Fleischer and Senior Director Addison Meriwether represented the tenant.

Planned Edgewater Project To Include Office, Retail

A Miami-based developer is in the initial stages of planning an 18-story mixed-use tower.

Miami’s 50-Plus Condos Under Construction in 2015, Mapped

2015 has been a year of considerable condominium building across South Florida. Our friends at E Miami Condos created a pretty and colorful map illustrating the 50-plus buildings under construction this year. The most crane-rich areas: Brickell (14), Midtown/Edgewater…

Eighty Seven Park Released New Stunning Renderings

Eighty Seven Park, the yet-to-be-built luxury North Beach condominium designed by Renzo Piano, released some new interior and exterior renderings and they certainly stun the eyes. The 68-unit tower comes to life in 2018 and has Million Dollar…

Geology Expert on Miami Beach’s Counter-Flooding Measures: Money Down the Drain

South Beach has a major flooding problem. Everyone knows it and with sea levels rising exponentially due to climate change, it’s obviously only going to get worse.  The New Yorker ran a feature on Miami’s flooding issues amid climate change. Within that…

Study: Mana Wynwood Plan Would Generate 30,000-Plus Jobs

Moishe Mana’s pre-approved plans for Mana Wynwood’s “Special Area Plan” have been detailed and they are ambitious and economy-boosting.  The project would span nearly 10 million square feet, include 24-story building and tally over 3,400 residential units. Most…

After the Dust Settles: Implications of Continued Development in South Florida

To say South Florida’s real estate market is “booming” would be an understatement. The massive interest in development throughout Miami and its surrounding cities continues to increase. To quantify just how large this interest is, the Miami Herald has recently reported that, since…

The Termination of Condo Terminations?

Condominiums were established in Florida in 1963. The condominium form of ownership in Florida has, therefore, been in effect for more than 50 years. An aging condominium stock sitting on valuable land gave rise to a modification of termination provisions in…

A New Architectural Landmark?

The firm has built over 2,000 residential units since entering Miami from Argentina in 2001. Find out what makes this one different.

JLL Acquires Tenants-Only Cresa South Florida

“What we have learned through this evaluation process is that JLL has a superior platform of resources…”

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.”

New committee could shape Virginia Key

The fate of Virginia Key could be shaped by a new advisory body proposed by Miami City Commissioner Francis Suarez.  The city commission is set to consider the first reading of an ordinance to create a Virginia Key Steering Committee during today’s (12/10) regular meeting.  The proposed advisory…

Riverside dining, fish market deal cruises ahead

A plan to turn riverfront land into a culinary destination and fresh fish market has the backing of Miami city commissioners and the Miami River Commission.  On Monday the river commission unanimously supported the proposal, and the matter returns to the city commission today (12/10) for approval of…

Port bonanza in extended cruise contracts

County commissioners have unanimously authorized administrators to extend agreements with Geneva-based MSC Cruises and London’s Disney Cruise Line to expand their operations at PortMiami, bringing an expected $9.6 million and $7.8 million in revenue, respectively, in the next two years, with…

Transit-oriented development rolls ahead

A planned transit-oriented development that would bring new residential and commercial uses near the northern edge of the City of Miami earned initial approval from city commissioners.  The Upper East Side site fronts directly on Northeast 82nd Street, as is being considered for a mixed-use development…

$1 Million Warehouse Condo Sale Closed

“It’s Real Estate 101”, said Stigliano. “The first prospective buyer to call is the next door neighbor” and sure enough that was the case in the $1.05 million sale.

Law Firm Relocates HQ, Inks 15,000 SF Lease

The 28-lawyer firm moved from where it’s been based since 1970.

38-Acre Redevelopment Site Purchased For $6.7 Million

Hialeah Park Racing and Casino owner John Brunetti made the purchase.

Regalia Developers to Build 77 Story, Mixed Use Tower on Biscayne Blvd

Sound Hospitality Management sold the Holiday Inn at 340 Biscayne Blvd. in Miami, FL for $65 million, or $325,000 per room, to Regalia Developers.  The buyer intends to tear down the existing structure and build a 77-story, mixed-use tower in its place. The proposed World Trade Center of the…

Perez on a Miami Market Slowdown: “We’re seeing it now”

Is Related Group CEO Jorge Perez worried the Miami housing market is in another bubble?  “Yes I think we’re building a lot,” Perez tells Bloomberg in an interview with topics ranging from art to real estate. “Perhaps we’re getting a little bit ahead of the demand. Nevertheless, remember…

Miami Rents Continue to Soar in November

Rent in Miami continues to rise as the city ranked ninth nationally in one-bedroom median rents across the country for the second consecutive month, according to the latest report from Zumper. The data shows one-bedroom median rents rose rose to $1,890, indicating a $20 increase in each of the last…

Stylish One Bay Residences is Coming to the Design District

There’s an interesting new development about to break ground in the Design District called One Bay Residences. The upscale residential development of 38 modern, multi­story luxury townhomes is set to begin construction later this month with occupancy slated for…

Moishe Mana’s $4.6M Deal Ups Downtown Miami Holdings To 38 Properties

Owning 805,543 square feet of property acquired in the past 20 months, Mana is close to completion of his assembly and working on a master plan to propel Miami into a global hot spot.

Miami Beach voters to decide on convention center hotel

Miami Beach commissioners on Wednesday approved putting a measure on next year’s ballo

Video of Jorge Perez on the Miami market slowdown

Related Group CEO Jorge Perez hosted a Bloomberg Go reporter in his art-filled Coconut Grove home, where he talked about whether Miami is facing another housing bubble.  “I think we’re building a lot,” Perez said. “Perhaps we’re getting a little bit ahead of the demand.

Firm Taps Into Lifestyle Retail Rush

The firm has picked up 11 new retail assignments totaling over 1 million square feet in recent months….

Valuation Expert Wrestles Attorney Over ‘Proof’

“Success or failure may be judged by longer-term operation and financial performance, not by 90 days of move-ins.”

Will Miami, Broward seaports converge?

Two former rivals recently joined forces in an alliance to stave off competition from neighboring West Coast ports. The Ports of Seattle and Tacoma created the Northwest Seaport Alliance in August aiming to regain market share in what has become an increasingly competitive seaport industry. Port Everglades…

New look for Grove waterfront

Miami officials are moving ahead with contracts to begin a major rebuilding of the Coconut Grove waterfront that will add a parking garage hugged by retail shops. City commissioners took three steps Nov. 19 to advance the Grove Bay project. They approved an agreement between the city and the Miami…

Decades of plans become surgery hub

For years physicians at Nicklaus Children’s Hospital, formerly Miami Children’s, pondered the idea of creating a freestanding pediatric surgery center devoted solely to South Florida’s young population in need of quick outpatient surgery services. The concept came to fruition this…

Key tennis stadium goes to court

A three-judge Third District Court of Appeal panel is to hear oral arguments Dec. 9 concerning control of Key Biscayne’s Crandon Park, where the Miami Open tennis tournament has been played since 1987. At issue next week in this ongoing litigation is tournament organizer International Players…

Residential construction in slowdown

The last three months of the year are pointing to weaker construction activity, specifically within the residential realm, as fewer major projects are predicted to break ground within the next month compared to last year, when a number of mega-projects began development in November and December.

Class A Coral Gables Office Portfolio Trades

Deutsche Asset & Wealth Management has acquired the two-building, 326,415-square-foot portfolio.

20,000 SF Office Lease Negotiated

Berger Commercial Realty represented the landlord in the purchase of the office building as part of a portfolio acquisition last year. Since then, Byrnes and Dabrowski have grown its occupancy by 25 percent.

Uruguayan Investor Buys Nearly An Entire Block North Of Downtown Miami

In 2005, the Urbana condo tower was proposed for the site.

Oakland Park Property Sold To Flanigan’s For Nearly $1 Million

Berger Commercial’s St. George Guardabassi and Keith Graves negotiated the sale of former Ike’s Carter Pool Company building.

235,000 SF Office/Flex Portfolio Acquired For $18 Million

The buildings present considerable upside potential, with an available 111,296 of space ready to be leased.

Deutsche Asset & Wealth Management Acquires The Alhambra

On behalf of an overseas institutional investor, Deutsche Asset & Wealth Management (Deutsche AWM) has acquired The Alhambra office campus in Coral Gables, FL through its Alternatives and Real Assets (ARA) business platform. The two-building, 326,415-square-foot portfolio is comprised of the…

Quirch Foods Leases 30,000 SF in Coral Gables

Quirch Foods, a regional and international food distribution company, signed a lease for 30,000 square feet of office space in the Bacardi Building at 2701 S. Le Jeune Rd. in Coral Gables, FL. The 15-story, 4-Star office building totals 251,464 square feet and was built in 2009 on two-thirds…

City of North Miami Sells 55 Acres for $21.9M

Turnberry Associates and LeFrak acquired 55 acres at 1501 Biscayne Blvd. in North Miami, FL for $21.88 million, or approximately $398,000 per acre, from the City of North Miami. 15051 Biscayne Blvd. is approved for 4,390 multifamily units. Development plans include more than 1 million square feet…

Frontgate Opening in South Miami

Frontgate, a retailer of high-end home furnishings, leased 23,000 square feet in The Shops at Sunset Place located at 5701 Sunset Dr. in South Miami, FL. The three-story, 408,000-square-foot shopping center was constructed in 1999 on 8.2 acres in the Kendall submarket. Frontgate will be occupying…

Fort Lauderdale is Booming – $1.5 Billion in Development

You can’t drive through South Beach, Downtown Miami or Brickell anymore without the sea of cranes and construction impeding your view. Head north along I-95 and you’ll see firsthand Fort Lauderdale is amid a dynamic transformation…

Art and real estate converge as Art Basel kicks off

Amid the launch of Art Basel Miami Beach on Wednesday, Related Group’s Jorge Perez had already scooped up a painting and photography collage for his collection. Dacra’s Craig Robins also made purchase…

RK Centers pays $28M for Coral Springs shopping plaza

RK Centers, a South Florida company known for its retail holdings, just inked a $28.15 million deal for the Coral Palm Plaza in Coral Springs. The retail strip was built in 1986 and is located at 2015-2153 University Drive. It…

Worker killed at Edgewater condo project

UPDATED 12/2/2015 6:40 p.m. A construction worker was reportedly killed Wednesday in an accident at the site of Biscayne Beach, an upcoming condo tower in Miami’s Edgewater neighborhood. The worker was hit by a pi…

Miami Art Week: Thor leases Wynwood space for murals, beer garden

Thor Equities is leasing space in Wynwood to Smashed Canvas, a pop-up, open-air art installation, beer garden and event venue during Miami Art Week. The New York-based company, led by Joseph Sitt, told The Real Deal it has leased 2801 Northwest Third Avenue to Minimax…

Billionaire developer pays $44M for West Palm apartments

A company tied to billionaire developer Igor Olenicoff just sealed a $44 million deal to purchase a West Palm Beach apartment community. The deal includes Ibis Reserve, an apartment complex with 234 units at 8300 Ibis Reserve Circle. AMLI Residential…

Wynwood gets a fresh coat of paint during Miami Art Week

The streets of Wynwood were packed on Tuesday evening with artists and visitors at the launch of Miami Art Week.
Wynwood Properties held a VIP opening event for Walls of Change, the debut of new murals at the Wynwood…

Artists chosen for revamped Miami Beach Convention Center

Sculptures, glass panels, a tile installation and a mural will adorn a revamped Miami Beach Convention Center when it completes its two-year expansion project. Six international artists have been selected to create site-specific works of…

New renderings of Fasano Hotel + Residences at Shore Club

New renderings of the planned Fasano Hotel + Residences at Shore Club have been released this week. Brazilian architect Isay Weinfeld is leading the redevelopment of the Shore Club, which will reopen as a Fasano…

Brickell City Centre puts spotlight on the Climate Ribbon

The developers of Brickell City Centre kicked off Art Basel celebrations by hosting a champagne bash Tuesday night to showcase the newly finished Climate Ribbon. Hundreds of real estate professionals gathered in…

‘Once-in-a-Lifetime’ Miami Beach Land Auction

“We look at this like a blank canvas with the opportunity to create something different, high-end, stylish and in vogue.”

AKREA Reenters South Florida With a Bang

The deal marks AKREA’s second acquisition in Fund III, which launched earlier this year and has raised $53 million in new capital.

Creating CRE Opportunities Where They Don’t Exist

“Many times I find myself driving down a street and seeing an incredible vacant parcel, or underutilized property…”

SunTrust Exec Cites ‘Huge Appetite’ in This Sector

“Both investors and tenants are also attracted to these developments…”

These (Flood) Losses Could Average $1B by 2050

MIAMI—It’s almost mind-boggling….

10 Acres In Miami Airport West Sells For $9.1 Million

The property is one of the last ±10-acre assemblages of land in the Miami Airport submarket.

Cushman & Wakefield Recruits Capital Markets Team from CBRE

Cushman & Wakefield has added one of the largest capital markets teams in Florida. Led by Scott O’Donnell, executive director and Dominic Montazemi, senior director, the nine-person team joins from CBRE.  Joining O’Donnell and Montazemi are Jason Hochman, senior director, Miguel…

JLL’s Don Cartwright sheds light on the present and future of Miami’s office market

Miami’s maturity as an international city makes it a very attractive place where companies, particularly with Latin American connections, want to have an office or regional presence. But its emergence as an international gateway also makes it vulnerable to global economic turmoil. With so much…

1 Hotel South Beach Launches Alluring Penthouse Collection

South Florida’s latest “it hotel” in the eco-friendly – and dog friendly – 1 Hotel and Homes South Beach has raked in $200 million in sales after blowing through their standard residential units, now unleashing a portion of their 29-unit penthouse…

MLS Gives Beckham Thumbs Up on Overtown Site

David Beckham’s dream of bringing Major League Soccer to Miami has made massive strides in recent days after sweeping periods of turbulence, with the league’s governing board approving the proposed Overtown stadium site over the weekend. Beckham’s group has about nine acres of…

David Beckham Secures Overtown Site for Stadium

David Beckham looks like he’s taking his talents to Overtown.  The man behind the increasingly challenging mission of bringing a Major League Soccer franchise to Miami announced via statement on Friday the site will be in Overtown, on 650 Northwest 8th Street, seven blocks east…

Brickell City Centre Reveals Largest Retailer Lineup To Date

Swire Properties Inc, cap off Brickell City Centre’s 2015 retail announcements with its largest lineup of luxury and premium retail tenants set to join the open-air shopping center under construction in the heart of Brickell.  The list includes coveted luxury brands, international household…

Latest trends in Downtown Real Estate Market

The latest results from the Miami Downtown Development Authority‘s ongoing residential market research are in and the findings may spell good news for renters.  A new report surveying development in and around Miami’s urban core found that nearly 90 percent of the new residential units…

Commercial Real Estate National News Roundup (Retail Edition) For Dec. 7, 2015

Black Friday and Cyber Monday have come and gone and the season that makes or breaks the retail books is upon us.  What are the must-read retail property stories from the big and the not-so-big markets?  They’re all right here in the Retail Edition of…

Video: How To Buy A 13-Unit Apartment Building

Matt Faircloth of New Jersey’s Derosa Group is a small real estate investor getting bigger, and he took some time to make a good video about how.  Getting investors together for a 13-unit multifamily property represented a big milestone – one that many in the residential space…

Risk & Finance Survey: Grocery Anchors Worth Avg 35 Basis Points

In the commercial property finance ecosystem, the cost of money is tied to widely used benchmarks such as the federal funds rate. Ongoing rumblings from watchers of the Fed are that the cost of money — aka the Fed’s funds rate — are soon…

CREC Closes Unusual Bulk Condo Deal

“This transaction and other recent non-core apartment sales speak to private capital’s strong appetite for cash flow generated from multifamily assets.”…

Can Mixed-Income Multifamily Really Work?

But Keith Poliakoff, who co-chairs Arnstein & Lehr’s Government Relations Practice Group in Fort Lauderdale, shares proof in this interview.

CushWake on Massive Recruiting Roll

CushWake recently hired one of the largest Capital Markets teams in South Florida—and more….

One of the Last 10-Acre Assemblages Sells

“We are in the midst of a demand-driven market in the industrial sector with very few remaining parcels of land for industrial use…”

CREC Completes $17 Million Bulk Condo Sale

With this transaction, Peter Mekras has closed three South Florida multifamily transactions representing 692 units and $70 million in the last ninety days.

CBRE Capital Markets Team Joins C&W

Earlier this month, CBRE’s prominent Broward office leasing team led by Deanna Lobinsky and Travis Herring joined the firm.

Will Miami, Broward seaports converge?

Two former rivals recently joined forces in an alliance to stave off competition from neighboring West Coast ports. The Ports of Seattle and Tacoma created the Northwest Seaport Alliance in August aiming to regain market share in what has become an increasingly competitive seaport industry. Port Everglades…

New look for Grove waterfront

Miami officials are moving ahead with contracts to begin a major rebuilding of the Coconut Grove waterfront that will add a parking garage hugged by retail shops. City commissioners took three steps Nov. 19 to advance the Grove Bay project. They approved an agreement between the city and the Miami…

Decades of plans become surgery hub

For years physicians at Nicklaus Children’s Hospital, formerly Miami Children’s, pondered the idea of creating a freestanding pediatric surgery center devoted solely to South Florida’s young population in need of quick outpatient surgery services. The concept came to fruition this…

Key tennis stadium goes to court

A three-judge Third District Court of Appeal panel is to hear oral arguments Dec. 9 concerning control of Key Biscayne’s Crandon Park, where the Miami Open tennis tournament has been played since 1987. At issue next week in this ongoing litigation is tournament organizer International Players…

Residential construction in slowdown

The last three months of the year are pointing to weaker construction activity, specifically within the residential realm, as fewer major projects are predicted to break ground within the next month compared to last year, when a number of mega-projects began development in November and December.

Class A Coral Gables Office Portfolio Trades

Deutsche Asset & Wealth Management has acquired the two-building, 326,415-square-foot portfolio.

20,000 SF Office Lease Negotiated

Berger Commercial Realty represented the landlord in the purchase of the office building as part of a portfolio acquisition last year. Since then, Byrnes and Dabrowski have grown its occupancy by 25 percent.

Uruguayan Investor Buys Nearly An Entire Block North Of Downtown Miami

In 2005, the Urbana condo tower was proposed for the site.

Oakland Park Property Sold To Flanigan’s For Nearly $1 Million

Berger Commercial’s St. George Guardabassi and Keith Graves negotiated the sale of former Ike’s Carter Pool Company building.

235,000 SF Office/Flex Portfolio Acquired For $18 Million

The buildings present considerable upside potential, with an available 111,296 of space ready to be leased.

Deutsche Asset & Wealth Management Acquires The Alhambra

On behalf of an overseas institutional investor, Deutsche Asset & Wealth Management (Deutsche AWM) has acquired The Alhambra office campus in Coral Gables, FL through its Alternatives and Real Assets (ARA) business platform. The two-building, 326,415-square-foot portfolio is comprised of the…

Quirch Foods Leases 30,000 SF in Coral Gables

Quirch Foods, a regional and international food distribution company, signed a lease for 30,000 square feet of office space in the Bacardi Building at 2701 S. Le Jeune Rd. in Coral Gables, FL. The 15-story, 4-Star office building totals 251,464 square feet and was built in 2009 on two-thirds…

City of North Miami Sells 55 Acres for $21.9M

Turnberry Associates and LeFrak acquired 55 acres at 1501 Biscayne Blvd. in North Miami, FL for $21.88 million, or approximately $398,000 per acre, from the City of North Miami. 15051 Biscayne Blvd. is approved for 4,390 multifamily units. Development plans include more than 1 million square feet…

Frontgate Opening in South Miami

Frontgate, a retailer of high-end home furnishings, leased 23,000 square feet in The Shops at Sunset Place located at 5701 Sunset Dr. in South Miami, FL. The three-story, 408,000-square-foot shopping center was constructed in 1999 on 8.2 acres in the Kendall submarket. Frontgate will be occupying…

Fort Lauderdale is Booming – $1.5 Billion in Development

You can’t drive through South Beach, Downtown Miami or Brickell anymore without the sea of cranes and construction impeding your view. Head north along I-95 and you’ll see firsthand Fort Lauderdale is amid a dynamic transformation…

Art and real estate converge as Art Basel kicks off

Amid the launch of Art Basel Miami Beach on Wednesday, Related Group’s Jorge Perez had already scooped up a painting and photography collage for his collection. Dacra’s Craig Robins also made purchase…

RK Centers pays $28M for Coral Springs shopping plaza

RK Centers, a South Florida company known for its retail holdings, just inked a $28.15 million deal for the Coral Palm Plaza in Coral Springs. The retail strip was built in 1986 and is located at 2015-2153 University Drive. It…

Worker killed at Edgewater condo project

UPDATED 12/2/2015 6:40 p.m. A construction worker was reportedly killed Wednesday in an accident at the site of Biscayne Beach, an upcoming condo tower in Miami’s Edgewater neighborhood. The worker was hit by a pi…

Miami Art Week: Thor leases Wynwood space for murals, beer garden

Thor Equities is leasing space in Wynwood to Smashed Canvas, a pop-up, open-air art installation, beer garden and event venue during Miami Art Week. The New York-based company, led by Joseph Sitt, told The Real Deal it has leased 2801 Northwest Third Avenue to Minimax…

Billionaire developer pays $44M for West Palm apartments

A company tied to billionaire developer Igor Olenicoff just sealed a $44 million deal to purchase a West Palm Beach apartment community. The deal includes Ibis Reserve, an apartment complex with 234 units at 8300 Ibis Reserve Circle. AMLI Residential…

Wynwood gets a fresh coat of paint during Miami Art Week

The streets of Wynwood were packed on Tuesday evening with artists and visitors at the launch of Miami Art Week.
Wynwood Properties held a VIP opening event for Walls of Change, the debut of new murals at the Wynwood…

Artists chosen for revamped Miami Beach Convention Center

Sculptures, glass panels, a tile installation and a mural will adorn a revamped Miami Beach Convention Center when it completes its two-year expansion project. Six international artists have been selected to create site-specific works of…

New renderings of Fasano Hotel + Residences at Shore Club

New renderings of the planned Fasano Hotel + Residences at Shore Club have been released this week. Brazilian architect Isay Weinfeld is leading the redevelopment of the Shore Club, which will reopen as a Fasano…

Brickell City Centre puts spotlight on the Climate Ribbon

The developers of Brickell City Centre kicked off Art Basel celebrations by hosting a champagne bash Tuesday night to showcase the newly finished Climate Ribbon. Hundreds of real estate professionals gathered in…

‘Once-in-a-Lifetime’ Miami Beach Land Auction

“We look at this like a blank canvas with the opportunity to create something different, high-end, stylish and in vogue.”

AKREA Reenters South Florida With a Bang

The deal marks AKREA’s second acquisition in Fund III, which launched earlier this year and has raised $53 million in new capital.

Creating CRE Opportunities Where They Don’t Exist

“Many times I find myself driving down a street and seeing an incredible vacant parcel, or underutilized property…”

SunTrust Exec Cites ‘Huge Appetite’ in This Sector

“Both investors and tenants are also attracted to these developments…”

These (Flood) Losses Could Average $1B by 2050

MIAMI—It’s almost mind-boggling….

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.”