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Industrial Warehouse Distribution
News

Rent Growth Slows As Industrial Footprints Shrink In South Florida

... market are no longer competing for space, in part because Miami-Dade County has 6.7M SF under construction, just 24% of  ... move much” Rent growth in Miami-Dade County is being outpaced by its northern neighbor, Broward County, which ranks fifth and leads ...

Oct 22, 2023
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Nora District Downtown West Palm Beach
News

This Week’s South Florida Deal Sheet: Bank OZK Lends $84M For West Palm Retail District

... South Congress Owners LLC, according to property records. *** Miami-based Pinnacle locked in a $50M construction financing package to ... mortgage serviced by Berkadia, a $6M surtax loan from Miami-Dade County and equity from the developer.  It will go toward ...

Jun 17, 2024
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Atlis Windsor Ludlam Trails 7004 Southwest 40th St Mami GID BBX Capital
News

South Florida’s Multifamily Sector ‘Finally Shows Signs Of Cooling Off’

... saw investors funnel cash into multifamily properties.  Sales of Miami apartment buildings with more than 30 units totaled $840M ...  made the largest acquisition of the third quarter in Miami-Dade County, paying $91M for a 312-unit apartment building outside ...

Nov 02, 2023
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701 Brickell Ave Miami Nuveen TIAA
News

Nuveen Seeking More Than $500M For Brickell Office Tower

... Management, BlackRock and Point72 Asset Management.  JLL’s Miami-based capital markets team was tapped to market the property ... just more than half the 15.4% vacancy rate for Miami-Dade County, according to Cushman & Wakefield. The arrival of financial ...

Apr 30, 2024
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701 Waterford Way Waterford Business District Blanca
News

Assurant To Relocate In One Of Miami’s Largest Leases Of 2024 So Far

... areas and conference rooms, and complimentary shuttle service to Miami International Airport. The owners also created a tenant app to ... per SF average asking rates for Class-A space across Miami-Dade County, according to Cushman & Wakefield. It’s less than ...

Apr 29, 2024
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Biscayne 21 2121 N Bayshore Drive Miami Brickell Condo Buyout
News

Appeals Court Sides With Biscayne 21 Condo Owner Holdouts In Closely Watched Buyout Case

... upheld that ruling this week, ordering the Circuit Court for Miami-Dade County to rehear the case. “They obviously took the time to ...

Jul 11, 2025
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355 Alhambra Circle Coral Gables Miami Princeton International Properties Corp
News

PGIM Sells Coral Gables Office Tower For $90M

... asset provides both stability and upside as rents in greater Miami continue to climb.”   PGIM, the investment management arm ... Industrial for $42M. Bridge filed a pre-application with Miami-Dade County officials in July to redevelop the office property into ...

Sep 19, 2023
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2190 SW 71st Terrace Davie - Longpoint Partners - Seagis
News

South Florida’s Industrial Market Slows, But Wave Of Sales Signals Investor Confidence

... consistent market of tenants that are looking at spaces.”  Miami-Dade County closed 2023 with 7.8M SF of annual leasing ... Commercial Observer reported.  After acquiring the portfolio, which spans Miami-Dade and Broward Counties and is 97% leased to 77 ...

Jan 04, 2024
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Waldorf Astoria Pompano Beach Related Group Merrimac Hilton 1350 South Ocean Blvd.
News

This Week's South Florida Deal Sheet: First Condo-Only Waldorf Astoria Planned

... private offices. The location is Quest’s fifth Miami location, seventh in Miami-Dade County and 11th in the state.  CONSTRUCTION AND DEVELOPMENT ... increase the unit count after it was added to Miami-Dade’s Rapid Transit Zone, which allows for higher density ...

Oct 17, 2023
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Veneto Las Olas Fort Lauderdale Related Group
News

This Week's South Florida Deal Sheet: Zara Billionaire Buys Fort Lauderdale Tower

... 3207 and 3308 NW 72nd Ave. in Miami. JLL’s Luis Castillo, Cody Brais, ... to become the tallest structure in Broward County at 540 feet. The development is expected ... for a three-building industrial park in Miami-Dade County, according to a release. The loan ...

Jun 09, 2025
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