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848 Brickell Ave Key International Miami
News

Another One: Developer Announces Plans For 750K SF Brickell Office Tower

... approval from the county because the property is near the Brickell Metromover station and sits inside the Miami-Dade Rapid Transit ... for a 33-story office tower at Miami Worldcenter in Downtown Miami. Miami-based investment firm Abbhi Capital is looking ...

Oct 17, 2023
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Palmetto Central Boca Raton Grover Corlew Venture X 1499 Palmetto Park Road
News

Coworking Firm Leases 29K SF At Renovated Boca Raton Office

... coworking market in the United States, especially Miami-Dade, which now has 2.9M SF across ... accounted for 3.5% of all of Miami's office inventory as far back as January ... most active office market across Palm Beach County in the second quarter, with more than ...

Aug 01, 2024
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400 Goolsby Blvd Deerfield Beach Broward Seagis Longpoint
News

This Week’s South Florida Deal Sheet: 1.4M SF Industrial Portfolio Changes Hands

... Golf Course west of Lake Worth Beach in Palm Beach County, the SFBJ reported. The Toronto-based homebuilder acquired the ... Mariners Bay condo association filed a notice of termination with Miami-Dade County in August.  The new 20-story condo tower, designed ...

Dec 11, 2023
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Miramar Centre IIII 3601 SW 160th Ave Starwood YMP Real Estate Management Broward Fort Lauderdale
News

Starwood Sells Fort Lauderdale Office Buildings At 45% Discount

... market headwinds to further expand its portfolio.  While Broward County’s office market benefited from pandemic-era trends, it ... neighbors to the north and south, Palm Beach and Miami-Dade. Broward County saw just under 300K SF of leasing activity in ...

Apr 24, 2024
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The Raleigh Rosewood Hotel & Residences Mihael Shvo BH3 1775 Collins Ave
News

This Week's South Florida Deal Sheet: Shvo Nabs $190M Loan For Redeveloping The Raleigh

... Muhammad Wasim Sajid; and Rayann LLC, managed by Abdul Jabbar. Dade County Federal Credit Union provided a $19.5M mortgage to the ... in April 2021 from Bank OZK, according to Profile Miami.  FINANCING Miami-based development firm The Graham Cos. closed on a ...

Jul 31, 2023
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Galt Mile Fort Lauderdale Condos South Florida
News

Fannie Mae To Open Books On Lending Blacklist Dominated By Florida Condos

... officially called the Condo Unavailable Projects and Phases Report, the Miami Herald reported, is only available to lenders — who have ... — losing both their home and their investment.” The Orange County Register first reported on the existence of the list in ...

Dec 17, 2023
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DoubleTree by Hilton Hotel Deerfield Beach-Boca Raton.
News

This Week's South Florida Deal Sheet

... the pandemic. Ryder is looking for new office space in Dade County, but it has not ascertained how much space it ... as guarantors, the South Florida Business Journal reports. City of Miami Commissioners approved last month the rezoning of the former Melreese ...

Oct 03, 2022
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Calle 8 G and G Business Developments Millennium Developments of Brickell Rendering
News

Developers Pitch 55-Story Residential Tower In Brickell With 2,060-Seat Theater

... Metromover station and sits within the Miami-Dade Rapid Transit Zone, which empowers the county to approve higher-density developments near ... since the start of the pandemic, according to Zillow.  Miami-Dade’s median condo sale price was $420K in July, ...

Oct 03, 2023
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'I Thought It Was A Mistake': Office Lease Expirations Are Lining Up, With Tenants In Driver's Seat
News

'I Thought It Was A Mistake': Office Lease Expirations Are Lining Up, With Tenants In Driver's Seat

... 2022 deal involving a 74K SF national headquarters in Orange County, California, Vishmid said. The space was up for renewal and ... in the country where office vacancies are relatively low. The Miami-Dade vacancy rate stood at 15.4% in Q1, according to ...

Apr 22, 2024
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Eminence Planning & Development's Pamela McCleod, Native Realty's Jaime Sturgis, Colliers' Erin Byers, Exeter Property Group's Todd Carter, Alliance Partners HP Richard Previdi and Timber Hill's Ryan Battistoni on a panel at Bisnow's Industrial and Logistics Summit on June 15.
News

South Florida’s Industrial Developers Bet On Long-Term Rent Growth

... to bet the trend line.” Industrial vacancy in Miami was flat at 1.6% in the ... SF.  The story is similar in Broward County, where vacancy fell to 3.7% and ... development pipeline in recent years, Broward and Miami-Dade counties are running out of space for large ...

Jun 15, 2023
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