Owner of Lincoln building in South Beach looks to cash out The German firm that owns the Lincoln building on South Beach – just steps from the Lincoln Road Mall – has put it up for sale. The retail/office building at 1691 Michigan Ave. was recently listed for sale by Colliers International South Florida’s Stephen […]
Total listings of improved commercial property and commercial/ business/ agricultural/ industrial land in Miami-Dade County (MLS) held steady in August at 3,786 versus 3,779 in each of the prior 2 months. As can be seen in the accompanying chart, this remains well short of the peak of 4,356 reached in october 2012, and is up […]
As the Worldcenter Turns: Grand Central Will be Replaced With Two Apartment Buildings Grand Central, the much loved Downtown Miami club, is closing its doors at the end of this month to make way for a (relatively) small part of the gargantuan Miami Worldcenter megaproject, with a final bash on Saturday September 26th. Then, according […]
The closing price to list price for improved commercial property in Miami-Dade County on MLS remained strong at 96.2% in August. As can be seen in the accompanying chart, this is near the high of 96.9% for the past 5 years plus, a level that was reached two months prior. This positive metric is in […]
Miami Worldcenter’s mixed-use tower, trio of Related Group towers among new projects in Miami Miami officials are set to consider the design of a host of projects on Wednesday, including a mixed-use tower at Miami Worldcenter, a trio of residential towers by the Related Group and a residential building in Edgewater. The proposals will go […]
In the week to September 14, 2015, MLS counts a mere 16 new listings for commercial/business/agricultural land, which is down considerably from the week ending September 7th which had 41 new such listings. Worth highlighting among these is a listing in Wynwood with just over 20,000 square feet of land with an asking price approaching $10 million. Other indicators during this […]
Chinese Want To Build Miami’s Tallest Tower In Brickell, Hire Arquitectonica (Updated) China City Construction Corp. is one step closer to building the tallest tower in Miami. Company officials traveled to New York on Monday to ink a deal with Arquitectonica for design work on a twin-tower project at the Capital at Brickell property. China […]
The number of active listings for commercial/ business/ agricultural/ industrial land in Miami-Dade County remained essentially unchanged for August at 811 versus 813 for the prior month. This is up from a recent low of 761 reached in January, and well short of the high in this period of 900 reached in 2013. Among the […]
Grand Beach Hotel planned for Bay Harbor Islands will be voted on this week MB Development’s proposed 99-room hotel will go before Bay Harbor Island’s town council on Wednesday for a first reading, where the project may be approved or denied. If given the OK, the Grand Beach Hotel Bay Harbor would be built at 9601 […]
In the seven days to September 14, 2015, MLS shows 83 new listings for improved commercial/industrial properties within Miami-Dade County, up a touch from 74 in the (prior) week ending September 7th. Among the listings is a nearly 23,000 square feet building in Wynwood with an asking price of $11 million. Other indicators during this time that […]
Coral Gables to consider $172 million mixed-use project near University of Miami The $172 million Paseo de la Riviera project hopes to introduce a new hotel, an apartment building and commercial space across the street from the University of Miami in Coral Gables. The project by NP International will seek approval before the Coral Gables […]
The median number of days to sell commercial/ business/ agricultural/ industrial land held relatively steady at 92 in August versus 111 in the prior month. This is after experiencing an anomalously low 58 in the month of June. Although considerably longer that the low reached in June, 92 remains in the low end of a […]
Floorplans for American Dream Miami Megamall Leak Plans to build the largest mall in America in the western reaches of Miami-Dade are moving on full speed ahead with little impediment, and today we’ve got out look at what exactly the layout of the mall will look like. South Florida Business Journal reporter Brian Bendall got […]
In the week to September 7, 2015, MLS counts 41 new listings for commercial/business/agricultural land, up considerably from the week ending August 31st which had 23 new listings of this type. Worth highlighting among the new listings is a 1.82 acre parcel next to Dolphin Mall with an asking price of $2.75 million. Other indicators during this period that commercial real estate […]
5 new things about the American Dream Miami mega mall Robert Gorlow, the head of Florida operations for Triple Five Group, revealed new details about the massive American Dream Miami mall and theme park project during a meeting with the South Florida Regional Planning Council on Wednesday. Gorlow has been working with the developer for […]
The number of active MLS commercial improved property listings in Miami-Dade County continued to ease upwards in August, rising to 2,975 from 2,966 in the prior month. This is up from somewhat of a trough of 2,877 reached in January of this year, and still remains well off of the peak of nearly 2,500 reach […]
