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 […]
The Dream Team most certainly did its part to Miami on the global map. In this now “can’t believe he went back to Cleveland” post Lebron era, it is fun to look back at the excitement and expectatons following the initial “taking my talents to South Beach” announcement.
Real Page Director of Analytics Jay Parson joins host Michael Bull to discuss the growth of the multifamily market and share predictions for the market in 2016.
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 […]
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 […]
The Miami DDA has released it summer residential market research report. Some key points include: Nearly 90 percent of the new residential units built duirng this cycle have been absorbed, which has fueled rising prices for condos as well as rental rate increases for apartments Pricing for existing condos is up nearly 7% Rental rates for conventional […]
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 […]
As anyone looking for office space in Coconut Grove can attest, finding space is no small task, and when you do, beware, it is a lessor’s market. Development in the area has been dominated by high-end luxury condos, perhaps keeping new office space from being developed. Charts courtesy of CoStar.
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 […]
The returns than investors in individual condo units will settle for never cease to surprise me. It makes some sense to settle for less return, somewhat less, as investing in a condo is easier and more hassle free. Also, there is a “strength in numbers,” “standardization of value” aspect to it, with properties selling for more […]
Walter Page, Director of Research for Costar Group, joins host Michael Bull to discuss the office market.
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 […]
