Mar 17, 2016 - 0 Comments - Top Stories -

Miami Commercial Real Estate News March 17, 2016: Amazon.com Leases Distribution Center; Kendall Place Apartments Sell; More…

Amazon.com Inks Deal For New Distribution Center In South Florida

The initial term of the lease is for seven and one-quarter years.

Stockbridge Capital Purchases 228 Unit Luxury Apartments in Miami

Jamestown Properties sold the 228-unit Bridges at Kendall Place apartments at 8485 Hammocks Blvd. in Miami, FL to Stockbridge Capital Group LLC for $52.7 million, or approximately $231,000 per unit.  Built in 2013, the luxury apartment community is comprised of seven, three-story residential…

Terreno Realty Acquires Distribution Building In Medley

The asset was purchased for around $6 million.

Multinational Automatic Fire Sprinkler Producer Inks 26,000 SF Lease Deal

The deal marks the company’s first South Florida facility.

Firm Tapped To Market 120,000 SF Medical Office Condo

The project is set to break ground in August 2016.

Miami Ranks 30th (Last) in Metro Cities for Families

The Magic City bites the dust A few weeks back Apartment List concluded Miami was the 449th best city in America (out of 500) to raise a family.  Now they ran the study on a metropolitan scale, with Miami ranking 30th out of 30 cities, dead last for the Magic City. The four weighted factors were Safe…

Live Webcast From FASB On Lease Accounting Standards Update

Got questions abut the recent big changes in lease accounting standards?  Mark the date:  March 29, 2016, the Financial Accounting Standards Board (FASB) will host IN FOCUS: FASB Accounting Standards Update on Leases, a live webcast taking place from 1:00…

Successful Subleasing

I am wrapping up a sublease in Doral and am in the midst of marketing a beautiful one on Brickell, and I have realized many folks don’t understand the benefits of a sublease and the steps necessary to execute a successful sublease.  The majority of commercial office leases in South Florida…

Should You Be Buyer Or Seller Right Now?

As all the text books say, all real estate is local, and pricing depends upon that local market and its dynamics. in South Florida some product types are way out over their ski’s, and investment has slowed down given the drivers who have mostly influenced the landscape.

White House Taps Miami-Dade County For Program To Create Tech Jobs

With the goal to build a talent supply for the Information Technology industry, Miami-Dade will compete for some of the $100 million in TechHire-related grants from the U.S. Department of Labor.