Meadows Square shopping plaza sold for $10.8M
A Publix store
A Boynton Beach shopping plaza anchored by a Publix supermarket was reportedly sold for nearly $10.8 million.
Meadows Square, a 10-acre site at 4071, 4791 and 4793 North Congress Avenue, was bought by G&I VIII Meadows Square, an affiliate of New York-based DRA Advisors, according …
Beckham looks to score private owners for stadium site
David Beckham
David Beckham is quietly back in the hunt for an elusive goal – a stadium site for his proposed Major League Soccer team.
But this time, he’s going private after officials blocked several public sites, according to a published report.
Beckham’s real estate advise…
What top Miami brokers predict for 2015
From left: Chris Leavitt, Tony Cho, Daniel de la Vega, Matt Cheezem, Andres Asion and Zach Winkler
Buyers and investors remained bullish on the South Florida real estate market in 2014, especially in the hospitality, retail and office sectors. But while demand will remain strong in the residen…
Homestead shopping center sold for $4.3M
A Sedano’s supermarket
A foreclosed Homestead shopping center was reportedly sold for $4.3 million to a company managed by the CEO of Sedano’s Supermarket.
An affiliate of Florida Community Bank sold the property at 1982 North Eighth Street at a 27 percent discount to the forec…
Hallandale Beach’s Motel Fredola closes
Motel Fredola in Hallandale Beach
A landmark Hallandale Beach motel has closed.
Motel Fredola, located across the street from Gulfstream Park at 900 South Federal Highway and, will be demolished soon, although owners have reportedly declined to comment on what will become of the site.
Former owner J…
West Palm Beach office park sold for $8.8M
Metrocentre Corporate Park
GE Business Financial Services sold a West Palm Beach office park it repossessed back in 2011.
Metrocentre Corporate Park was reportedly sold for $8.8 million to Grover & Corlew.
The 105,159-square-foot property has six buildings at 2440 through 2581 Metrocentre Boulev…
Worldcenter subsidy agreement up for vote
Miami Worldcenter rendering and Nitin Motwani
The Miami Worldcenter subsidy agreement is up for a vote today when city commissioners come together as the Overtown Community Redevelopment Agency.
The incentives would reportedly return more than half of the property taxes paid out to the CRA by the pr…
How Privé Inked $75M of Condo Sales 75 Days
MIAMI–“The exceptionally strong fourth quarter we’ve experienced thus far has not only propelled us to a major milestone achievement, it also set a new sales record for the project,” says Greg Freedman of BH3….
Statute of Limitations Dooms Deutsche Bank in Foreclosure
How slow is too slow on a foreclosure? After a seven-year foreclosure action, the Third DCA sides with a condo association and bars a lender’s foreclosure play, but the court does not wipe out the mortgage. …