Search Results for: Codina

Miami Commercial Real Estate News October 23, 2024: 505K sf Hialeah Industrial Trades; Record High Miami Industrial Deliveries; Overtown MXU Delivers Retail; More…

Oct 23, 2024 - Top Stories - 0 Comments - Standard

Target Opens 50,000 SF Store at Sawyer’s Walk in Miami’s Overtown Neighborhood Target has opened a new 50,000-square-foot store at Sawyer’s Walk, a 1.5 million-square-foot mixed-use development underway in Miami’s Overtown neighborhood. SG Holdings, a partnership between Swerdlow Group, SJM Partners and Alben Duffie, is the master developer. Construction on the 3.4-acre development began in […]

Miami Commercial Real Estate News October 16, 2024: Miami Lakes Industrial Sold for $147M; Hamilton Tower Multifamily to Sell for $190M; More…

Oct 16, 2024 - Top Stories - 0 Comments - Standard

Ares cements top ranking for pricey purchases in South Florida, paying $147M for Miami Lakes industrial complex Ares Management paid $147 million for a recently completed Miami Lakes warehouse complex, notching the biggest industrial purchase so far this year. It’s also the third time in less than a year that Los Angeles-based Ares dropped nine […]

Miami Commercial Real Estate News July 10, 2024: Homestead 1200-Unit MXU Dev Site Trades for $65M; 2,200 Unit Dev Proposed for North Miami; More…

Jul 10, 2024 - Top Stories - 0 Comments - Standard

DR Horton drops $65M for 97 acres in Homestead Homebuilding giant D.R. Horton dropped $65 million for 97 acres of Homestead farmland for its planned Sandero Landing community. Records show D.R. Horton bought the site at Southwest 328th Street and Southeast 6th Street from the Alger family, led by Richard Alger. The Algers are longtime Homestead […]

Miami Commercial Real Estate News June 19, 2024: $668M Construction Loan Secured for Miami Supertall; Dev Site Trades for $39M, 500 Units Planned; More…

Jun 19, 2024 - Top Stories - 0 Comments - Standard

PMG Receives $668M Construction Loan for Waldorf Astoria Hotel & Residences Miami PMG, a development and investment firm with offices in New York City and Miami, has received a $668 million construction loan for the Waldorf Astoria Hotel & Residences Miami. Located at 300 Biscayne Blvd, the building will rise more than 1,000 feet and […]

Miami Commercial Real Estate News June 12, 2024: 1,300-Unit MF Planned for North Miami; $6.1B in New Construction in 2023;

Jun 12, 2024 - Top Stories - 0 Comments - Standard

$6.1B In New Construction Added In Miami-Dade Over The Past Year Miami-Dade County Property values rose significantly last year, and new construction helped add to that growth. Overall taxable values in the county were up 10%, according to an official June 1st estimate released by the county’s Property Appraiser office. Total taxable property values in […]

Miami Commercial Real Estate News May 29, 2024: Wynwood Tallest Ever Planned Under Live Local Act; Elle-Branded Tower Launched in Edgewater; More…

May 29, 2024 - Top Stories - 0 Comments - Standard

Terreno Realty Completes 186 KSF Industrial Facility in Hialeah Among Terreno Realty Corp.’s recent additions to its industrial portfolio is this 112,000-square-foot facility in Redondo Beach, Calif., which it acquired last year for $45.7 million. Image courtesy of CommercialEdge Terreno Realty Corp. has completed Countyline Corporate Park Phase IV Building 40, a 186,000-square-foot facility in […]

Miami Commercial Real Estate News May 1, 2024: Brickell Office Tower Hits Market at $500M; Hialeah MXU Project Approved; $1B Aston Martin Tower Completed; More…

May 01, 2024 - Top Stories - 0 Comments - Standard

Nuveen’s 701 Brickell office tower hits the market for over $500M Nuveen Real Estate listed its 701 Brickell office tower in Miami for more than $500 million, marking at least the fourth property in the financial district to hit the market since the fall. New York-based Nuveen’s 33-story bayfront tower, named for its address at 701 […]

Miami Commercial Real Estate News March 20, 2024: Condo Termination Ruling Puts Buyouts in Limbo; Adam Neumann’s Plans at Miami Worldcenter; More…

Mar 20, 2024 - Top Stories - 0 Comments - Standard

WeDevelop: Here are Adam Neumann’s plans at Miami Worldcenter Flow, the apartment startup founded by billionaire Adam Neumann and backed by venture capital firm Andreessen Horowitz, has three projects in various stages of development at Miami Worldcenter. The buildings are valued at about $450 million, according to a source. Neumann’s purchases at Miami Worldcenter date back […]

Miami Commercial Real Estate News January 31, 2024: $82M Miami Beach Office Sale Collapses; 806 Unit MF Planned Near Douglas Metrorail; LA Fitness Building Trades for $15M; More…

Jan 31, 2024 - Top Stories - 0 Comments - Standard

Nightingale’s $82M Miami Beach Office Sale Collapses In Flurry Of Lawsuits The planned $82M sale of a Miami Beach office building owned by Nightingale Properties has failed to close, sparking a court battle between the embattled developer and the planned buyers. The dispute rose to the surface just as CEO Elie Schwartz began repaying $53M in […]

Miami Commercial Real Estate News January 3, 2024: Hialeah Industrial Sold to Mormon Church for $174M; Doral Office Trades for $29M, Self-Storage Near Aventura for $20M; More…

Jan 03, 2024 - Top Stories - 0 Comments - Standard

Mormon church’s real estate arm drops $174M for Beacon industrial park in Hialeah The Church of Jesus Christ of Latter-day Saints’ commercial real estate arm dropped $174.3 million for the Beacon Logistics Park in Hialeah. Property Reserve, which invests the LDS church’s reserve funds, bought the majority of the 1.3 million-square-foot industrial campus on the northeast […]

Miami Commercial Real Estate News November 22, 2023: Miami Beach Hotel Dev Site Trades for $27M; UDRB Approves 324-Unit Project in Edgewater; More…

Nov 22, 2023 - Top Stories - 0 Comments - Standard

Holidays Network pays $27M for Miami Beach hotel development site Holidays Network Group paid $27 million for a Miami Beach redevelopment site that has approvals for a 107-room hotel. An affiliate of Winter Park, Florida-based Holidays Network acquired an 88-unit apartment complex at 2618 Collins Avenue, records and Vizzda show. The firm obtained a $35.3 million […]

Miami Commercial Real Estate News May 31, 2023: E11even Snags $262M Construction Loan, Expands Project; Miami & Miami Beach 2023 Q1 CRE Sales Decline; More…

May 31, 2023 - Top Stories - 0 Comments - Standard

PMG, E11even Partners score $262M construction loan, expand project The developers of two E11even-branded condo towers in downtown Miami closed on a $262 million construction loan for the second planned high-rise and expanded its size, The Real Deal has learned. New York and Miami-based Property Markets Group, and E11even Partners, led by Marc Roberts and Michael […]

Miami Commercial Real Estate News May 24, 2023: Miami River Hyatt Supertall Renderings; Museum Tower Sells for $74M; 3 Towers Approved as More Proposed; More…

May 24, 2023 - Top Stories - 0 Comments - Standard

Potential Brickell Key Supertall Exempted From UDRB Review A new development on Brickell Key would not need to have a hearing before Miami’s Urban Development Review Board, according to a letter issued by Miami’s Department of Zoning. The Department of Zoning letter was issued in February 2022 to a Greenberg Traurig land use attorney, who […]

Miami Commercial Real Estate News March 22, 2023: Fed Raises Rate; 512-Unit MF Proposed for Princeton; Three Rental, Condo Projects Approved; $500M Offered for Aging Waterfront Condo; More…

Mar 22, 2023 - Top Stories - 0 Comments - Standard

Federal Reserve raises interest rates by a quarter point, keeping inflation in crosshairs The Federal Reserve is raising its key interest rate by 0.25%, continuing on its crusade against inflation while warning that recent instability in the banking sector could weigh on the economy. In announcing their ninth consecutive rate hike — which increases the benchmark […]

Miami Commercial Real Estate News December 28, 2022: Pinecrest Retail Trades for $71M, Little Havana Multifamily for $31M, Trio of Walgreen’s for $34M; More…

Dec 28, 2022 - Top Stories - 0 Comments - Standard

MetLife sells Pinecrest shopping center to Miami JV for $71M After keeping it on its books for nearly 30 years, Metropolitan Life Insurance has sold a Pinecrest shopping center to a Miami-based joint venture for $70.5 million. An affiliate of Ibrahim Al-Rashid’s Limestone Asset Management and Joseph Sanz’ Orion Real Estate Group picked up the […]

Miami Commercial Real Estate News December 21, 2022: 4M sf $1B Riverfront Dev Breaks Ground; 55-Story Brickell Office Full Before Completion; Biggest Deals of 2022; More…

Dec 21, 2022 - Top Stories - 0 Comments - Standard

Chetrit Group to Transform Miami River Waterfront with 4M-SF of Residence, Office, Retail, Hospitality New York based developer Chetrit Group, a privately held real estate development company, has begun its transformation of six acres of Miami River waterfront located between I-95, Southwest Second Avenue and Jose Marti Park in Miami, FL. When fully completed in 2026, […]