Carnival Lists 470K SF Miami Headquarters For Sale Carnival Corp. is looking to sell its massive headquarters in a Miami suburb and reduce its footprint in the city by around 35%. The cruise company has brought on Cushman & Wakefield to market its 470K SF headquarters in Doral and is looking to lease around 300K […]
BH, Süzer buying W Hotel in Miami’s Brickell BH Group and Süzer Group are under contract to buy the W Miami hotel in Brickell. Sources familiar with the seller confirmed the pending deal, but could not disclose the sale price. Al Rayyan Tourism Investment Company, or ARTIC, is selling the 50-story, 148-key hotel at 485 Brickell […]
Aimco’s waterfront Brickell office and apartment towers hit the market for $650M: source Brickell hit the market for roughly $650 million, marketed as a possible redevelopment opportunity, The Real Deal has learned. The Denver-based real estate investment trust wants to sell the 32-story Brickell Bay Office Tower at 1001 Brickell Bay Drive and the 31-story, 357-unit […]
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 […]
Pre-Application Filed For 280-Unit Multifamily Tower Near Arsht Center A pre-application was filed with Miami-Dade planners yesterday for a downtown Miami residential tower. The building is being proposed under the county’s Rapid Transit Zone zoning code. The new tower is planned to rise 26 stories, and will be a multi-family residential building, according to a […]
Developers Propose ‘River Haus’ for 123 N.E. 79th Street in Little River Our sources have revealed an exciting venture proposed for Miami’s Little River neighborhood. River Haus, rising eight stories above grade, would comprise 218,546 square feet of new construction, offering 154 apartments. Homes will measure 505 square feet to 955 square feet each, with […]
Partnership Tops Out 509-Unit Residences at The Wynwood Plaza Co-developers L&L Holding Co. and Oak Row Equities, along with project partner Shorenstein Properties and capital partner Claure Group, have topped out the Residences at The Wynwood Plaza, a 509-unit apartment development in Miami. The property serves as the multifamily component of Wynwood Plaza, a 1 […]
Swerdlow Group Unveils $3 Billion Mixed-Use Public Housing Vision For Miami’s Little River And Little Haiti Neighborhoods In a bold move that signals a transformative shift for Miami’s urban landscape, the Swerdlow Group has unveiled plans for a $3 billion mixed-use public housing project, poised to become one of Miami’s most significant developments. Spanning 65 […]
3600 Biscayne Gets FAA, UDRB Approval A proposal to build a multi-family tower at 3600 Biscayne Boulevard has received approval from the UDRB and FAA. According to an FAA letter sent to developer Pacific Star Capital on January 30, the tower is permitted to rise 231 feet above ground, or 242 feet above sea level. […]
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 […]
Bal Harbour Shops Owner Files First Major Lawsuit Testing Reach Of Live Local Act The owner of the Bal Harbour Shops is stepping up its fight with local politicians to add four residential towers to the luxury shopping center. Whitman Family Development, which owns the shops, filed a lawsuit Tuesday asking a judge to compel […]
Coastal Construction Tops Off Event Campus At The Concours Club Within Miami-Opa Locka Executive Airport Coastal Construction Group, one of the largest general contractors in the Southeast, has announced the topping-out of the highly anticipated Event Campus at The Concours Club, the exclusive, members-only motorsport and luxury lifestyle resort. The Concours Club is located at […]
Whitman Family Development Unveils Plans for Mixed-Use Development Within Bal Harbour Shops Property Whitman Family Development, the family-owned company behind the creation of Bal Harbour Shops, has submitted plans for a new mixed-use development in the Village of Bal Harbour, Florida. Aimed at enhancing the 18-acre property, this project proposes the addition of attainable and […]
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 […]
Here are South Florida’s priciest industrial sales of 2023 Institutional buyers seeking massive warehouse portfolios dominated the top five largest industrial deals in South Florida in 2023. National industrial players primarily gobbled up complexes and business parks in Miami-Dade and Broward counties, which are much larger industrial submarkets than Palm Beach County. Overall, 2023’s top five industrial […]
Amancio Ortega’s Pontegadea pays $113M for Hialeah cold storage Spanish billionaire Amancio Ortega’s real estate family office is expanding its cold storage business, acquiring its second Hialeah freezer facility in seven months. An affiliate of Ortega’s Pontegadea paid a cool $113 million for Bridge Point Cold Logistics Center, a 312,000-square-foot warehouse at 3995 West 108th Street, […]
