Unity on the Bay Church in Miami’s Edgewater asks $40M for sale by Oct 21
With high-rise residential sprouting all around it, the Unity on the Bay Church in Miami’s Edgewater neighborhood hopes to land a buyer in the coming weeks. NGKF Capital Markets brokers Michael Lapointe, Adam Greenberg and Michael Lohmann sent out a filer proclaiming offers are due by Oct. 21 with an asking price of $39.75 million.
Univision expands with large lease in Doral
Univision will expand its operations in Miami-Dade County with a 40,000-square-foot office lease at 9250 Doral. Taylor & Mathis’ Brian Gale and Andrew Trench represented landlord Delma Properties while NGKF’s Mitchell Millowitz and Lance Benson represented the Spanish language TV network. Univision also has offices across…
Florida Real Estate Case Law Updates
Lenders Standing at Foreclosure. Creadon v. U.S. Bank N.A. 166 So.3d 952 (Fla. 2nd DCA 2015). The circuit court entered final judgment in favor of U.S. Bank N.A., foreclosing a mortgage encumbering property. The owners assert that U.S. Bank did not prove its standing to…
Retail center near Miami Dade College campus sells for $6 million
The Shoppes of Killian, a retail center across from Miami Dade College’s Kendall campus, sold for $6.03 million, or $178 per square foot. The seller was Wood Stone Kendall LLC, a company affiliated with New York-based investment fund Parkstone Capital Partners. The company was represented by Drew Kristol and Kirk Olson…
Overtown Wins Zoning Battle
After Overtown activists and old-timers slammed a plan to create a zoning map that brings Wynwood to Northwest 20th Street, commissioners voted 5-0 to amend the rezoning to exclude the part that infringes on the historic city.
D.R. Horton sells 313 acres in west Miami-Dade at loss
D.R. Horton took a loss on the sale of 313.4 acres of agricultural land in western Miami-Dade County. The national homebuilder (NYSE: DHI) sold the property on the east side of Krome Avenue at Southwest 104th Street for $18 million to Krome Avenue (Miami) ASLI VIII. The buyer is part of Winter Park-based Avanti Properties’ strategic…