Texas REIT Buys Broward Business Park For $75 Million
The purchase price represents a 45 percent increase from its last sale in July 2012. \
C&W’s Messinger Inks Major Miami Airport West Lease Deal
The deal represents one of the largest lease deals in the county this year.
Avison Young Secures 375,000 SF Office Leasing Assignment
The assignment comes less than six months after Avison Young was assigned to lease a 9-building portfolio totaling 940,319 square feet.
Building Confidence: A little confidence never hurts…
A little confidence never hurts anyone, and it’s definitely helping the home building market. According to the Housing market Index that surveys National Association of Home Builders’ members, the index stood taller at 64, up three points in a positive trajectory over the last five months. That…
The week in luxury: A map of Miami-Dade’s priciest condo sales
Miami-Dade County’s condo market held steady during the second week of October and even saw three multimillion-dollar closings. The week’s priciest sale was unit 1902-2 at the ICON South Beach, which sold for $8.4 million, or $2,059 per square foot. Adriana Pinto Torres of Douglas Elliman…
Simply Healthcare to relocate to Flagler Corp. Center
Marking one of the largest office lease deals in Miami-Dade County this year, Simply Healthcare will relocate and consolidate its Coral Gables offices at Flagler Corporate Center, The Real Deal has learned. The healthcare provider will lease 84,467 square feet at the…
Grove Place townhouses to launch second phase
Grove Place, a planned townhouse community on the northern border of Coconut Grove, is gearing up to launch its second wave of sales. Six of the community’s 18 residences were sold during the project’s…
Planned Hotel Indigo in Brickell closes on $35M loan
The developer behind the planned Hotel Indigo in the Brickell area closed on $34.5 million in financing from Ocean Bank on Friday with plans to break ground soon. West Brickell Hotel LLC, led by Pedro F. Villar, is the…
NY real estate magnates to buy downtown Miami tower: $13.3M
ASRR Capital Ltd. — a publicly-traded Israeli company headed by New York real estate moguls Alex Sapir and Rotem Rosen — has teamed up with fashion heavyweight Gerard Guez to pay $13.3 million for an office tower in downtown Miami, The Real…
Fort Lauderdale hotel scores $18M construction loan
Florida’s first Tryp-branded hotel just broke ground in Fort Lauderdale after receiving $18.4 million in construction financing. Dubbed the Tryp Maritime by Windham, the hotel is being built on a 2.4-acre site at 2161 West State Road…
Edelstein lands $20M for Lincoln Road church site
New York developer David Edelstein has secured construction financing for his much debated Lincoln Road project, according to Miami-Dade County records. Edelstein’s TriStar Capital’s plans call…