Keyes Commercial Realty
Car wash owner cleans up with $12 million sale
The owner of a North Miami Beach car wash is awash in cash after selling the property for a clean $12 million. Master Carwash LLC, managed by Edgar Halac in Miami, sold the car wash at 15180, 15200 and 15203 Biscayne Blvd. to North Miami Beach-based 142 Realty, managed by Brett David. The 1.7-acre site has…
RedSky and JZ Capital buy Miami Design District building for $2,800 per square foot
A partnership between RedSky Capital and JZ Capital Partners paid $23.95 million, or $2,800 per square foot, for a building in the Miami Design District. RKF Senior Director Benjamin Mandell, VP Drew Schaul and Senior Director John Ellis represented the New York-based buyers in the purchase of 45 N.E. 39th Street…
Tallest Residential Tower South of Manhattan to Commence Construction in Miami
One day residents of Miami’s Brickell Flatiron tower will awake each morning for cardio in the clouds and swimming above the sunrise. In a move that will create added value for the residents of Brickell Flatiron’s 549 units, developer CMC Group has opened the 64-story tower’s rooftop up to the entire building with the creation of a Sky Spa…
Swire Properties proposes final phase of Brickell Key
Swire Properties wants to build the final phase of Miami’s Brickell Key with a mix of residential and commercial space. The Hong Kong-based developer has been building since the late 1970s on Brickell Key – a manmade island connected by bridge to Miami’s financial district. Swire is also building the massive Brickell City Centre project…
Development site in Coconut Grove hits the market
A vacant property zoned for commercial development in west Coconut Grove is on the market for $4.2 million, The Real Deal has learned. The 14,953-square-foot lot, at 3280 Grand Avenue, comes with plans for a 44-unit hotel and wellness center with 9,000 square feet of retail space. Peter Andolina of Metro 1 and Maria Elena Alvarez…
City easement lets railroad go airborne
In order to build its MiamiCentral train station downtown with elevated tracks, All Aboard Florida needed an aerial easement over Miami streets. City commissioners last week granted the easement to a company affiliated with All Aboard Florida, DT Miami LLC. MiamiCentral, an inter-city passenger…
Gables sketches a greener Miracle Mile
A streetscape renovation for Miracle Mile that has been on the drawing boards since 2002 looks ready to kick off and has grown to include Giralda Avenue between Ponce de Leon Boulevard and Galiano Street. “We are working on finalizing construction drawings and are preparing for a public meeting…
$370 Million Sale Of Flagship Retail Block On Lincoln Road Closes
According to HFF, the sale is the second largest ever in Miami-Dade County and the highest value retail property sale in Florida.
28,000 SF Deal Inked by Sign Company
Corporate Solutions Senior Vice President Michael Torna represented the tenant in the lease deal.
Miami’s Bay Point Center Hits The Market
The four-story property at 3915 Biscayne Boulevard is located at the convergence of the Design District, Midtown Miami, the Upper East Side and Edgewater.
$6+ Million Sale Of Retail CVS Investment Property Negotiated In Ocala
NAI Miami’s Ed Schmidt and Armando Bertematti represented the buyer in the purchase of a 13,013 square foot, CVS-occupied investment building.
Is Miami Heading for Another Bad Bust?
We asked Marc Coleman, president of Development at One Real Estate Investment, to get his thoughts on these questions….