PortMiami And Its Significance To Miami’s Growth
Proclaiming that it is “Big Ship Ready,” PortMiami has been counting the days until the expanded Panama Canal opens for business next year. CLICK ON THE HEADLINE FOR MORE…
Arquitectonica sued for American Airlines Arena design errors
AmericanAirlines Arena
Miami Heat sister company, Basketball Properties Limited, sued the city’s premier architectural firm, Arquitectonica, on Christmas Eve.
Basketball Properties, which manages AmericanAirlines Arena (owned by Miami-Dade County), claimed Arquitectonica was in over its head w…
4-acre Mazda dealership to open in North Palm Beach
Mazda in Coconut Creek
A 4-acre property in North Palm Beach will open as a full-service Mazda dealership on Jan. 5.
Grieco Motors bought the land, which is located at the corner of Alternate A1A and Northlake Boulevard, for $5 million in 2012. It was vacant for about eight years.
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Building costs in US rising at record pace, report says
Construction site (Photo: Pedro Moura Pinheiro on Flickr)
Construction costs in the U.S. hit a record level after declining slightly in 2008, according to a report by property and construction firm Rider Levett Bucknall.
The firm’s quarterly index of construction costs, which are rising a…
How will All Aboard Florida affect property values?
All Aboard Florida
With the long-awaited All Aboard Florida plans underway, many are wondering how the express passenger train project will affect property values near the tracks and on the water. According to the Palm Beach Post, Martin County Property Appraiser Laurel Kelly plans on requesting $60…
Jordache Family Spends $90M on SoBe Hotel
MIAMI– The South Beach acquisition adds to Nakash’s Miami property portfolio of retail and hotel properties, including the world famous Casa Casuarina (formerly known as the Versace Mansion)….
Technology Lets Potential Buyers Tour Yet-to-Be-Built Condos
A tech developer says software allowing 3-D real-time walk-throughs of pre-construction condo units is the wave of the future. …
Shady Starlite Motel Sells for Shocking $24.8 Million
Despite nearby prostitutes and drug addicts, the Starlite Motel sits on nearly an acre zoned for 24-story towers and development of up to 48 floors under Miami 21 land-use guidelines. …
McGlinchey Stafford Names New Managing Partner in Lauderdale
McGlinchey Stafford has appointed Randy Dow new managing partner in Fort Lauderdale and hired four lawyers there. …
South Florida office space and apartments sold for $10M
Beachfront apartments in Hollywood sold for $7 million.
A West Palm Beach office park, Hollywood apartments and a Fort Lauderdale office building were all sold for less than $10 million.
West Palm Portfolio was sold by General Electric Credit Equities for $8.8 million. Grover & Corlew LLC bought…
Top 10 building sales of 2014
Lincoln Lane North rendering, Terranova
Institutional real estate investors paid record breaking prices to acquire South Florida’s most sought after trophy buildings in the past year. In some cases, sellers made more than a 50 percent profit as buyers continued to pay premium rates per square …