Keyes Commercial
Miami considers retail project near Design District
A two-story retail building has been proposed in Miami’s Upper Eastside neighborhood near the Design District. MacArthur Properties III’s rezoning proposal will go before the Miami Planning, Zoning and Appeals Board on Sept. 2. It concerns a 0.8-acre site at 3701 and 3737 Biscayne Blvd. and 306 and 316 N.E. 38th Street. It’s just off…
Miami Beach service station could be redeveloped as retail after acquisition
A service station on Alton Road in Miami Bech could be redeveloped into a retail center after it was purchased for $7.3 million. Larry’s Service Center, managed by Mark D. Raybon in Pembroke Pines, sold the property at 1824 Alton Road to Saber 1800 Alton LLC, an affiliate of Aventura- and Armonk, New York-based development firm…
Northern Trust lends $10M to build Little Havana self-storage facility
Northern Trust Co. made a $10 million construction loan for a self-storage facility in Miami’s Little Havana neighborhood. The bank (Nasdaq: NTRS) awarded the seven-year mortgage to Value Store It Little Havana, managed by Miami Lakes-based MMR Investments and Todd A. Ruderman. It covers the 33,750-square-foot…
Miami Association of Realtors HQ building sold for $16M
The Miami Lakes office building that’s home to the Miami Association of Realtors’ headquarters traded for $16.25 million. AFC Investments, managed by Martina Casanueva, sold the 199,049-square-foot office building to O2R Properties, managed by Ophelia S. Sanchez, the CEO of for-profit Management Resources College. Miami-based…
JLL Tapped To Lease New 1.6 Million SF Project
Construction of the new business park is slated to begin in the fourth quarter of this year.
Boca Office Asset Trades In $23 Million Deal
The buyer was Boca Raton-based IP Capital Partners, LLC., an entity managed by Josh Procacci.
Rumormongering: Old Senator Hotel Site Finally Alive With New Construction
The Senator Hotel at Collins Avenue and 12th Street was the Pennsylvania Station of Miami Beach’s art deco preservation movement, and since its sad martyrdom decades ago has been replaced by nothing more than a parking lot. Now that parking lot, along with lot across the street and two remaining…
One of the many things the Fontainebleau Hotel in Miami Beach is famous for is its ‘spite wall,’ a massive wing of hotel rooms and ballroom space built by the hotel’s first owner, Ben Novack, allegedly to shroud the neighboring Eden Roc Hotel’s pool in darkness. The Eden Roc…
Closing Up Shop: What Happened to South Beach’s Mysterious Giveaway Store?
The ‘Giveaway’ store, which according to the internet is actually called Giveaway Discount Drugs Inc., is one of those strange Miami things, right in the middle of South Beach on Washington Avenue. The messy old store frontage that has, incredulously, hobbled on for years…
Metropica: Lincoln Road in the Everglades?
Metropica. The name is intriguing and the project may be transformative.