May 07, 2015 - 0 Comments - Top Stories -

Miami Commercial Real Estate News May 7, 2015

Offices of Keyes Commercial Real Estate / Realty / Realtors

Keyes Commercial Realty

Cofe Properties sells Pinecrest shopping center for $32M

A shopping plaza in Pinecrest that houses local offices for brokerages Coldwell Banker and EWM Realty was just sold for $32 million.  The Pinecrest Town Center, at 12651 South Dixie Highway, is a 96,075-square-foot shopping plaza that sits on a 5.2-acre lot. It houses mostly…

Q&A with Aventura ParkSquare’s Victor Ballestas

Vacant land is scarce in Aventura, where Integra Investments will develop an 8.5-acre mixed-use community, complete with condos, senior living, a select-service hotel, offices and retail, slated to open in early 2017.  Integra Principal Victor Ballestas…

China City Construction Completes Preliminary Approval At Brickell Site Where They Plan Miami’s Tallest Building

China City Construction Corp. has completed ‘preliminary approval’ of what they call a landmark project at the former Capital at Brickell site, according to a posting on their website last week.  China City plans to build the tallest building in Miami on the site, their website said at the time of purchase…

It isn’t Easy Being Green: Related Donates Icon Bay Park to City, Makes Millions Off Deal

Edgewater just got its first new park in a long time and, designed by Arquitectonica, it’s small but quite pretty. There’s a dog park, a sculpture garden, the works. The Related Group has just officially donated the almost-complete Icon Bay Park to the City of Miami according…

Starchitecture Watch: Hey, Let’s Examine Rafael Viñoly’s Miami River Waterfall

The 30 foot tall, three story waterfall that starchitect Rafael Viñoly has designed for the as-yet-unnamed tower (River Village is a working title) that Kar Properties is building on the Miami River will appear to fall out of the building’s amenity deck pool, and sort of give the impression…

Get ‘Er Done: Baylink Planners Don’t Want to Blow Four Years to Study It

The Baylink task force, the committee of South Florida government leaders tasked with planning the Miami-Miami Beach rail link might not pursue an environmental impact study for now because that study would take four years, and instead want to separately study light rail in each city, with a…

Real Estate Crowdfunding Company Fundrageous Launches At eMerge

Bernie Navarro, president of Miami-based private lender Benworth Capital Partners, introduced conference attendees to Fundrageous, a platform that will allows accredited investors to participate in first mortgages for residential investment or commercial properties.

Matsuri sushi to roll into Coral Gables

A new restaurant is joining Miracle Mile, The Real Deal has learned.  Matsuri Japanese Sushi Restaurant signed a seven-year lease at 230 Miracle Mile and will replace 100 Montaditos, Terranova Corp. told TRD.  The Japanese eatery will occupy 2,840 square feet and will include…

Related donates Icon Bay park in Edgewater to city of Miami

The Related Group donated a park to the city of Miami, adjacent to the 42-story, 301-unit Icon Bay development.
Icon Bay Park, at 455 Northeast 28th Street, will be designed by ArquitectonicaGEO, and will include water fountains, and exotic and native plants, according…

Renovated Plantation office park gets 55,400 sf in new leases

Six months after bringing on a new leasing brokerage, the Royal Palm Office Park in Plantation has signed 55,400 square feet of leases.  The newest tenant, insurance provider AIG, inked a deal for 10,400 square feet of space in the Broward office park…

TRD insider interview video with Carlos Melo: Recognizing potential in real estate

As real estate professionals mingled at The Real Deal‘s Broward Real Estate Forum & Showcase, TRD’s Managing Editor Ina Cordle discussed the industry with developer Carlos Melo of the family-operated Melo Group.
Melo talked about seeing potential in Miami’s Edgewater…

Avison Snags Heavy Hitting JLL Duo

“In order to remain at the forefront of our highly competitive industry, Avison Young recognizes the need to continually add new resources to the company.”