Melo Group Breaks Ground on Square Station Apts
Continuing to tap into growing demand for urban living in Miami’s downtown core is The Melo Group, which has broken ground on the Square Station apartments at 1424 NE Miami Pl. in the Media & Entertainment District of Miami-Dade County. BB&T provided a new $103 million construction loan f…
JPMorgan Securitizes Loan Backing Workplace Property’s Suburban Office Portfolio Buy
JPMorgan issued $557 million in commercial mortgage bonds this past week backed by interests in a portfolio of 108 suburban office and flex properties purchased by Workspace Property Trust earlier this month from Liberty Property Trust. The $969 million purchase with partners Safanad, a Dubai-based…
Miami-Dade County Land Use & Zoning Attorneys Mapped ~ Find a Miami Zoning Attorney Near You
Finding a Zoning Attorney in Miami. Customers of ours frequently ask if we know of any zoning attorneys located close to them. Embedded above is an interactive map of attorneys accumulated using the “find a lawyer” tool at FloridaBar.org. Click any icon to access additional…
Land Sales PSF by Miami 21 Zoning Code for the 2 Years Ending March 31, 2016
What land is worth, or more frequently, what the land under an existing structure is worth, is a common topic that comes up in the discussion of commercial real estate. Each parcel is, of…
Commercial Properties Sold by The Keyes Company: Interactive Map
Above is a map of numbers of properties we have sold in the 2,000 days ending October 25, 2016. This is not nearly a comprehensive list as it only includes properties where sales were entered in the Miami-Dade MLS – many commercial property sales are not – with a sel…
Middle East a Bigger Player in South Florida Real Estate
It’s no secret that Miami has become one of the world’s most attractive markets for international investors. Latin Americans in particular have had a heavy influence in local real estate as one of the main demographic groups purchasing properties throughout South Florida. However, recent…
How South Florida Real Estate Developers Are Reducing Litigation Risk
Leading up to the Great Recession of 2008, properties throughout South Florida were being bought only to be subsequently resold at a profit. This “flipping” of properties culminated in an unsustainably-inflated real estate market that eventually collapsed. Flipping was facilitated…
Increased Costs Shifting South Florida Apartment Construction
At the Miami Finance Forum’s recent panel discussion regarding the current status of South Florida commercial real estate, panelist commercial developers stated they are responding to strong tenant demand across all sectors. While all agree that the South Florida commercial real estate…
The Sky is the Limit
Miami’s ever-changing skyline is set for its biggest upgrade yet. With the Federal Aviation Administration’s recent decision to allow buildings in Miami to reach a height of 1,049 feet above sea level, One Brickell City Centre is expected to surpass the Four Seasons Hotel and Tower to be…
4 Reasons Why the Industrial Real Estate Sector is Growing
Learn why industrial real estate may be a better investment than you think. While it has largely flown under the radar, the industrial real estate sector is growing at a steady clip. The financial and professional services firm JLL recently issued a wide array of data that paints a positive story…
Commercial Real Estate Outlook: How Increasing Rent and Values Impact the Decision to Lease or Buy
There are a variety of factors small business owners must consider when it comes to the decision to buy or lease a commercial property. When a business owner is in the market for a new commercial space, finding the right location is only part of the equation. Once an area or even a specific location…
The Future Is Now: Virtual Reality Tours Will Revolutionize Commercial Space
Technology is rapidly evolving, and changing the way we do business along with it. And with each advancement, it becomes more accessible, more affordable, and more imaginative. This is a big reason why virtual reality…
Anticipation is Key: How to Deal with Permit Delays
Having a plan and hiring the right contractor and architect make all the difference in avoiding delays to your project
If you’re getting ready to embark on a construction project, you’ve likely heard the horror stories of delays that stretch projects well past their planned…
Top Zoning Issues When Selecting Commercial Property
Keep these common issues in mind when searching for business space. If you’re looking to purchase or lease space for your business, there are a host of hoops you must jump through to secure land. Proper zoning is one of them; and it’s extremely important for selecting and protecting your…
New Zoning Proposal for Mana Wynwood
Moishe Mana has just submitted a rezoning proposal for his 30-acre Mana Wynwood property in hopes to attract innovative companies and trade groups to Wynwood. The New York-based developer has submitted a “special-area plan” for approximately 9 million square feet of space. The space…
Own Miami Beach Apartment Building Meridian Park for $3.1M
Miami Beach Apartment Building for Sale: Meridian Park is an exquisitely renovated 14-unit building located on canopy tree-lined Meridian Avenue in South Beach. Just across the street is Flamingo Park, which just underwent a $2.4 million upgrade and is home to 19 brand-new tennis courts, a track…
Brick House Wynwood Restaurant and Property for Sale for $2.7M
Don’t miss this great opportunity to own a newly constructed and established restaurant/bar lounge in the heart of Wynwood’s Cafe District. The kitchen, bar and bathrooms are all built out with stunning finishes and the property features a huge patio for…
FDOT Studying Ways To Improve Intermodal Freight On Miami River
The FDOT is seeking methods of improving intermodal freight movement on the Miami River, according to Miami Today. The study includes the possibility of short sea shipping — transferring containers from freighters onto smaller barges that could navigate the river. Cargo from…
MIA To Launch Florida’s First Ocean-To-Air Perishables Transit Program
Already the busiest port of entry in America for international air freight, Miami International Airport will soon be able to receive perishable freight imports by sea as well – a first for any Florida airport – through a permit approved in September by the U.S. Department of Agriculture…
Perishables And South Florida: Trade Numbers In Perspective
Fruits, flowers, fish and live horses come in, while medicines, medical products, meat, and perfumes head out. That’s just some of what happens daily at Miami’s three great international nodes: Miami International Airport, Port Everglades and PortMiami. Giving insight into the flow…
Can Buses That Run Like Trains Alleviate Miami-Dade’s Transit Woes?
Forget Metrorail expansion. Miami-Dade is instead moving with all deliberate speed to deploy a different kind of rapid-transit system to connect downtown Miami to the county’s far western reaches, starting as soon as next year, and it will consist of … buses. But not just any buses…
Walking step-by-step in commercial real estate transactions
When Florida residents make important decisions in their lives, they often give a fair amount of consideration and thought to the different issues involved in the matter prior to making the decision. In addition to identifying their objectives and walking through the pros and cons of a particular…
Holding contractors responsible for defective construction work
When Florida business owners acquire new commercial real estate, it can be an incredibly exciting time for the business. The new property may satisfy a long-existing need and allow the company to further grow its operations. For example, a business that has been seeking to expand can take advantage…
What must be included when drafting a purchase agreement?
There are a number of important decisions that must be made by Florida business owners in the course of achieving success for the company. One of the most important decisions often involves commercial real estate. Last week, this blog discussed how business owners frequently are tasked with deciding…
Making the decision to buy or lease commercial real estate
When Florida business owners need to make an important decision, it is vital that they consider all of the advantages and disadvantages that a particular course of action may have. Of course, in order to consider these advantages and disadvantages, business owners need to first be armed with the…
Due Diligence Checklist for Commercial Real Estate Transactions in South Florida
Due Diligence Checklist for Commercial Real Estate Transactions in South Florida: Commercial real estate investments in south Florida can provide lucrative returns when they are selected and managed properly. Rather than just rushing into a transaction, an investor will…
Hurricane Matthew Property Insurance Claims
As Hurricane Matthew bears down on the east coast of Florida, homeowners who happen to be in the path of possible damage are scrambling to make necessary preparations. Staying safe during this storm event is top…
What is the Best Option for Dividing Property in Florida?
If you jointly own real estate in Florida, it is your right to sue for partition. Partition is the dividing up of real property among the owners. When partition is requested, the court decides how much of the property belongs to each individual under Florida Statute 64.05…
Miami Beach board grants variances for townhome project facing Bay Road
The trend of developers focusing on building luxury boutique projects is continuing in Miami Beach. On Tuesday, the Miami Beach Design Review Board gave design approval and granted four variances for a three-townhome…
Miami CRE heavyweights talk Zika, emerging neighborhoods and more: Video
With Miami’s office, retail and hospitality industries seemingly at their peaks, many in the marketplace are wondering how long the good times will last — and whether they’re already behind us. The Real Deal put together a panel of five commercial real estate…
Is the Next Silicon Valley Somewhere in Florida?
Tech is one of the fastest growing industries in the U.S. Its impact has spilled over into almost every sector, including commercial real estate. As JLL’s latest tech report, the 2016 Tech Outlook, points out: technology remains the leading industry…
5 Trends Changing Florida’s Retail Market
Just days after the International Council of Shopping Centers held its annual Florida conference in Orlando, we caught up with JLL’s retail brokerage team to share some of the latest trends the Florida market is experiencing. JLL’s 2016 Florida Retail Report takes a deeper dive at the…
Flagler Global Logistics To Build New Headquarters For Aircraft Parts Supplier
KLX is going to be an anchor tenant of Countyline Corporate Park, a new complex that will offer build-to-suit Class A industrial, office and retail space in one corporate campus setting on the border of Miami-Dade and Broward counties.