Developer Moishe Mana buys trio of downtown Miami properties for $8.2 million
New York developer Moishe Mana added to his collection of properties along Flagler Street in downtown Miami with a trio of acquisitions for a combined $8.2 million. With the city set to overhaul the street scape and thousands of new residential units under construction, Flagler Street has potential to be a retail destination. Mana has…
Busier port unloads its widest ship
The widest vessel ever worked at PortMiami floated through its deepened channel last week. Carrying 9,400 containers, Panama-registered MSC Giselle sailed through the 50- to 52-foot channel, which now can welcome 14,000-container ships, far above the 5,700 limit before. “It’s a sign of…
Ram Real Estate obtains $48 million loan for Doral apartment project
Ram Real Estate nabs a $48 million construction loan to build its Residences at Intercontinental Village apartment project in Doral. Ram Columbia Doral LLC, an affiliate of the Palm Beach Gardens-based developer, received the mortgage from PNC Bank. The developer received acquired 16.4 acres at 2520 and 2611 N.W. 84th…
Historic church to become grocery
An historic Miami church built in 1926 in neoclassical design could end up with a fresh produce aisle and a deli counter under a plan to redevelop the site with a companion residential tower. Fifteen 1836 Biscayne LLC, owner of the property, gained approval of city review boards in September to…
Sale Of Office Building Negotiated On Fort Lauderdale’s 17th Street Causeway
Over the past two years, Berger Commercial Realty has sold nearly $50 million worth of properties located on the 17th Street Causeway corridor.
JLL Tapped to Lease New 115,000 SF Building In Miami
JLL’s Senior Vice President Noël Steinfeld will spearhead the leasing efforts.
18 Acres of Development Potential: a Site in North Miami Beach
Attention: a large, triangular piece of land has emerged. Observed to have major development potential. Be on the lookout. It’s reported to clock in at 17.7 acres in North Miami Beach. It could be anything–retail, commercial, office, hotel, educational–because the…
10-Year AutoZone Lease Negotiated In Greenacres
Representing the buyer, NAI Miami’s Joseph Gallaher and Jeremy Larkin negotiated the 8,850 square foot lease valued at over $1 million.
JLL tapped to lease Mercy Medical Arts building
A new medical office building on the main campus of Mercy Hospital in Miami’s Coconut Grove neighborhood will begin pre-leasing, JLL announced on Tuesday.Mercy Medical Arts, a four-story development, will include 115,000 square feet of medical office…
Miami-Dade home prices rise again in August
Home prices in Miami-Dade County continued to rise during August, but at a reduced pace. A new report from CoreLogic showed that home prices in the county — including distressed properties…
Bridging the Cultural Gap With Chinese Investors
“Do not group all Chinese clients into one group…”
How Hungry Are Multifamily Investors?
We may be looking at another several years in this cycle, according to John Sebree, VP and national director of the national multifamily housing group at Marcus & Millichap. Sebree is moderating the Industry Leaders: The Way Forward panel at the upcoming RealShare Apartments on October 22 in Downtown Los Angeles. Before he takes…