Feb 03, 2015 - 0 Comments - Top Stories -

Miami Commercial Real Estate News | 02/03/2015

IMG_2809Developers see a rebirth for Miami’s Omni area, court win for residents trying to block luxury high-rise might be short lived…and more

Downtown Miami
1. Developers see a rebirth for Miami’s Omni area [Miami Herald]2. Hollow victory? See why court win for residents trying to block luxury high-rise might be short lived [Daily Business Review]3. David Beckham’s new MLS club should play at Sun Life Stadium for now [Miami Ne…

Moishe Mana continues adding to downtown Miami portfolio

Moishe Mana
Israeli developer Moishe Mana picked up another downtown Miami property — this time on North Miami Avenue.
Mana spent $7.75 million on the 15,000-square-foot site at 140 North Miami Avenue. Brown Asset Two sold the two-story building, which was built in 1925.
Mika Mattingly and Sha…

Suniland Shopping Center to add Japanese BBQ eatery

Suniland Shopping Center (credit: David Rappoport Photography)
Terranova Corporation said Monday that it has signed Gyu-Kaku Japanese BBQ to Suniland Shopping Center, in a deal that marks the restaurant chain’s second location in Miami-Dade County.
Gyu-Kaku Japanese BBQ’s 10-year lease i…

NBWW will be architect on three Miami Beach projects

Rendering of The Versailles
Coral Gables-based Nichols Brosch Wurst Wolfe & Associates (NBWW) announced Monday that it will be the lead architect for the historic restoration and renovation of three new Miami Beach projects from South of Fifth to North Collins Avenue.
The projects include Kimpto…

Fort Lauderdale apartment tower sells for $53M

Vu New River Apartments in downtown Fort Lauderdale
A newly completed apartment tower in downtown Fort Lauderdale sold for more than $50 million.
Vu New River Apartments, located at 510 Southeast Fifth Avenue, sold to an affiliate of MetLife Real Estate Investors for about $250,000 per unit, accordi…

Solution for rising sea levels could pollute Biscayne Bay

Kayakers on Biscayne Bay
Scientists are now worried about another side effect of climate change in South Florida. Biscayne Bay might get inundated by water no longer safe for swimming.
According to a study by Florida International University geologist Henry O. Briceno, the pumps installed to keep Mi…