Search Results for: Codina

Miami Commercial Real Estate News September 28, 2022: Three Miami Beach Hotels Trade for $100M; Brickell City Center Mega Tower Approved; More…

Sep 28, 2022 - Top Stories - 0 Comments - Standard

Baptist Health sells Doral data facility for $34M American Tower, a global communications infrastructure real estate investment trust, bought a data center in Doral from Baptist Health South Florida for $34 million. Records show American Tower bought the data center at 2100 Northwest 84th Avenue from Miami-based Baptist via a Delaware LLC. American Tower is […]

Miami Commercial Real Estate News August 3, 2022: South Beach WeWork Location Sells for $37M, Little Haiti Retail for $17M; Citadel Takes 95K sf at 830 Brickell; More…

Aug 03, 2022 - Top Stories - 0 Comments - Standard

Industrial rents keep climbing, as vacancies drop in South Florida Inflation? Recession? Pfft. South Florida’s industrial market hasn’t slowed down, as super low vacancy rates continue driving rents to new heights. In the second quarter, industrial landlords in Miami-Dade County increased asking rents by more than $1, compared to the same period last year, while Broward […]

Miami Commercial Real Estate News July 13, 2022: Mary Brickell Village Shops Trades for $216M; 593 Unit MF on River Planned; More…

Jul 13, 2022 - Top Stories - 0 Comments - Standard

RPT Realty buys Shops at Mary Brickell Village for $216M RPT Realty picked up the Shops at Mary Brickell Village for $216 million, marking the latest major real estate deal in the Miami neighborhood. New York-based RPT Realty, through an affiliate, bought the retail at 900 and 901 South Miami Avenue, as well as at […]

Miami Commercial Real Estate News June 29, 2022: Citadel Moving to Miami, Seen Behind $363M Land Purchase; Calder’s Horse Track Sold for $287M; More…

Jun 29, 2022 - Top Stories - 0 Comments - Standard

Griffin’s Citadel seen behind record $363 million Miami land purchase Ken Griffin’s plans to shift Citadel’s headquarters to Miami from Chicago gained momentum months ago with a record-breaking acquisition on the South Florida waterfront. Griffin and his company were behind the $363 million purchase of a 2.5-acre vacant site at 1201 Brickell Bay Drive, according to […]

Miami Commercial Real Estate News February 9, 2022: Hialeah Industrial Development Site Trades for $29M, Miami Beach’s Sixty Six Condo-Hotel for $24M; More…

Feb 09, 2022 - Top Stories - 0 Comments - Standard

Greg Mirmelli picks up Collins Avenue property after flipping nearby building Miami Beach investor Greg Mirmelli purchased a retail property on Collins Avenue that he eventually hopes to redevelop into a high-end residential project, The Real Deal has learned. Mirmelli said he paid about $6.5 million for the building at 600 Collins Avenue in South […]

Miami Commercial Real Estate News May 19, 2021: Nissan Dealer Buys Doral Property; Multifamily Developer Secures Little Havana Assemblage; More…

May 19, 2021 - Top Stories - 0 Comments - Standard

Bill Seidle’s Nissan dealership buys Doral building for $16M A Nissan dealership bought a Doral building where it operates its service center for $16 million. An affiliate of Bill Seidle’s Nissan, which sells and repairs vehicles, bought the property at 10688 Northwest 12th Street from The Miami International Grantor Trust, according to public records. The […]

Miami Commercial Real Estate News April 28, 2021: 452-Unit MF Trades for 96.6M; Governor Signs Bill Reducing CRE Lease Sales Tax; Office Market Heating Up; More…

Apr 28, 2021 - Top Stories - 0 Comments - Standard

MG3 Group sells Florida charter school portfolio including Everglades Prep in Homestead for $242M An Aventura-based charter school developer sold two South Florida campuses for $78.1 million, as part of a $242 million portfolio deal for eight schools throughout the state. MG3 Group, led by Marcelo Saiegh, Hernan Leonoff and Gustavo Bogomolni, sold the schools […]

Miami Commercial Real Estate News April 7, 2021: Hialeah Industrial Properties Sell for $50 Mil, Acre at Worldcenter for $20 Million; Inflation Expectations Rising; More…

Apr 07, 2021 - Top Stories - 0 Comments - Standard

Codina Partners’ plan for Coral Gables rental tower advances with three-way property swap Codina Partners’ plan for a high-end rental tower in Coral Gables is a step closer… As part of the three-way trade, Codina Partners bought a 1.3-acre development site… bought Coral Gables’ former police building at 2801 Salzedo Street from the city for […]

Miami Commercial Real Estate News March 17, 2021: Coconut Grove Residence Inn Sells; Kushner Breaks Ground on Wynwood Project; More…

Mar 17, 2021 - Top Stories - 0 Comments - Standard

Kushner starts construction on first South Florida development, scores $80M loan Laurent Morali and Charles Kushner with a rendering of their Wynwood project Kushner Companies started construction on its first South Florida development with partner Block Capital Group. The developers are financing construction of their Wynwood project with a roughly $80 million loan from Axos […]

Miami Commercial Real Estate News August 5, 2020: Oligarch’s Offices Raided; Dunkin Closing 800 Locations; We Troubles; Employment Steady; More…

Aug 05, 2020 - Top Stories - 0 Comments - Standard

Federal agents raid Cleveland and Miami offices of company tied to Ukrainian oligarch Agents with the FBI and the Internal Revenue Service on Tuesday raided two offices belonging to Optima Management Group, a company with ties to a Ukrainian oligarch, federal law enforcement sources tell CBS News. The federal agents conducted the raid of Optima […]

Miami Commercial Real Estate News June 10, 2020: Closed CRE Sales & Sales to List Price Charts; Medley Warehouses Trade for $27 Million; Retail Woes Continue; More…

Jun 10, 2020 - Top Stories - 0 Comments - Standard

Brookfield pays $27 million for Medley warehouses Brookfield Property Partners is increasing its presence in South Florida’s booming industrial market. The real estate arm of the Toronto-based asset manager purchased two industrial warehouses at 10800 Northwest 92nd Terrace in Medley for $26.9 million, records show. Oviedo, Florida-based A. Duda & Sons sold the warehouses. The […]

Miami Commercial Real Estate News February 26, 2020: Mana Seeks to Nix Wynwood BID; Miami-Dade Industrial Sales Top $1 Billion; More…

Feb 26, 2020 - Top Stories - 0 Comments - Standard

Moishe Mana Wants Wynwood BID Dismantled; Both Sides Call Emergency Meetings This week, Moishe Mana, one of Miami’s largest landholders, has been circulating an online petition imploring people to “Save Wynwood,” warning that some stakeholders want to stop nightlife in the district at 11 p.m. At press time, it had over 22,000 signatures. He has […]

Miami Commercial Real Estate News February 19, 2020: Fountainebleu Reveals Proposed Addition; Jewelry District’s Metro Mall Renovation Begins; More…

Feb 19, 2020 - Top Stories - 0 Comments - Standard

Fontainebleau Miami Beach reveals proposed addition Jeffrey Soffer wants to build a new garage at Fontainebleau Miami Beach, with top-floor ballrooms. The proposed garage will be strictly for employees, which means hotel guests will continue to valet at the entrance of the storied resort. Miami Beach’s land use committee on Thursday recommended the project after […]

Miami Commercial Real Estate News September 18, 2019: Fed Cuts 0.25%; Urbanica Developing Hotel on Miami Beach; Tariff Effects on CRE; More…

Sep 18, 2019 - Top Stories - 0 Comments - Standard

Regency Miami near Beckham’s planned soccer complex trades for $26M A company tied to Miami investor Orlando Padron has acquired a 3.8-acre hotel property near Miami International Airport and David Beckham’s planned soccer and retail complex. OPB Capital Group Fund 1 LLC paid $25.8 million for the Regency Miami Hotel at 1000 Northwest 42nd Avenue. […]

Miami Commercial Real Estate News September 4, 2019: Miami Office Construction Hits Record; Impact on CRE of Dorian’s Near Miss; More…

Sep 04, 2019 - Top Stories - 0 Comments - Standard

Hurricane Dorian spared South Florida but will still cost developers and contractors Most general contractors are back to work in South Florida, after securing and shutting down their job sites last week in anticipation of Hurricane Dorian’s arrival. While South Florida escaped the storm’s wrath, developers and contractors saw their costs rise as the days […]

Miami Commercial Real Estate News April 10, 2019: ZOM Buys to Develop at Miami Worldcenter; Considering Climate Risk; Developer Faces New Charges; More…

Apr 10, 2019 - Top Stories - 0 Comments - Standard

ZOM Living, Moinian Group Purchase Land to Develop 43-Story Apartment Tower in Miami Worldcenter ZOM Living and The Moinian Group have partnered to purchase the land necessary to develop Luma, a 43-story, 434-unit apartment community within downtown Miami’s Miami Worldcenter project. The joint venture plans to break ground in the coming weeks. Luma will offer […]