Search Results for: Flagler

Miami Commercial Real Estate News June 5, 2024: 3,200-Unit Live Local Act Project Proposed for West Little River; Wynwood 48-Story MXU Planned; More….

Jun 05, 2024 - Top Stories - 0 Comments - Standard

Live Local Project With 3,233 Residential Units Proposed in North Part of Miami-Dade Plans have been submitted to Miami-Dade reviewers for a massive Live Local project. The project is named The HueHub or Holland Park. It is planned to include: 3,233 residential units 57,260 square feet of retail 4,249 parking spaces Multiple towers are planned, […]

Miami Commercial Real Estate News May 22, 2024: Live Local Act Amended; 1,219-Unit 1.8M sf Overtown Development Approved; $200M+ Fisher Island Dev Site Hits Market; More…

May 22, 2024 - Top Stories - 0 Comments - Standard

Co-Living Community ‘i5 Wynwood’ Reaches Completion At 51 NW 28th Street In Wynwood i5 Wynwood, a newly completed co-living community in Miami’s Wynwood neighborhood, is now welcoming its first residents. Located at 51 Northwest 28th Street, between North Miami Avenue and Northwest 1st Avenue, this 9-story residential building was designed by Arquitectonica and has interiors […]

Miami Commercial Real Estate News May 8, 2024: 523-Foot Racquet Club Planned for Brickell; Medley Industrial Portfolio Trades for $18M; More…

May 08, 2024 - Top Stories - 0 Comments - Standard

Construction Begins At 41-Story Biscayne Boulevard Tower Developers held a groundbreaking event last month for a 41-story tower on Biscayne Boulevard, and photos show that work is now underway. The tower, known as 2600 Biscayne, will span an entire city block, one block away from a planned Northeast Corridor rail stop. When complete, it will […]

Miami Commercial Real Estate News May 1, 2024: Brickell Office Tower Hits Market at $500M; Hialeah MXU Project Approved; $1B Aston Martin Tower Completed; More…

May 01, 2024 - Top Stories - 0 Comments - Standard

Nuveen’s 701 Brickell office tower hits the market for over $500M Nuveen Real Estate listed its 701 Brickell office tower in Miami for more than $500 million, marking at least the fourth property in the financial district to hit the market since the fall. New York-based Nuveen’s 33-story bayfront tower, named for its address at 701 […]

Miami Commercial Real Estate News April 24, 2024: Brickell Dolce & Gabbana Dev Site Trades for $60M; Miramar Office Properties Sold at 45% Loss; More…

Apr 24, 2024 - Top Stories - 0 Comments - Standard

Michael Stern pays $61M for Brickell site of Dolce & Gabbana supertall As questions swirl about the future of Michael Stern’s Brooklyn supertall, the developer appears to be all in on Miami. Stern’s JDS Development Group paid $61.2 million for the half-acre site at 888 Brickell Avenue, where the firm plans a Dolce & Gabbana-branded condo-hotel […]

Miami Commercial Real Estate News April 10, 2024: Carnival’s 470k sf HQ for Sale; Apple Takes 42k sf in Coral Gables; Surfside Dev Site Trades for $60M; More…

Apr 10, 2024 - Top Stories - 0 Comments - Standard

Carnival Lists 470K SF Miami Headquarters For Sale Carnival Corp. is looking to sell its massive headquarters in a Miami suburb and reduce its footprint in the city by around 35%. The cruise company has brought on Cushman & Wakefield to market its 470K SF headquarters in Doral and is looking to lease around 300K […]

Miami Commercial Real Estate News April 3, 2024: Baccarat Scores $328M Construction Loan; W Hotel on Brickell Under Contract; $908M Golden Glades Rebuild Begins; More…

Apr 03, 2024 - Top Stories - 0 Comments - Standard

BH, Süzer buying W Hotel in Miami’s Brickell BH Group and Süzer Group are under contract to buy the W Miami hotel in Brickell. Sources familiar with the seller confirmed the pending deal, but could not disclose the sale price. Al Rayyan Tourism Investment Company, or ARTIC, is selling the 50-story, 148-key hotel at 485 Brickell […]

Miami Commercial Real Estate News March 27, 2024: Brickell Assemblage Hits Market for $650M; Elite Private School Scraps $180M Campus Plans; More…

Mar 27, 2024 - Top Stories - 0 Comments - Standard

Aimco’s waterfront Brickell office and apartment towers hit the market for $650M: source Brickell hit the market for roughly $650 million, marketed as a possible redevelopment opportunity, The Real Deal has learned. The Denver-based real estate investment trust wants to sell the 32-story Brickell Bay Office Tower at 1001 Brickell Bay Drive and the 31-story, 357-unit […]

Miami Commercial Real Estate News March 6, 2024: 67-Story Mercedes-Benz Tower Planned; Brickell’s Tallest Breaks Ground; 112-Unit Live Local Act MF Proposed for Model City; More…

Mar 06, 2024 - Top Stories - 0 Comments - Standard

Developers Propose ‘River Haus’ for 123 N.E. 79th Street in Little River Our sources have revealed an exciting venture proposed for Miami’s Little River neighborhood. River Haus, rising eight stories above grade, would comprise 218,546 square feet of new construction, offering 154 apartments. Homes will measure 505 square feet to 955 square feet each, with […]

Miami Commercial Real Estate News February 7, 2024: Will Be Miami’s New Tallest Breaks Ground as it Scores $600M Financing; North Bay Village Project Halted; More…

Feb 07, 2024 - Top Stories - 0 Comments - Standard

3600 Biscayne Gets FAA, UDRB Approval A proposal to build a multi-family tower at 3600 Biscayne Boulevard has received approval from the UDRB and FAA. According to an FAA letter sent to developer Pacific Star Capital on January 30, the tower is permitted to rise 231 feet above ground, or 242 feet above sea level. […]

Miami Commercial Real Estate News January 31, 2024: $82M Miami Beach Office Sale Collapses; 806 Unit MF Planned Near Douglas Metrorail; LA Fitness Building Trades for $15M; More…

Jan 31, 2024 - Top Stories - 0 Comments - Standard

Nightingale’s $82M Miami Beach Office Sale Collapses In Flurry Of Lawsuits The planned $82M sale of a Miami Beach office building owned by Nightingale Properties has failed to close, sparking a court battle between the embattled developer and the planned buyers. The dispute rose to the surface just as CEO Elie Schwartz began repaying $53M in […]

Miami Commercial Real Estate News January 10, 2024: MXU, Affordable Housing Expansion Planned for Bal Harbour; Grove Central MXU Completed; More…

Jan 10, 2024 - Top Stories - 0 Comments - Standard

Whitman Family Development Unveils Plans for Mixed-Use Development Within Bal Harbour Shops Property Whitman Family Development, the family-owned company behind the creation of Bal Harbour Shops, has submitted plans for a new mixed-use development in the Village of Bal Harbour, Florida. Aimed at enhancing the 18-acre property, this project proposes the addition of attainable and […]

Miami Commercial Real Estate News January 3, 2024: Hialeah Industrial Sold to Mormon Church for $174M; Doral Office Trades for $29M, Self-Storage Near Aventura for $20M; More…

Jan 03, 2024 - Top Stories - 0 Comments - Standard

Mormon church’s real estate arm drops $174M for Beacon industrial park in Hialeah The Church of Jesus Christ of Latter-day Saints’ commercial real estate arm dropped $174.3 million for the Beacon Logistics Park in Hialeah. Property Reserve, which invests the LDS church’s reserve funds, bought the majority of the 1.3 million-square-foot industrial campus on the northeast […]

Miami Commercial Real Estate News December 27, 2023: Year’s Top Industrial Sales, Retail & Office Leases; Slew of Construction Financing Approvals; EV Aircraft Planned in Miami for 2027; More…

Dec 27, 2023 - Top Stories - 0 Comments - Standard

Here are South Florida’s priciest industrial sales of 2023 Institutional buyers seeking massive warehouse portfolios dominated the top five largest industrial deals in South Florida in 2023. National industrial players primarily gobbled up complexes and business parks in Miami-Dade and Broward counties, which are much larger industrial submarkets than Palm Beach County. Overall, 2023’s top five industrial […]

Miami Commercial Real Estate News December 20, 2023: Largest Office, Retail, Multifamily Sales; Hialeah Cold Storage Sells for $113M; Big Density Trade; More…

Dec 20, 2023 - Top Stories - 0 Comments - Standard

Amancio Ortega’s Pontegadea pays $113M for Hialeah cold storage Spanish billionaire Amancio Ortega’s real estate family office is expanding its cold storage business, acquiring its second Hialeah freezer facility in seven months. An affiliate of Ortega’s Pontegadea paid a cool $113 million for Bridge Point Cold Logistics Center, a 312,000-square-foot warehouse at 3995 West 108th Street, […]

Miami Commercial Real Estate News December 13, 2023: 1.4M sf South Florida Industrial Portfolio Trades; Medley Warehouse Sells for $45M; Downtown Miami Dev Site Hits Market; More…

Dec 13, 2023 - Top Stories - 0 Comments - Standard

Gindi family’s ASG sells Miami Design District retail building for $22M The Gindi Family’s ASG Equities sold a retail building in the Miami Design District for $22 million. Alo Yoga, the property’s current tenant, acquired the nearly 5,000-square-foot single-story store at 101 Northeast 40th Street, according to records and Vizzda. The seller, an ASG affiliate, paid […]