Search Results for: Flagler

Miami Commercial Real Estate News May 10, 2023: Demo Begins for Supertall Office Tower; Ph 1 of $1B Southland Redev Approved; MF Trades for $98M, Another for $56M; More…

May 10, 2023 - Top Stories - 0 Comments - Standard

David Martin’s $1.2B downtown Miami buy could rally the market Martin and his Coconut Grove-based firm, Terra, lead SmartCity Miami, a group of undisclosed investors buying the 15.5-acre assemblage Genting Group officially listed for sale late last year. The bayfront property, in Miami’s Arts & Entertainment District, is expected to mark the priciest urban land […]

Miami Commercial Real Estate News April 5, 2023: North Miami Office Property Sells for $39M; Former Herald Site May Fetch $1.5B; Micro Housing Planned Near Metrorail; More…

Apr 05, 2023 - Top Stories - 0 Comments - Standard

Attainable Housing Community Opens in Miami Douglas Enclave, a 199-unit attainable housing community in Miami, has opened its doors to residents. The Astor Cos. received the development’s temporary certificate of occupancy from the City, expecting a final one in the next 60 days. Douglas Enclave comprises a mix of workforce and affordable units, as well […]

Miami Commercial Real Estate News March 9, 2023: Ryder Sells HQ for $42M; 1M SF Wynwood MXU Breaks Ground; 247-Unit MF Proposed at Metrorail Station; More…

Mar 09, 2023 - Top Stories - 0 Comments - Standard

Developer Announces Plans For 111-Unit Visions At Brickell Station Plans for a new condo-hotel have just been revealed in Brickell. Urban Network Capital Group said in a press release yesterday that it had acquired three parcels located at 1120, 1130 and 1136 SW 3rd Avenue in Miami for a combined $8.5M. The developer plans an […]

Miami Commercial Real Estate News February 15, 2023: 43-Story Building with Robotic Garage Proposed for Edgewater; Luxury Resort May be Coming to Magic City Casino Property; More…

Feb 15, 2023 - Top Stories - 0 Comments - Standard

Revealed: 44-Story West Eleventh Residences Planned In Park West PMG, Michael Simkins’ Lion Development Group, and Marc Roberts Companies have just announced plans for a Park West tower called West Eleventh Residences, to be developed in collaboration with Airbnb. West Eleventh Residences will rise 44 stories, with architecture by Sieger Suarez Architects. The ground floor […]

Miami Commercial Real Estate News December 28, 2022: Pinecrest Retail Trades for $71M, Little Havana Multifamily for $31M, Trio of Walgreen’s for $34M; More…

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

MetLife sells Pinecrest shopping center to Miami JV for $71M After keeping it on its books for nearly 30 years, Metropolitan Life Insurance has sold a Pinecrest shopping center to a Miami-based joint venture for $70.5 million. An affiliate of Ibrahim Al-Rashid’s Limestone Asset Management and Joseph Sanz’ Orion Real Estate Group picked up the […]

Miami Commercial Real Estate News December 21, 2022: 4M sf $1B Riverfront Dev Breaks Ground; 55-Story Brickell Office Full Before Completion; Biggest Deals of 2022; More…

Dec 21, 2022 - Top Stories - 0 Comments - Standard

Chetrit Group to Transform Miami River Waterfront with 4M-SF of Residence, Office, Retail, Hospitality New York based developer Chetrit Group, a privately held real estate development company, has begun its transformation of six acres of Miami River waterfront located between I-95, Southwest Second Avenue and Jose Marti Park in Miami, FL. When fully completed in 2026, […]

Miami Commercial Real Estate News December 14, 2022: $1B Miami River Project Revived; FTX Was Miami Bound; Cube Wynwd Trades for $62M, Gables Dev Site $36M; More…

Dec 14, 2022 - Top Stories - 0 Comments - Standard

Chetrit revives $1B Miami River megaproject The Chetrit Group is resuscitating plans for its $1 billion megaproject along the Miami River, and is tapping hospitality mogul David Grutman to run the food and beverage operations. New York-based Chetrit secured approval in 2015 for the 4 million-square-foot phased project, planned for a 6.2-acre site south of […]

Miami Commercial Real Estate News November 9, 2022: Deauville Upzone, Lincoln Road Office Projects Voted Down; Retail Rents Up; Office Sales Dive; A $471M Multifamily Properties Trade; More…

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

Robert Rivani fattens his South of Fifth restaurant portfolio Robert Rivani is done hunting for commercial condos in Miami Beach’s South of Fifth neighborhood after picking up a restaurant space near Joe’s Stone Crab. Rivani, a mohawked retail investor who leads Los Angeles-based Black Lion Investment Group, paid $12.2 million for a 13,500-square-foot commercial unit […]

Miami Commercial Real Estate News November 2, 2022: Fed Hikes Rates; UDB Expanding Industrial Project, $100M Cutler Bay Senior Living MXU Approved; Another Aging Condo Evacuated; More…

Nov 02, 2022 - Top Stories - 0 Comments - Standard

Miami & Other Sun Belt Markets Dominate Top 10 ‘Markets to Watch’ in 2023, According to Emerging Trends Report A variety of Sun Belt markets once again lead the “top markets to watch” in 2023 for overall real estate prospects, with Nashville ranking No. 1 for the second consecutive year in the annual Emerging Trends […]

Miami Commercial Real Estate News October 19, 2022: UDB Expanding Project Vote Deferred; Edgewater Dev Site Trades for $23M; Office Rents Climbing; More…

Oct 19, 2022 - Top Stories - 0 Comments - Standard

Oak Row and Lndmrk pay $23M for Edgewater dev site Oak Row’s David Weitz and Erik Rutter, Lndmrk’s Alex Karakhanian with 2927 Northeast Fourth Avenue: Oak Row Equities and Lndmrk Development are embarking on another Edgewater joint venture, snapping up a 1.5-acre site for $22.5 million in the booming Miami neighborhood. The joint venture is […]

Miami Commercial Real Estate News October 5, 2022: FTX, Muriel Siebert & Co. Relocating to Miami; Ken Griffin’s Plans for Brickell; $200M Offered for Casablanca Miami Beach; More…

Oct 05, 2022 - Top Stories - 0 Comments - Standard

Aventura officials give thumbs-up to 86-unit condo tower A 26-story condo project is moving forward in Aventura after developers scored a key approval from the city. The Aventura City Commission voted to grant a conditional-use permit for an 86-unit condo tower proposed by a joint venture between 2151 Development Group and 2020 Acquisitions. The tower, […]

Miami Commercial Real Estate News September 14, 2022: Fisher Island Dev Site Trades for $100M, One Near Beckham Stadium for $32M; $30M Edgewater Assemblage Closes; More…

Sep 14, 2022 - Top Stories - 0 Comments - Standard

Related Group, partners close on $100M-plus Fisher Island development site Jorge Pérez’s Related Group and its partners closed on their purchase of the last condo development site on exclusive Fisher Island in Miami Beach. Miami-based Related, billionaire Teddy Sagi, BH Group and Chicago-based Wanxiang America RE Group paid more than $100 million for the property […]

Miami Commercial Real Estate News August 24, 2022: Voters Approve Miami River Dream Project; Wynwood Development Site Hits Market for $32M; More…

Aug 24, 2022 - Top Stories - 0 Comments - Standard

Miami Beach voters approve upzoning referendums Miami Beach residents voted in favor of zoning changes that could boost floor area ratio — or overall project size — of certain properties in the city. They also approved closing a loophole tied to the city’s vacation of public streets. Voters on Tuesday approved an increase in FAR […]

Miami Commercial Real Estate News August 10, 2022: Medley Industrial Trades at 4x 2017 Price; Hialeah Shopping Center Sells for $43M; More…

Aug 10, 2022 - Top Stories - 0 Comments - Standard

Enrique Manhard, Miami’s great land gambler Enrique Manhard, whose past bets on clothing stores turned him into a fashion mogul, is wagering on another lucrative industry: Miami real estate. Manhard and his partners have purchased 27 lots in the city since 2017. They join other tycoons who have built empires across industries such as professional […]

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 27, 2022: CBD Multifamily Trades for $184.5M, NMB Self-Storage for $26M; 2.6M sf Spec Industrial Planned for Doral; More…

Jul 27, 2022 - Top Stories - 0 Comments - Standard

Coral Gables commission gives Allen Morris another chance for Ponce Circle project The Allen Morris Company has another chance to amend its plans for a controversial development near The Plaza megaproject in Coral Gables. The city commission voted to postpone a decision on two ordinances that would allow a change in the property’s zoning to […]