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Miami Commercial Real Estate News May 29, 2024: Wynwood Tallest Ever Planned Under Live Local Act; Elle-Branded Tower Launched in Edgewater; More…

May 29, 2024 - Top Stories - 0 Comments - Standard

Terreno Realty Completes 186 KSF Industrial Facility in Hialeah Among Terreno Realty Corp.’s recent additions to its industrial portfolio is this 112,000-square-foot facility in Redondo Beach, Calif., which it acquired last year for $45.7 million. Image courtesy of CommercialEdge Terreno Realty Corp. has completed Countyline Corporate Park Phase IV Building 40, a 186,000-square-foot facility in […]

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 15, 2024: 1,200 Units Proposed for Overtown; 276-Unit Hamilton to Hit Market; 108-Unit Hialeah MF Trades for $21M; More…

May 15, 2024 - Top Stories - 0 Comments - Standard

Aimco plans to list waterfront Hamilton apartment tower, its second major Miami asset to hit market Aimco’s waterfront Hamilton apartment tower in Edgewater will hit the market, marking its second major Miami property to list for sale this year. The real estate investment trust will put the 28-story, 276-unit Hamilton at 555 Northeast 34th Street on […]

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 17, 2024: Black Lion Buys Miami Beach MXU for $62M; Developer David Martin Buys into Deauville; Pair of Hotels Proposed for Blue Lagoon Site; More…

Apr 17, 2024 - Top Stories - 0 Comments - Standard

Terra’s David Martin buys stake in Deauville Miami Beach site, plans reconstruction Developer David Martin acquired a minority stake in the site of the former Deauville Beach Resort, a property that billionaire developer Stephen Ross had under contract two years ago. Deauville Associates, led by the Meruelo family, sold a 25 percent interest in the 3.8-acre […]

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 20, 2024: Condo Termination Ruling Puts Buyouts in Limbo; Adam Neumann’s Plans at Miami Worldcenter; More…

Mar 20, 2024 - Top Stories - 0 Comments - Standard

WeDevelop: Here are Adam Neumann’s plans at Miami Worldcenter Flow, the apartment startup founded by billionaire Adam Neumann and backed by venture capital firm Andreessen Horowitz, has three projects in various stages of development at Miami Worldcenter. The buildings are valued at about $450 million, according to a source. Neumann’s purchases at Miami Worldcenter date back […]

Miami Commercial Real Estate News March 13, 2024: Miami to Aventura Train Gets Fed Funding Recommendation; North Miami Beach Mall Trades for $46M; More…

Mar 13, 2024 - Top Stories - 0 Comments - Standard

Pre-Application Filed For 280-Unit Multifamily Tower Near Arsht Center A pre-application was filed with Miami-Dade planners yesterday for a downtown Miami residential tower. The building is being proposed under the county’s Rapid Transit Zone zoning code. The new tower is planned to rise 26 stories, and will be a multi-family residential building, according to a […]

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 21, 2024: Santander Plans to Replace its Brickell Tower; Miami International Mall Loan Payoff Missed; More…

Feb 21, 2024 - Top Stories - 0 Comments - Standard

Partnership Tops Out 509-Unit Residences at The Wynwood Plaza Co-developers L&L Holding Co. and Oak Row Equities, along with project partner Shorenstein Properties and capital partner Claure Group, have topped out the Residences at The Wynwood Plaza, a 509-unit apartment development in Miami. The property serves as the multifamily component of Wynwood Plaza, a 1 […]

Miami Commercial Real Estate News February 14, 2024: Mega MXU with 5,000 Affordable Units Proposed for Little River & Little Haiti; 700 ft. High Downtown Skybridge Between Towers Proposed for Downtown; More…

Feb 14, 2024 - Top Stories - 0 Comments - Standard

Swerdlow Group Unveils $3 Billion Mixed-Use Public Housing Vision For Miami’s Little River And Little Haiti Neighborhoods In a bold move that signals a transformative shift for Miami’s urban landscape, the Swerdlow Group has unveiled plans for a $3 billion mixed-use public housing project, poised to become one of Miami’s most significant developments. Spanning 65 […]

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 24, 2024: MSC Announces Downtown Miami HQ; Evacuated Surfside Condo Bought as Dev Site; Major Live Local Act Reach Testing Lawsuit Filed;

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

Bal Harbour Shops Owner Files First Major Lawsuit Testing Reach Of Live Local Act The owner of the Bal Harbour Shops is stepping up its fight with local politicians to add four residential towers to the luxury shopping center. Whitman Family Development, which owns the shops, filed a lawsuit Tuesday asking a judge to compel […]

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Within these pages, you will find infomation related to Miami area commercial real estate, Miami-Dade County commercial property. Most specifically, you will find information about retail, multifamily, office, and industrial property in the Miami, Florida area. This will include information about lease rates, price trends, closed transactions, rumored transactions, economic statistics, capitalization rates, vacancy rates, rental rates, and development related to commercial real estate in the Miami area.

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