Search Results for: Flagler

Miami Commercial Real Estate News July 20, 2022: $300M Office Tower Planned for Design District, 57 Story Apt Tower for Downtown, 700 MF Units for North Miami; More…

Jul 20, 2022 - Top Stories - 0 Comments - Standard

Steve Ross’ plan to redevelop oceanfront Deauville into Frank Gehry-designed project heads to Miami Beach voters After securing the blessing of the majority of the Miami Beach City Commission, billionaire developer Stephen Ross’ proposal to build a two-tower residential and hotel complex on the site of the historic Deauville Beach Resort is heading to voters […]

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 June 8, 2022: Knight Center Redevelopment Plans Gain Ground; Edgewater MF Trades for $211M; Former Epicure Site Sold; More…

Jun 08, 2022 - Top Stories - 0 Comments - Standard

Hyatt, Gencom advance three-tower project planned for Knight Center site Developers’ nearly $2 billion plan to build a hotel and multifamily towers on the Miami River site of the James L. Knight Center and Hyatt complex in downtown Miami is gaining ground. The Miami River Commission unanimously voted on Monday to move forward the proposal […]

Miami Commercial Real Estate News June 1, 2022: A&E District Dev Site Sells for $49M, Lincoln Road Building for $94M, Downtown Assemblage for $58M; Office Vacancy Steady; More…

Jun 01, 2022 - Top Stories - 0 Comments - Standard

Developer pays $49M for Arts & Entertainment District dev site with plans for 540-unit rental tower LCOR is making its South Florida development debut with plans for a 540-unit apartment tower in Miami’s growing Arts & Entertainment District. Berwyn, Pennsylvania-based LCOR, through an affiliate, bought 1.1 acres of land at 1775 Biscayne Boulevard from an […]

Miami Commercial Real Estate News May 11, 2022: Pair of Downtown Miami Buildings Sell for $57M; Miami Beach Hotel Under Contract for $232M; More…

May 11, 2022 - Top Stories - 0 Comments - Standard

Vertical Cold Storage buys Medley freezer facility for $66M A North Sioux City, South Dakota-based cold storage real estate firm breezed into South Florida’s industrial market with a $66 million deal in Miami-Dade County. Vertical Cold Storage, led by President and CEO Curt Mastbergen, bought a 274,191-square-foot freezer facility at 11801 Northwest 102 Road in […]

Miami Commercial Real Estate News May 4, 2022: Beckham MLS Stadium Approved; Southland Mall Sells for $100M; Land Secured for $220M Multifamily Development; More…

May 04, 2022 - Top Stories - 0 Comments - Standard

Miami approves major lease for Beckham soccer stadium mixed-use development From left: David Beckham, former professional footballer and current president and co-owner of Inter Miami CF; Francis Suarez, mayor of Miami; and Jorge Mas, chairman, MasTec, along with a rendering of Miami Freedom Park: The city of Miami commission chambers erupted into cheers and applause […]

Miami Commercial Real Estate News April 20, 2022: Naranja Multifamily Sells for $69.5M; Semi-Trailer Parking Lots in Medley, North Miami-Dade Trade; More…

Apr 20, 2022 - Top Stories - 0 Comments - Standard

New York investor Bayview Partners pays $69.5M for Naranja apartment complex Bayview Partners paid $69.5 million for an apartment complex in south Miami-Dade County’s Naranja neighborhood. Bayview bought the South Pointe complex at 13720 Southwest 272nd Street from an affiliate of the project’s developer, Garco, according to the broker. Tal Frydman of Newmark represented both […]

Miami Commercial Real Estate News April 14, 2022: Miami’s 58% Rent Spike Leads Nation; South Beach Office Building Trades for $52M; More…

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

Miami leads nation with 58% rent spike during the pandemic Miami led the U.S. in rent hikes during the pandemic. Miami’s median apartment rent skyrocketed 58 percent to $2,988 per month since March 2020, according to a newly released report from Realtor.com. Median rents increased nationwide by 19.3 percent to a new high of $1,807, […]

Miami Commercial Real Estate News April 6, 2022: $500M Buyout Offered for Aging Miami Beach Condo; 600 Unit MF Proposed Near Dadeland; Wynwood Property Flipped for 75% Gain in 3 Months; More…

Apr 06, 2022 - Top Stories - 0 Comments - Standard

Related, 13th Floor offer $500M for aging, oceanfront Miami Beach Castle Beach Club condo building Owners of an aging, oceanfront condo building in Miami Beach who banded together late last year in hopes of finding a bulk buyer have their wish granted. The Related Group and 13th Floor Investments offered $500 million to buy out […]

Miami Commercial Real Estate News March 23, 2022: 257 Unit Strata Wynwood Sold; New Rent Increase Notice Reqs; 1040′ Supertall Planned at Brickell City Center; More…

Mar 23, 2022 - Top Stories - 0 Comments - Standard

Trammell Crow proposes 324 apartments in Miami-Dade’s Coral Terrace, puts land under contract Trammell Crow Residential wants to build a 324-unit multifamily complex on land it has under contract in the Coral Terrace neighborhood, marking the developer’s continued bet on Miami-Dade County’s apartment market. The Dallas-based developer proposes Alexan Ludlam on an 8.7-acre industrial site […]

Miami Commercial Real Estate News March 16, 2022: 816-Unit MF Parkline at Miami Central Trades; Rental Portfolio Sells for $82M; More…

Mar 16, 2022 - Top Stories - 0 Comments - Standard

Harbor Group International Acquires 816-Unit ParkLine Miami Luxury Apartment Community Affiliates of Harbor Group International (HGI) have acquired ParkLine Miami, an 816-unit luxury apartment community in downtown Miami. The purchase price was not disclosed, but news outlets reported last fall that the asking price was $500 million. The seller, Florida East Coast Industries (FECI), completed […]

Miami Commercial Real Estate News March 2, 2022: $240M Brickell Church Sale may be Blocked by Member; Ryder Selling HQ; 327-Unit Dev Planned for North Bay Village; More…

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

Ryder Puts Miami Corporate Headquarters Up for Sale Logistics company Ryder System hopes to sell its corporate headquarters near Miami, saying it needs less office space in a post-pandemic world. Ryder System, a member of the Fortune 500, paid $42 million for the 16.8-acre campus at 11690 Northwest 105th Street in unincorporated Miami-Dade County in […]

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 January 26, 2022: Element Hotel Near MIA Sells; Historic Deauville to be Demolished; South Miami Dev Sites Bought; More…

Jan 26, 2022 - Top Stories - 0 Comments - Standard

Miami-Dade judge tosses out Hotel Greystone lawsuit In another court win for Hotel Greystone owner Branden Muhl, a Miami-Dade judge tossed out his ex-partner’s lawsuit accusing him of a hostile takeover of the South Beach property. Miami-Dade Circuit Court Judge Alan Fine last week dismissed an amended complaint filed by Greystone Hospitality, a company managed […]

Miami Commercial Real Estate News December 29, 2021: 400 Unit 2.6M sf Brickell Development Planned; Doral Industrial Properties Sell for $29M; More…

Dec 29, 2021 - Top Stories - 0 Comments - Standard

Mast Capital Unveils Plans for Miami Development Mast Capital has added another project to break ground on in 2022 after acquiring the land for its three-building master-planned development in Miami. The company, alongside equity partner Rockpoint, acquired a 2.8-acre site located at 1420 S Miami Avenue in the city’s Brickell neighborhood for $103 million in […]

Miami Commercial Real Estate News December 22, 2021: Dream Hotel Planned for Riverside Wharf; Edgewater MXU Dev Site Trades for $105M; Year’s Biggest Deals; More…

Dec 22, 2021 - Top Stories - 0 Comments - Standard

Riverside Wharf plans entertainment complex with hotel Slated to break ground in 2022, the Riverside Wharf will soon be the newest entertainment attraction along the Miami River. Projected to be completed in 2025, the 200,000-square-foot, two-tower development plans to offer a fully immersive Miami experience anchored by a 165-room Dream Miami luxury hotel. The complex […]

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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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