Regions Southeast | Miami
Bridge Development Expands to Miami, Appoints Carroll to Principal
Jan. 08, 2009
Bridge Development Partners L.L.C. has opened an office in Miami and appointed Kevin Carroll principal to operate the new location. In this capacity, Carroll will be responsible for acquiring and developing office and industrial real estate throughout Miami-Dade, Broward and Palm Beach Counties.
Flagler Breaks Ground on 400,000-SF Expansion at Miami Retail Center
Nov. 06, 2008
Flagler Real Estate has broken ground on the new 400,000-square-foot retail expansion at The Palms at Town & Country in Miami. When completed, the 75-acre site located at 8268 Mills Drive and owned by TIAA-CREF, will house 700,000 square feet of mixed retail components in an open-air design and a 133,000-square-foot Professional Arts Center.
Financing Deal Closes for Miami Office Space
Oct. 27, 2008
The financial crisis is not keeping Kennedy Financing from doling out loans. The Hackensack, N.J.-based direct private lender has just closed a financing deal for 888 Biscayne Enterprises L.L.C.'s acquisition of 44,000 square feet of unfinished commercial space on four floors of the newly developed Marina Blue Condominium building overlooking Biscayne Bay in Miami.
$250M Loan Closes for $1B Miami Mixed-Use Project
Oct. 22, 2008
Judging by news that just emerged about the ambitious Metropolitan Miami mixed-use project, one would not know that there is a banking crisis, a struggling economy and a souring real estate market. Joint venture partners MDM Development Group and MetLife Insurance Co. have just gotten their hands on a $250 million construction loan for the Met 2 Financial Center segment of the $1 billion Downtown Miami endeavor.
Q&A: Condos Still A Stormy Sector in South Florida Public Relations
Sept. 22, 2008
South Florida may have dodged some of the recent hurricanes, but it is still experiencing turbulence, especially in the condo market. Has it hit bottom yet? CPN associate editor Amanda Marsh spoke with Peter Fitzgerald, COO of the The RADCO Cos., about what in the sector's forecast.
60,000-SF Lease at Miami Area Shopping Center Sparks Name Change
Sept. 19, 2008
A 10-year lease agreement has facilitated a relocation and a new high profile for Baby Love. The infant products and apparel retailer signed a lease with property owner Dacar Management L.L.C. for 60,000 square feet of shop space at 6931 NW 88th Ave. in Tamarac, Fla., about 30 miles outside of Miami.
Judge Gives New Marlins Stadium the Thumbs-Up
Sept. 12, 2008
The Florida Marlins baseball park edges closer toward realization now that Miami-Dade County circuit Court Judge Jeri Beth Cohen has ruled that the development will serve the public good.
$800M Miami Condo-Hotel Complex Tops Off
Aug. 22, 2008
The Related Group has moved a giant step closer to the scheduled September debut of Icon Brickell with the recent topping off of the 4.2 million-square-foot hotel and residential project in Miami.
JV Sells Residential Units at 50 Biscayne for $30M
Aug. 04, 2008
Cousins Properties Inc. and its partner The Related Group have closed on the sale of the remaining 120 residential units at 50 Biscayne, a 54-story, 528-unit luxury condominium tower in Miami, Fla.
AEW Takes Florida Tower from J.P. Morgan
Aug. 01, 2008
After four months of negotiations, Cushman & Wakefield in Florida has reported the finalization of the sale of an office tower in Coral Gables to the Boston-based institutional pension fund advisor, AEW Capital Management. Cushman & Wakefield represented the former owner of the property, J.P. Morgan Investment Management. The property is a Class A office building at 355 Alhambra Circle. No terms were made public. However, sources say it was a cash equity transaction of $87 million, making it $387 a square foot.
Miami International Freight Solutions Leases 75,000 SF in Florida
June 25, 2008
Miami International Freight Solutions, a warehousing, transportation, and logistical support company, has signed lease agreement at Higgins Development Partners’ Centergate at Gratigny, a 1.6 million-square-foot business park in Miami’s Airport North submarket.
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