Regions Southeast | Miami
Bridge Development Expands to Miami, Appoints Carroll to Principal
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 Inks Tenant to 240,000-SF Lease at Florida Biz Park
Flagler Development Group has signed paper products firm Lagasse Sweet to a 240,000-square-foot lease in a build-to-suit facility at Flagler Station, South Florida’s largest business park.
Miami Worldcenter City Commission OKs Zoning for 25-Acre Miami Worldcenter
The Miami City commission has approved special district zoning for Miami Worldcenter, a nine-block mixed-use development situated north of the city's Central Business District. 
The Palms at Town Flagler Breaks Ground on 400,000-SF Expansion at Miami Retail Center
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
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.
Met 2 $250M Loan Closes for $1B Miami Mixed-Use Project
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.
215,000-SF Coral Gables Office Project Secures First Lease
Rockefeller Group Business Centers Inc. has become the first business to commit to space on the tenant roster at Ponce de Leon Towers, a 215,000-square-foot office project in Coral Gables, Fla.
Q&A: Condos Still A Stormy Sector in South Florida Public Relations
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
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
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.
Miami Medical Office Building Trades at $316 Per-SF
The 53,700-square-foot Sunset Professional Center at 6280 Sunset Dr. in Miami has come under new ownership, courtesy of a transaction valued at approximately $17 million.
Centurion Tower, NorthPoint Corporate Center Sold in West Palm Beach
The Miami office of Holliday Fenoglio Fowler L.P. has closed the sale of Centurion Tower and NorthPoint Corporate Center, two suburban Class A office buildings totaling 243,000 square feet in West Palm Beach, Fla.
$800M Miami Condo-Hotel Complex Tops Off
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.
Miami Mixed-Use Project Resumes with Extension on $60M Loan
ArteCity Holding Ltd., developer of the mixed-use ArteCity project in Miami Beach, can breathe a sigh of relief, now that Corus Bank has extended the maturity of its $60 million loan on the project.
Cousins Properties, The Related Group Complete Sale of Residential Units in Miami
Cousins Properties Inc. has announced that it and 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.
JV Sells Residential Units at 50 Biscayne for $30M
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
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 Moves Forward with One Bayfront Plaza
Florida East Coast Realty is moving forward with plans for its $1.8 billion development, One Bayfront Plaza in Miami, Fla.
Transwestern to Lease Crescent Property's Miami Center
Transwestern has been retained by Crescent Property Services Inc. as the exclusive leasing agent for Miami Center.
met 2 Greenberg Traurig to Anchor Miami's Met 2 Office Tower
International law firm Greenberg Traurig has inked a 15-year, 150,000-square-foot lease at the upcoming Met 2 office tower in Downtown Miami, taking its place as the building's anchor tenant.
BCArchitects to Design Midtown Gardens in Miami
BCArchitects has been selected by Wellington Construction Group Inc. to design Midtown Gardens, a rental community  outside Wynwood, in Miami, Fla.
Whole Foods Retail Sells for $31M in Coral Gables
The Whole Foods condo, situated in Plaza San Remo in Coral Gables, Fla. sold for $31 million.
Arquitectonica Reshapes Miami Skyline with Completion of Marquis
The second-tallest building in Miami’s metropolitan skyline has recently been completed.  The 700-foot 67-story tower was designed by Miami-based Arquitectonica and developed by Leviev-Boymelgreen Marquis Developers.
Deka Immobilien Buys Florida Office Building for $83M
Deka Immobilien has acquired the BAC Colonnade office building in Coral Gables, Fla. for approximately $83 million. Deka Immobilien was advised by ING Clarion Partners L.L.C.
Miami International Freight Solutions Leases 75,000 SF in Florida
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.
 

Miami Real Estate Market Secrets Revealed


Real estate companies throughout the Southeast look to Commercial Property News for comprehensive, informative and professional news. They appreciate the powerful real estate advertising opportunities that the real estate magazine presents. It's the one, true source that Miami real estate market professionals turn to.