Regions Southeast | Miami
Miami Mixed-Use Project Resumes with Extension on $60M Loan
Aug. 15, 2008
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
Aug. 05, 2008
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
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 Moves Forward with One Bayfront Plaza
July 28, 2008
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
July 24, 2008
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
July 16, 2008
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
July 09, 2008
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
July 02, 2008
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
June 27, 2008
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
June 25, 2008
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
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.
Jones Lang LaSalle Selected as Leasing Agent for Miami Retail Center
June 23, 2008
TIAA CREF has retained Jones Lang LaSalle as leasing agent for Kendall Town & Country Center, a 643,692-square-foot, open-air retail development at 8505 Mills Drive in Miami, Fla.
Jimenez Named Sales Executive for Infinity at Brickell
June 23, 2008
Jose Carlos Jimenez has been named sales executive for Infinity at Brickell, the all-loft condominium tower rising in the Brickell area in Miami, Fla. DYL Group expects the project to be complete by this fall.
In Homestead, Rising Development Tides Don't Lift All Boats
June 18, 2008 - Source: Miami Herald
On the eastern edge of town, there are major new commercial ventures including big-box stores, a 14-screen movie theater, and a nearly 400,000 square-foot retail center under construction, but Homestead's quaint, quiet downtown district has yet to feel an economic boost.
Breakers Palm Beach Resort to Occupy Former Governors Club
June 17, 2008 - Source: South Florida Business Journal
The resort will be located in the 421,759 square-foot Phillips Point building in downtown West Palm Beach, which is ranked by the South Florida Business Journal as the largest local office building and the ninth largest in South Florida.
Development May Threaten Miami River Businesses
June 16, 2008 - Source: South Florida Business Journal
Maritime businesses are concerned that the Miami City Commission could strip zoning protections in the area.
Miami Airport Costs Soar Above Budget
June 13, 2008 - Source: Miami Herald
Construction costs on the international airport could spike another $100 million -- surpassing the existing $6.2 billion budget.
Broward Officials Green-Light Convention Hotel
June 12, 2008 - Source: Miami Herald
Commissioners also voted to subsidize the planned Hilton's marketing efforts if necessary.
Albertson's to Sell Florida Stores to Publix
June 11, 2008 - Source: South Florida Business Journal
The grocer plans to sell 49 stores -- just less than half of its holdings in the state -- to Publix Super Markets.
Fewer Taxes Involved in Broward Convention Hotel Plan
June 06, 2008 - Source: Miami Herald
The new financing plan proposes using 14 percent of the county's tourist taxes to fund the project, less than previously envisioned.
NAI/Merin Hunter Codman Wins 100,000SF Office Building Assignment in Lake Worth
June 05, 2008
NAI/Merin Hunter Codman has won the assignment for the leasing of the 100,000-square-foot WaMu Centre near downtown Lake Worth, Fla.
Federal Realty Buys Del Mar Village
June 04, 2008 - Source: South Florida Business Journal
The Boca Raton shopping center is recently renovated and includes a 44,000 square-foot Winn-Dixie, a 10,000 square-foot CVS drugstore, and a 10,000 square-foot Sweet Tomatoes restaurant.
Bridal Retailer Signs First Lease in Florida
June 03, 2008
Priscilla’s of Boston joining the growing list of national retail chains opening stores on Miracle Mile located in downtown Coral Gables, Fla.
Foxconn Plans Florida Facility
June 02, 2008 - Source: South Florida Business Journal
The multinational computer and electronics parts manufacturer will build a 200-employee facility in western Broward County, according to the South Florida Business Journal.
 

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