Miami
HFF Arranges Refi for The Green Cos.’ Dadeland Office Tower
A landmark Class A office property, a key member of an impressive Dadeland portfolio, secured a refinancing deal.
Chain Reaction? Yet another Large Commercial Sale in Sawgrass Area
Almost immediately after the sale of a 45,000 square-foot flex-industrial building at 700 Sawgrass Corporate Parkway in Sunrise, another prime commercial property, the 106,648 square-foot Sunrise Corporate Plaza changed hands just a few corners down the street.
Design District to See New Development? Aztec Just Dropped a Hint
The southeastern part of Buena Vista, better known as Miami’s Design District may soon be enriched by a new mixed-use development.
Hyatt Introduces New Lifestyle Brand to Miami Beach
The hospitality giant’s newest full service lifestyle brand designed for business and leisure travelers debuts in Miami Beach. Hyatt Centric South Beach is the second property worldwide to open under the Hyatt Centric flag. Hyatt introduced the new brand in January and proposed the opening of more than 15 locations for this summer in cities like New York, Paris, Atlanta and Chicago.
Flex-Industrial Commands High Figure
A flex-industrial building in Miami has sold for what the broker defined as the high watermark price for this property type in 2015.
Carey Watermark Puts on the Ritz in Key Biscayne
Funds sponsored by the joint venture snap up a resort off the coast of Miami.
Value-Added Apartment Portfolio Sold in North Miami Beach
Three apartment communities in the North Miami Beach area changed hands recently, the seller Faith Investment Properties Group, announced. Grand Island Place I, Grand Island Place II, and Aventura Brentwood Apartments include 310 units and were sold for the total of $28 million.
PARAMOUNT Fort Lauderdale Beach Over 60 Percent Sold Out
PARAMOUNT Fort Lauderdale Beach, a 95-unit luxury oceanfront condominium development has more than 60 percent of its residences under contract, as announced by OneWorld Properties, the project’s exclusive brokerage.
Royal Palm Office Park Finalizes Six Leases Amid Complete Renovations
Royal Palm Office Park has completed six leases recently, totaling more than 55,400 square feet. The transactions include five lease renewals with current occupants and one new contract with a new tenant, financial terms were not disclosed. Blanca Commercial Real Estate represented the landlord, an affiliate of Lincoln Property Company, while brokers with CBRE, JLL and Cresa spoke for four of the lessees in the transactions – the other leases did not involve co-brokers.
KBS Realty Closes on 189K SF Financial Center at the Gardens
Financial Center at the KBS Realty Advisors of Newport Beach, Calif. has picked up a 188,772 square-foot Class A office building from institutional investors advised by JP Morgan Asset Management.