Miami
Millicom International Leaves Fort Lauderdale Digs for Coral Gables’ 396 Alhambra
Global telecommunications company Millicom International will soon be relocating its Fort Lauderdale office to 396 Alhambra—Agave Holdings’ new mixed-use development in Coral Gables. Millicom International Services LLC, the Florida arm of Swedish-listed cellular provider Millicom International Cellular, has signed a lease for 22,280 square feet of Class A office space on two full floors in 396 Alhambra’s North Tower.
International Developer Gets Approval for $412M Downtown Mixed-Use Project
Espacio USA will soon move forward with its first major US investment, as the company’s latest mixed-use project—planned for Downtown Miami’s Omni area—recently received city approval.
Miami Welcomes First LEED-certified Hotel
The 221-room Hampton Inn & Suites Miami Brickell-Downtown was recently awarded LEED Silver certification by the U.S. Green Building Council, becoming the first LEED-certified hotel within the city of Miami.
Related Group Breaks Ground on Italian Luxury Condo
On Wednesday, The Related Group celebrated the groundbreaking of its latest Miami project—the 382-unit 1100 Millecento Residences. This is second Related Group project for the Brickell area, following its famous MyBrickell.
Miami Tower Adds Dramatic LED Lighting to Skyline
Miami Tower is set to establish itself as an iconic symbol of the city by adding an LED Exterior Lighting system meant to both considerably reduce energy use and add a dramatic new look. The advanced system will reduce related lighting energy usage by 92 percent, save tenants and the building’s owner nearly $260,000 per year in energy and related operating costs, and reduce CO2 emissions by more than 1.2 million pounds.
Perez Trading Signs One of 2012′s Largest Industrial Leases in Miami
Paper and packaging company Perez Trading recently signed for 280,601 square feet at Prologis Gratigny Industrial Park in what seems to be one of South Florida’s largest industrial leases of the year.
Opening Nears for NSU’s New $50M Research Facility
According to an official announcement made by Nova Southeastern University, its Center of Excellence for Coral Reef Ecosystems Research—the largest coral research center in the country—will have its grand opening on September 27.
Miami’s 1450 Brickell Wins ‘Project of the Year’ Distinction
Based on its mixed-use/pedestrian-friendly character, coupled with focus on sustainable design and construction, Rilea Group’s 1450 Brickell office tower was named ‘Project of the Year’ by Urban Land Institute’s SE Florida/Caribbean District Council.
$58M Financing in Place for Boca Raton Mixed-Use Project
According to an official announcement, HC Real Estate Capital has arranged $58 million in financing for Boca Raton’s Royal Palm Place and Plaza. Financing was arranged through a Life Company relationship, and the seven-year loan is interest-only at a competitive fixed interest rate. The project will replace a maturing facility on the property.
Developers Announce New Pompano Beach Distribution Center
By Georgiana Mihaila, Associate Editor Pompano Beach will soon house a new distribution center, as Weeks Robinson Properties and Jeremy Shapiro of Miami-based Mainstream Investment Realty have unveiled their Class A speculative industrial project at 3901 NE 12th Ave. To be set in the heart of Broward County’s Pompano Beach industrial submarket, the Pompano Beach […]