Miami
Downtown Miami Industrial Asset Sells for $37M
The 109,637-square-foot property serves as a last-mile warehouse and retail packaging center for FedEx. The company recently extended its long-term lease.
Miami Beach Asset Commands $283M
CBRE Global Investors teamed up with Universal-Investment to acquire 1111 Lincoln, a fully leased office and retail property designed by Herzog & de Meuron Architects.
CBRE Strengthens South Florida Team
The four executives will complement the firm’s various practices, leading statewide efforts in expanding the company’s South Florida footprint.
Terra Group Receives $32M Loan for Miami Development
Mary Street will mark the first delivery of a Class A office building in Miami’s Coconut Grove neighborhood in more than 25 years. Construction will break ground in August 2017.
Monmouth Grabs $38M Miami-Area FedEx Distribution Center
The newly constructed Class A facility is located in Homestead, at the intersection of SW 127th Avenue and SW 272nd Street.
Miami-Area Retail Asset Trades in $9M Deal
Todd Weintraub led CBRE’s investment property group in representing both the seller and buyer. The multi-tenant asset has undergone several renovations in recent years.
Miami’s Healthy Climate
With substantial job gains and above-average population growth, the metro continues to foster positive fundamentals for multifamily.
Keystone Nabs Miami Asset in Sale-Leaseback Deal
The company now owns the entire office park, which is 89 percent leased. The real estate investment firm has owned the northern section of the campus for more than 10 years.
Broward County Business Center Commands $13M
The asset consists of two connected buildings mixing industrial and office spaces. The previous owner renovated the property after acquiring it in 2015.
Retail Development: Ease of Access Critical to Success
In an increasingly competitive lending environment, retail developers need to pursue projects in high-quality, accessible locations that will attract top tenants in order to secure financing, notes The Comras Co. President & CEO Michael Comras.