Miami
Armani-Dezer-Perez Trio Brings Luxury Residential Project to Sunny Isles Beach
The Armani Group announced Armani/Casa Interior Design Studio’s new joint venture with Gil Dezer’s Dezer Development and Jorge M. Pérez’s Related Group to develop a new high-end South Florida residential tower.
Chilean Hospitality Chain Broke Ground on Atton Brickell Hotel
Atton Hotels started site work on its first US project, a 275-room, 12-story full-service hotel. Located at 1500 SW 1st Ave. in Downtown Miami, construction of the $65 million project is expected to create around 400 jobs until the completion scheduled to early 2016, and 130 permanent positions after delivery.
Le Parc at Brickell Condo Developers Close on $19M Loan
A joint venture between ALTA Developers and Strategic Properties Group broke ground just last month on Le Parc at Brickell, a 12-story, 128-unit luxury condominium going up in Miami’s upscale Brickell Financial District at 1600 SW 1st Avenue. The companies have released a publication recently, announcing the closing of a $19 million construction loan from Banco de Crédito e Inversiones Miami Branch.
Blanca Commercial Real Estate to Broker Leases at Douglas Entrance Office Park
Just over a month after Banyan Street Capital and Oaktree Capital Management LP paid $100.75 million to Pearlmark Real Estate for Douglas Entrance, the joint venture selected Blanca Commercial Real Estate as exclusive leasing agent for the 467,325 square foot, five-building landmark office campus at 800 S. Douglas Rd. in Coral Gables.
Trophy Bayfront Miami Beach Multifamily Site Has New Owner
The Boca Raton office of ARA announced the sale of a 1.1-acre waterfront development site at 6800 Indian Creek Drive in Miami Beach. The company spoke for the seller, Miami-based Windsor Capital, in the transaction.
April – Briefs/People
Former NYPD Head Kelly Lands C&W Risk Management Gig; Ward Takes Reins at Colliers Capital Markets; Grosvenor Makes Two Top Changes; Meta Housing Appoints Burke as President; Coldwell Banker Commercial Alliance Opens New Miami; ARCP, Cole Capital Name Ezzell to Lead Capital Management; Colliers Hires Hughes as CEO of Facility Solutions, PM; Hines Promotes Three in Dallas.
IHG Signs Third Hotel Indigo Location in Miami
InterContinental Hotels Group builds a new $48 million hotel in Brickell that is expected to be ready by late 2016.
Dell Corporation Signs Up New Tenant at Miramar Centre Facility
CBRE has recently arranged a 91,872-square-foot lease for Univita Health Inc. at Dell Corporation’s Miramar office/call center facility. The new tenant’s purpose with the lease is to consolidate its South Florida operations into one single, central location.
102 South Florida Multifamily Units Sold in Three Simultaneous Transactions
Franklin Street Services recently brokered the sale of Jaclyn Apartments in Hialeah, part of Garden View in Miami, and a 10-unit Hollywood Beach community. The total of 102 units changed hands for a total of $8.25 million. The team representing the sellers in the transactions comprised of Franklin Street brokers Deme Mekras, Elliot Shainberg and David Reinke.
Four Seasons to Brand Fort Capital’s Luxury Oceanfront Mixed-Use Project
Fort Capital, has entered an agreement with Four Seasons to brand and manage The Surf Club, a luxury mixed-use property currently under construction on 9-acres of surfside land that Fort Capital acquired in 2012. Development started on the buildings in fall 2013 with Coastal Construction serving as general contractor. The project is on schedule to be completed in early 2016.
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