The largest development site available in Downtown Miami has sold for $46 million. Known as Miami Center or the ‘Burdines property,’ it is the last significant development site remaining in downtown Miami’s Central Business District (CBD).
Read MoreSwerdlow Group Breaks Ground On Sawyer's Walk Mixed-Use Development In Miami's Overtown Neighborhood
Construction has begun on the largest mixed-use development to take shape in Miami’s historic Overtown neighborhood in decades, paving the way for new shopping and dining options, affordable residences for seniors, and thousands of job opportunities.
Read MoreTerra Locks Down $44 Million In Financing For Publix-Anchored Retail Development In Pembroke Pines
Coconut Grove, FL-based Terra has locked down a $43.74 million in senior mortgage financing, provided by Thorofare Capital, Inc., an affiliate of alternative investment manager Thorofare LLC. The loan was issued to 16000 Pines Retail Investments, LLC, an entity managed by 16000 Pines Market.
Read MoreThe Estate Companies Sells Recently Completed Soleste Alameda Multifamily Development In West Miami For $83 Million
The Estate Companies (EIG) has sold Soleste Alameda, a recently completed luxury eight-story development with 306 rental units at 6320 SW 8th St. in West Miami. Dallas-based Westdale Real Estate Investment and Management (Westdale) acquired the asset for approximately $83 million.
Read MoreAllen Morris Company's AMS Hospitality And Black Salmon Joint Venture Acquire Circa 39 Hotel In Miami Beach For $25.5 million
AMS Hospitality, the affiliate hospitality group of The Allen Morris Company, and Miami-based national commercial real estate investment firm Black Salmon have acquired the 97-key Circa 39 Hotel in Miami Beach. Located at 3900 Collins Avenue, the hotel is across from the iconic Miami Beach boardwalk.
Read MoreMiami-Dade State Attorney's Office Leases 50K SF Of Office Space In River Landing Shops & Residences
Miami-Dade County on behalf of the Miami-Dade State Attorney’s Office has leased nearly 50,000 SF in Urban-X Group’s recently delivered River Landing Shops & Residences. The Offices of State Attorney Katherine Fernandez Rundle have entered a 20-year lease to occupy an entire floor, 49,379 SF.
Read More'Le Rouge Lounge' Cabaret-Themed Nightclub Opens At Moishe Mana's Mana Wynwood Campus
Le Rouge Lounge, a new luxury, cabaret-themed nightclub, opened June 11 at a new event venue in Moishe Mana’s six acre Mana Wynwood campus. Mana Wynwood’s new event venue , which is located across from the Mana Wynwood Convention Center, is a French-inspired live entertainment venue.
Read MoreChase Bank Opens At R&B Realty Wynwood Property Next To The Gateway At Wynwood
Chase Bank has opened a new location at the intersection of trendy Wynwood and Midtown Miami. Chase Bank leased 3,391 SF from R&B Realty Group at 2830 N. Miami Ave. CBRE represented R&B Realty Group in the deal and is currently marketing the remaining 2,175 SF of retail space in the one-story building.
Read MoreRelated Companies Acquires 50% Interest In Esperanté Corporate Center In West Palm Beach
The NYC-based Related Companies, led by Miami Dolphins owner Stephen Ross, has added to their West Palm Beach office portfolio after partnering into the Esperanté Corporate Center. Related Companies acquired a 50% stake in the office tower from the New York-based RedSky Capital.
Read MoreTrendy Health Food Hotspot Pura Vida Opens Seventh Location In The Wellness-Oriented Aventura ParkSquare
Pura Vida, South Florida’s go-to wellness eatery, has opened its seventh all-day café in the thriving Aventura ParkSquare neighborhood. Located at 2980 NE 207th St. Suite 110 in Aventura, the new location part of the brand’s expansion plan that includes the recent addition of a second location in Miami Beach.
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