Nuveen Real Estate has announced that they will bring in proptech startup, Lane, to manage the Waterford Business District in Miami. Lane will implement their workplace experience platform and mobile app at Waterford Business District which is one of the most prominent corporate office complexes in the Southeast U.S.
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Urban X Group Celebrates Grand Opening Of River Landing Shops & Residences On The Miami River
Urban X Group and the Toronto-based H&R Real Estate Investment Trust have officially celebrated the grand opening of River Landing Shops & Residences, located at 1400 NW River Drive along the Miami River. The announcement comes on the heels of the projects completion earlier this year where the first phase of retailers were allowed to open in May 2020.
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Record Breaking Class A Office Lease Signed At Yukon Miami In Miami Beach's South of Fifth Neighborhood
The Yukon Miami, a class-A commercial office building at 119 Washington Avenue in Miami Beach’s affluent South of Fifth neighborhood, has shattered office leasing records in Florida despite the Covid-19 pandemic.
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Taurus Investment Holdings To Redevelop Civica Center Into Medical Space
The Boston-based Taurus Investment Holdings has acquired the Civica Center for $30.5 million in Miami’s hot Allapattah neighborhood. The Civica Center is located at 1050 NW 14th Street at the entrance to Miami’s Health District, which is home to a large concentration of medical firms and institutions including the University of Miami Leonard Miller School of Medicine.
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Billionaire Investor Carl Icahn Officially Relocates Icahn Enterprises From Manhattan To Sunny Isles Beach
Billionaire investor Carl Icahn has reportedly officially finalized the move of Icahn Enterprises from New York City to South Florida. Icahn Enterprises has moved into their 23,463 SF lease on the 12th floor and penthouse of Milton Tower in Sunny Isles Beach. The firm previously was located in the General Motors Building in Manhattan.
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WeWork Leaves Lincoln Road Location As Landlord Seeks $19.5 Million In Unpaid Rent
WeWork’s trouble’s due to COVID-19 continue as the landlord of their 350 Lincoln Road location has sued the co-working giant in Miami-Dade Circuit Court. SML 350 Lincoln Inc., an entity controlled by Shaul Levy and Meir Levy, alleges that WeWork breached their lease by failure to pay rent in April, May and June.
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Swire Properties Sells Two Brickell City Centre Office Buildings For $163 Million Amid Pandemic
Swire Properties has sold Two Brickell City Centre and Three Brickell City Centre for a combined $163 million, $630 per square foot, amid the COVID-19 pandemic. Each Class A Office building is roughly 130,000 square feet with the pricing broken down by $80.3 million for Two Brickell City Centre and Three Brickell City Centre sold for $82.7 million.
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Goddard Investment Group Moves To Evict WeWork From South of Fifth Location
WeWork’s landlord at 429 Lenox Avenue, Goddard Investment Group, has moved to evict WeWork from their South of Fifth location at 429 Lenox Avenue in South Beach. The 43,500 SF building is fully leased by WeWork who skipped out on rent payments for April, May and June.
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International Materials Signs 20K SF Lease In Delray Beach To Relocate HQ
International Materials, Inc. (IMI), an international trading and logistics provider, has signed a 20,052-square-foot lease with Samuels & Associates to relocate and expand its corporate headquarters from Boca Raton to the Offices at 4th & 5th Delray. Located in Delray Beach’s central business district, IMI’s new headquarters will settle into nearly two-thirds of the mixed-use building’s third-floor Class A office space at 25 SE 4th Ave.
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Rieber Developments Breaks Ground on 12|12 Aventura in the Aventura Health District
Aventura-based Rieber Developments has announced the groundbreaking of 12|12 Aventura, a 10-story complex comprising of a 30,000-square-foot gourmet marketplace and food hall, 25,000 square feet of offices, a 160-residence luxury senior residential component, and a structured parking garage, all with interiors designed by Interiors by Steven G.
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