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DRA Advisors and CP Group Acquire Iconic Office Building 'Miami Tower' In Downtown Miami For $163.5 Million

July 12, 2022

DRA Advisors and CP Group have acquired Miami Tower, a 627,152-square-foot trophy office tower in Downtown Miami’s Central Business District for $163.5 million. Mike Davis, Dominic Montazemi, Mike McDonald, Miguel Alcivar, Rick Brugge, Rick Colon, and Adam Spies of Cushman & Wakefield represented the seller, USPO Miami, LLC, in the transaction.

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In Acquisitions, Amenities, Brokerage, Business, Commercial, Invest, Investment News, Office Space, Private Equity, Closed, News, News & Features, Downtown, Traded Tags Cushman & Wakefield, Cushman and Wakefield, Miami Tower, Mike Davis, Dominic Montazemi, Mike McDonald, DRA Advisors, CP Group, 100 SE Second Street, July 2022, News & Features, News, Acquisitions, Closed, Traded, Office, featured, Featured
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Ben Solomon, Esq and Adam J. Weiss, Esq.

Real Estate Attorney, Adam J. Weiss, Elevated to Named Partner; Firm Changes Name to Solomon, Cooperman, Recondo & Weiss, LLP and Welcomes Three New Attorneys

July 12, 2022

Florida-based law firm Solomon, Cooperman & Recondo, LLP is pleased to announce the elevation of Adam J. Weiss to named partner of the Firm, officially changing its name to Solomon, Cooperman, Recondo & Weiss, LLP. The Firm is also pleased to welcome Lucilo Ramos as Of Counsel to the Firm, as well as Bryan Granda and Jeremy Zisholtz as Associate attorneys.

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In Commercial, Legal, News, News & Features Tags Solomon, Cooperman, Recondo & Weiss, LLP, Solomon Cooperman Recondo & Weiss LLP, July 2022, News & Features, News, Legal, featured, Featured, Adam Weiss, Adam J Weiss, Ben Solomon, Commercial
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We Florida Financial Sells Fort Lauderdale Site to AutoNation for $11.8 Million

July 12, 2022

AutoNation has acquired a Fort Lauderdale site from We Florida Financial for $11.8 million. The 71,307 square foot property features prominent frontage on South Federal Highway in the heart of Fort Lauderdale. The property is located on 1300 S. Federal Highway plus 617 and 705 N.E. 14th St with maximum exposure to passing traffic.

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In Acquisitions, Auto, Auto Dealership, Closed, Commercial, Fort Lauderdale, Invest, Investment News, News, News & Features, Traded Tags News & Features, News, Acquisitions, Closed, Traded, Fort Lauderdale, Auto, Auto Dealership, AutoNation, July 2022, Blanca Commercial Real Estate, Cary Cohen, Christina Stine Jolley, We Florida Financial, 1300 S. Federal Highway, Commercial
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Prestige Imports CEO Brett David Closes On Biscayne Boulevard Site Expanding Prestige Campus In North Miami

July 12, 2022

Brett David, CEO of Prestige Imports, has acquired 15090 Biscayne Blvd in North Miami for $4,698,000. Formerly the Arch Creek Animal Clinic, the 24,102 SF property will be redeveloped and utilized to complete Prestige Imports’ nearly 10-acre campus on Biscayne Blvd in North Miami. Prestige Imports is one of North America’s leading factory authorized Lamborghini dealerships.

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In Auto, Auto Dealership, Commercial, Acquisitions, Closed, Invest, Investment News, News, News & Features, North Miami, Traded Tags Prestige Imports, News & Features, News, Acquisitions, Closed, Traded, North Miami, Brett David, 15090 Biscayne Blvd., Arch Creek Animal Clinic, Biscayne Boulevard, Auto Dealership, Anthony DeFillipo, Auto, Invest, Investment News, featured, Featured, July 2022
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Miami Restauranteur George Sezgin Opens KÓMMA Mediterranean Kitchen & Bar In Miami Beach

July 11, 2022

On July 1, 2022 Miami-based restaurateur and visionary hospitality veteran, George Sezgin, unveiled KÓMMA, a genuine Mediterranean kitchen and bar concept that is poised to bring an entirely unparalleled celebratory culinary experience to the enthusiastic Miami Beach neighborhood. ‘κόμμα’ (KÓMMA) in Ancient Greek dialect translates to: ‘celebration,’ ‘gathering,’ ‘revelry.’

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In Commercial, Hospitality, Lifestyle, Miami Beach, News, News & Features, Restaurants, South Beach Tags KÓMMA Mediterranean Kitchen & Bar, KOMMA, Restaurants, Restaurant, Miami Beach, South Beach, Lifestyle, Hospitality, Commercial, July 2022, Jordan Cohen, George Sezgin
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Tour A Beachfront Duplex In Ocean House Which Just Sold For $14.5 Million In South-Of-Fifth

July 11, 2022

A beachfront duplex in Ocean House, a luxury building in Miami Beach’s exclusive South-Of-Fifth neighborhood, has sold for $14.5 million. The sale of 125 Ocean Dr U-201 was overseen by Chad Carroll with the Carroll Group at Compass, who listed the condominium, while the buyer was represented by Christopher Jude with Fortune International Realty.

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In Closed, Luxury Homes, Luxury Real Estate, News, News & Features, Miami Beach, Residential, South Beach, South of Fifth Tags Residential, July 2022, News, News & Features, Closed, Luxury Real Estate, Luxury Homes, featured, Featured, Chad Carroll, Traded, South Beach, Miami Beach, Ocean House, 125 Ocean Drive, 125 Ocean Drive U-201, The Carroll Group, Christopher Jude, South of Fifth, Fortune International Realty
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Miami Developer Gregg Covin Announces Plans For Fairmont Hotel Branded Residences

July 8, 2022

Fairmont Hotels & Resorts, part of world leading hospitality group Accor, in partnership with Gregg Covin, notable Miami real estate developer, announced the signing of definitive agreements for the development and management of the first luxury branded residential offering in the Blue Ridge Mountain region of North Carolina - Fairmont Heritage Place - The Cedars, Hendersonville.

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In Branded Residences, Development, Development News, Historic, Hospitality, Hotels, Luxury Homes, Luxury Real Estate, Partnerships, Residential, Commercial Tags Gregg Covin, Fairmont Hotels, Fairmont Heritage Place, The Cedars Hendersonville, Heather McCrory, Accor, July 2022, Commercial, Development, Development News, Hospitality, Hotel, Hotels
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PMG and Greybrook Launch The Elser Hotel & Residences In Downtown Miami

July 7, 2022

National investment and development firm PMG, alongside Toronto-based real estate private equity firm Greybrook, have launched The Elser Hotel & Residences, a 49-story new construction luxury condominium located at 398 NE 5th St. The newly completed tower offers 646 fully furnished residences, over 19,000 square feet of curated amenities and 5,000 square feet of prime retail space.

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In Commercial, Development, Development News, Development Sales, Downtown, Flexible Living, Hotels, Hospitality, News, New Construction, News & Features, Residential Tags PMG, Property Markets Group, Greybrook Realty Partners, Downtown, Downtown Miami, Biscayne Boulevard, PMG Residential, News & Features, News, New Construction, Ryan Shear, The Elser Hotel & Residences, Peter Politis, Sieger Suarez Architects, Cotofana Designs, 398 Biscayne Blvd., Flexible Living, Short Term Rentals, Development, Development Sales, Development News, Residential, Commercial, featured, Featured, Hotels, Hotel, July 2022, 400 Biscayne Boulevard, 400 Biscayne
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Boynton Beach City Commission Approves Public-Private Partnership Project, The Pierce, In Partnership With Affiliated Development

July 6, 2022

Boynton Beach City Commission has voted unanimously to approve all agreements between the City, the Boynton Beach CRA and Affiliated Development to advance highly anticipated $80+ million mixed-use, mixed-income workforce housing project, The Pierce. Located west of Federal Highway between Ocean Ave. and Boynton Beach Blvd., The Pierce will offer 16,800 SF of restaurant and commercial space and a minimum of 236 apartment units.

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In Boynton Beach, Commercial, Development, Development News, Development Sites, Mixed Use, Multifamily, News, News & Features, Workforce Housing Tags Boynton Beach, The Pierce, Affiliated Development, Boynton Beach City Commission, Jeff Burns, Development News, Development Sites, Development, Public-Private Partnership, Commercial, Hurricane Alley, Mixed Use, Workforce Housing, Multifamily, Boynton Beach CRA, July 2022
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Location Ventures Completes Luxury Condominium 'Villa Valencia' In Coral Gables

July 6, 2022

Following record-breaking sales and its distinction as the first U.S. condominium development to integrate the revolutionary Delos’ DARWIN™ Home Wellness Intelligence network, Location Ventures has received its TCO for Villa Valencia. The now complete luxury condominium building in Downtown Coral Gables delivers a collection of 39 luxury condominiums which are currently 95% sold.

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In Coral Gables, Development News, Development Sales, Development, Construction, Construction News, Construction Update, News, News & Features, New Construction Tags Coral Gables, Featured, featured, News, News & Features, Residential, Development, Development News, Development Sales, New Construction, Rishi Kapoor, Construction News, Construction Update, TCO, New Construciton, July 2022, Villa Valencia, Location Ventures
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