Rendering via The Boundary
The Perigon, the first residential project on Miami Beach designed by award-winning architecture firm OMA as well as the only new pre-construction, ultra-luxury condominium currently offered on the city’s iconic beach, has revealed its elegant interiors by Tara Bernerd, the London-based designer internationally renowned for her work on luxurious hotels and private yachts.
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Construction is powering forward at Thompson Hotel South Beach which is being developed by Finvarb Group, led by Ronny Finvarb, and Chahine Investment Corp. The mixed-use project is designed by world-renowned French architect Rudy Ricciotti and is being developed on a .7 acre site at 1685 Washington Ave. When complete the building will feature a 150-room hotel which will be branded as a Thompson Hotel by Hyatt.
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ALTARA Properties has successfully overseen the leasing of 4,087 SF of retail at Palm Square in Pembroke Pines on behalf of the landlord, Galium Capital. Little Mikes Pizza leased 1,887 SF at 9843 Pines Blvd and Next Level Taekwondo leased 1,200 SF at 9815 Pines Blvd. Both sides of the transactions were overseen by Demetri Demascus, managing broker of ALTARA Properties.
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PROFILEmiami had the opportunity to catch-up with May Deraja, President of MAGASI, a family-run, full-service property management company specializing in multifamily, affordable housing, and hospitality management. As President Maty oversees all operational aspects of the company’s day-to-day operations.
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Aimco a diversified real estate investment company, has pledged $1,000,000 to Miami-based Camillus House to support expanded workforce development programs. In discussions with Miami’s civic and community leaders it became clear that despite a strong job market, many of Miami’s residents don’t possess the necessary skills or experience to obtain better-paying jobs and are, therefore, unable to benefit from Miami’s rapidly growing economy.
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South Florida’s highly anticipated South Beach Seafood Festival is back for its 10th anniversary with a celebration that is gearing up to be the best yet with special programming, including a $10,000 chef prize and popular live musical guests. From Wednesday, October 19 through Saturday, October 22, the four-day festival is a curated culinary showcase that couples South Florida’s bounty of seafood with the region’s most notable chefs and restaurants.
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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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Ben Solomon, Esq and Adam J. Weiss, Esq.
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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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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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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