Florida

Clean Class B Trade Shows Diverse Investor Interest

FORT LAUDERDALE,FL-CBRE's Marty Busekrus tells GlobeSt.com's Jennifer LeClaire buyer who bought at the bottom are starting to sell.

Premium Pinecrest Shopping Center Trades for $9M

MIAMI-Most of the tenants are national and some of the most well-known retail brands, such as Starbucks, Cold Stone Creamery, T-Mobile, GameStop and FedEx Office.

Miami CRE Pros Shine Light on Opportunities, Challenges

MIAMI—Blanca Commercial Real Estate's Danet Linares tells GlobeSt.com's Jennifer LeClaire mass transit is Miami’s Achilles heel right now.

Foreign Investors Fuel Miami Home Price Hikes

MIAMI—Benworth Capital's Bernie Navarro tells GlobeSt.com's Jennifer LeClaire he is seeing an uptick in loan volume and the loan amounts.

South Florida Sees Two More Multifamily Projects Break Ground

MIAMI-The AREA-CC joint venture is developing two multifamily projects: The Signature at Doral and The Signature at Davie.

Astor & Black Will Move HQ to Miami

FORT LAUDERDALE, FL-Astor & Black is relocating its corporate headquarters to the top floor of the Miami Herald’s Broward bureau.

Industrial Flex Asset Fetches $2M in Short Sale

FORT LAUDERDALE, FL-CBRE's Harry Tangalakis tells GlobeSt.com's Jennifer LeClaire the building received minimal interest for a year.

W Fort Lauderdale Condos Gain Traction With Foreign Buyers

FORT LAUDERDALE, FL—Foreign buyers and institutional investors have bought almost all of the 5,100 units constructed since 2003.

CBRE Pushes $65M In Multifamily Financing Duo

MIAMI-CBRE's Charles Foschini tells GlobeSt.com's Jennifer LeClaire there was intense competition to fund the multifamily assets.

Transwestern Brings Seventh Industrial Building to 100% Occupancy

MIAMI-The increased demand for class A distribution space has reduced supply and pushed an uptick in lease rates as well as pricing.

Maitland Complex Wins 85% of Market Absorption

ORLANDO-New Boston Fund's Pryce Elam tells GlobeSt.com's Jennifer LeClaire that Orland is still very much a tenant's market.

REO Office Building Fetches $5M in Sunrise

FORT LAUDERDALE, FL-Aztec Group's Ezra Katz tells GlobeSt.com's Jennifer LeClaire the notion of "bottom" differs from deal to deal.

Building Supply Flip-Flop Helps Local Firm Avoid Auction

PALM BEACH, FL-Reichel fast-tracked the sale, giving the new owner an opportunity to open the the morning after Lainhart & Potter closed it.

Once-Struggling Miami Tower Continues Wooing Legal Tenants

MIAMI-The building is now more than 85% occupied. It was in the mid-70s when Transwestern took the assignment in Dec. 2010.

Standalone Winn-Dixie Gets $7M Refi Before BI-LO Acquisition

MIAMI-Aztec Group's Jason Shapiro tells GlobeSt.com's Jennifer LeClaire the location and the recent renovation helped seal the deal.

Six Questions for Lee Arnold

TAMPA, FL-Colliers' Lee Arnold gives GlobeSt.com's Jennifer LeClaire the inside scoop on Tampa's first new office tower in 20-plus years.

Tower Realty Enters Orlando Office Market With Century Buy

ORLANDO-Tower's Reid Berman tells GlobeSt.com's Jennifer LeClaire it was tricky to underwrite the vacancy with a major moving target.

Miami Beach Gets In On Next Wave of Condo Development

MIAMI-If three projects in the pipeline are approved, it means hundreds of new residential units coming online in the next two to five years.

DCT Industrial Breaks Ground As Demand for Space Spikes

MIAMI-The Airport/Doral submarket accounted for more than 45% of the total 1.3 million square feet of absorption in first quarter 2012.

HFF Opens Orlando Office as Transaction Activity Rises

ORLANDO-HFF's Brad Peterson tells GlobeSt.com's Jennifer LeClaire about every five years there’s renewed interest in North and Central Florida.

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LAST WEEK'S POLL

Penner, Mirante, D'Arcy . . . High-Level Resignations Mean . . .

GlobeSt.com Viewers See More C-Suite Turnover
NEW YORK CITY-Nearly two-thirds of respondents to a GlobeSt.com poll said recent high-level resignations either portend more to come or prove that the industry needs to work on succession planning.

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Events

Register now for RealShare ORANGE COUNTY 2012--the leading real estate networking conference for the local commercial real estate market!
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Featured Event
RealShare STUDENT HOUSING


We've gathered 50 of the biggest players in the Student Housing community to discuss the latest trends of the industry: everything from marketing and leasing to what industry leaders have to say to debt and equity to investment sales opportunities.
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Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda

December 07
November 23, 2011
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.

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User's Choice

Dalian Wanda Takes AMC Theaters for $2.6B

BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.