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MIAMI-Two "sophisticated investors"--Hank Sopher and Broward Yacht president Glenn Straub--participated in the lengthy auction, says Louis B. Fisher III, who handled the auction. If approved by the Miami Sports and Exhibition Authority, the 337,000-sf arena will command $83.12 per sf.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
July 10, 2025
Southern states are driving the boom with the most units completed in 2024.
July 10, 2025
Also, three of the top five markets are in Arizona.
July 10, 2025
Meanwhile, national occupancy is up year-over-year.