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WEST PALM BEACH, FL-The historically-designated, 12-unit, two-story structure near the $1 billion CityPlace retail project is on the block for $799,900 or $66,659 per unit. That would be the highest price paid locally for a comparable asset, according to area brokers. The buyers are considering converting the property into townhouses.
MIAMI-The 31,546-sf, former Miami Board of Realtors' structure off Downtown at 2000 and 2040 Coral Way sold for $2.11 million or $66.95 per sf. Seventeen years ago, the property went for $2.17 million or $68.78 per sf.
FORT LAUDERDALE, FL-Furniture, home furnishings and consumer electronics are doing well but pet supply stores and party goods outlets are slipping, A.T. Toroyan, a principal at Rotella Toroyan Clinton Group here, tells GlobeSt.com.
ORLANDO-The American division of British-based Emerson International Inc. plans 200,000 sf of office/retail and 3,000 residences in a sleeper area off Narcoosee Road (County Road 15), south of Tyson Road near Orlando International Airport in south Orlando.
FORT LAUDERDALE, FL-The 15-year-old federal law to assist disabled visitors to office buildings, attractions and restaurants is continually open to new interpretation, frustrating owners who are forced to update assets, often at exhorbitant costs, D.K. Mink, president of Mink & Mink, tells GlobeSt.com.
ORLANDO-Bank of America Corp.'s local operations are growing. So are MeshNetworks Inc. of suburban Maitland and AirNet Communications Corp. of Melbourne, FL, 50 miles southeast of Downtown. All are figuring out new space needs for next year.
ORLANDO-Walpert Properties names William A. White to head Florida division and direct its shopping center acquisitions program. White will also oversee the firm's leasing, management and development programs.
WEST PALM BEACH, FL-Kenco Communities at the Ranch paid $5.16 million or $1.81 per sf for a 62.5-acre tract in southwest Palm Beach County where the developer is considering a residential venture. First Union National Bank is advancing $11.55 million in development funds. The site is 90 miles north of Downtown Miami.
ORLANDO-The Birmingham, AL-based REIT's $200 million mixed-use venture in Seminole County will also see a five-story, 155,000-sf office building surface in April in one of the most competitive suburban submarkets 25 miles north of Downtown.
MIAMI-The half-acre parcel at 1025 SW Second Ave., near the city's banking corridor, sold for $1.2 million or about $56 per sf. Two years ago, the same land went for $775,000 or about $36 per sf.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource