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MIAMI-Coming off a record sales year, the 5.8 million sf that has changed hands so far this year a 175% increase from the 3.3 million sf in the first half of last year, according to Cushman & Wakefield. Meanwhile, industrial leasing activity in the county declined 31% year-to-date, compared with the same period last year.
MIAMI-Zachary V. Gruber, Patricia Quintana and Bob Murphy join the company to work on Miami International Commerce Center, a 3.3-million-sf park here.
DAVIE, FL-The third phase of Palm Trace Landings, a townhouse and garden apartment complex here, consists of 15 buildings with 274 units. Austin Forman was the developer, which Kelton Project Management Inc. represented. The general contractor was Gables Residential.
CORAL GABLES, FL-The Peabody Global Real Estate Fund and EdwardsDay sold the two buildings that make up the office component of the Alhambra here for about $227.67 per sf. The buildings total 317,566 sf and are attached to a Hyatt hotel that was not part of the sale.
MIAMI-The buyer, 1680 Meridian Ave. LLC, purchased the property from Fremont Investment & Loan, which owned it for four years, for about $110.78 per sf. The building, built in 1957, traded for $110.78 per sf.
MIAMI-Edron Fixture Corp., a division of Leggett & Platt that previously occupied the entire building, closed that location and sold the building for about $32.93 per sf. The building is the sixth that AMB purchased in the Seaboard/Gratigny Industrial Park in the past 2.5 years.
MIAMI-The properties, all sold by Ross Matz Investments Inc. of Davie, were the 371,000-sf Deerfield Mall in Deerfield Beach, the 82,000-sf College Parkway Center in Fort Myers and the 68,000-sf Office Depot Plaza in Pembroke Pines.
MIAMI-The nonprofit organization bought the 12,000-sf building from 3806 Holdings Inc. for about $91.67 per sf and plans to relocate about 20 workers from its Dadeland Towers office later this year.
WEST PALM BEACH, FL-Investment Equities Associates of Miami Beach paid about $54.48 per sf to LVWD Ltd. of Newtown Square, PA, for the 55%-occupied complex here, which consists of three 10-story office buildings built in the 1970s.
MIAMI-The 203-room hotel, part of the 1.2-million-sf, mixed-use Espirito Santo Plaza here, went for approximately $320,197 per room. EI American Real Estate Corp., a Florida corporation, bought the property from its developer, Estoril Inc.
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.
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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.
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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