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MIAMI-Plantation Square Ltd. paid about $109.14 per sf to Greenwich, CT-based National Re/Sources for the 65,055-sf shopping center in Plantation, FL. The center was built in 1979 and had a 98% occupancy at the time of the sale.
MIAMI-The county's overall vacancy rate and sublease availabilities increased, while net absorption stayed negative, Cushman & Wakefield's first quarter office report states. The Miami Beach submarket had the highest vacancy rate in the county at 33.6%.
MIAMI-ORJAZZUM LLC, owned by South Florida restaurateur Ken Mata and partners, purchased The Living Room/Strand nightclub and plans to have world-class entertainment and DJs in its 10,000-sf locale. The lease was brokered by The Prakas Group Inc.
MIAMI-The 33-story Brickell Bayview Centre here sold for $38.4 million, or about $134.93 per sf. The Arden Group sold the more than 86% leased building, which includes 15 parking garage levels.
MIAMI-The third-party logistics company, based in Sao Paulo, Brazil, subleased the space at Westpointe Business Park here from Kintetsu World Express in a deal valued at $735,784. Lobraus is moving and doubling its space.
CORAL SPRINGS, FL-Game Properties bought the 85,247-sf shopping center here from Sansone Group, of St Louis, for approximately $91.79 per sf. The center, anchored by Winn-Dixie, was 87% occupied at the time of the sale.
MIAMI-The large international law firm is leasing 24,000 sf of office space for 10 years in a move from 1200 Brickell Ave. to Mellon Financial Center at 1111 Brickell Ave. here.
MIAMI-The global investment group acquired the 272,914-sf, class A shopping center from Invesco Realty Advisors for about $190.53 per sf. The plaza is about 98% occupied, and the anchor tenants are Albertson's, Toys 'R' Us, LA Fitness and Office Max.
MIAMI-The company paid $7.4 million, or about $120.48 per sf, to Aneli Investments LLC for the building, located here at 5835 Blue Lagoon Drive in Waterford Park. Pars plans to occupy about two-thirds of the building.
SUNNY ISLES BEACH, FL-Jim Cohen has directed sales and marketing at Turnberry's sister community, Porto Vita in Aventura, FL, for more than eight years. He has joined the under- construction Turnberry Ocean Colony, a two-tower luxury condominium community here.
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.
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 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