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MIAMI-At 10 years and 10,000 sf, the lease translates to $34 per sf in the mixed-use Boca Center, Tower 1. This brings the occupancy of the two towers to 94%.
MIAMI-American InterContinental University is taking 77,000 sf at an estimated aggregate rent of $20 million at Beacon Pointe, Phase III, bringing that property to 77% occupancy. Al About Staffing Inc. is leasing 40,000 sf at an estimated total rent of $10 million at Sawgrass Pointe, raising that structure to 30% occupancy. Both are estimated 10-year deals.
MIAMI-Richard, Harry and Mark Levy, principals in newly formed Levy Acquisition Co., will be senior officers at Oriole. Another Levy company, Levy Group, owns 60.1% of Oriole class A common stock and 24.5% of class B common.
MIAMI-One set of plans is for a nine-unit, $2.4 million loft project scheduled to break ground in February on a little more than a quarter of an acre at 1577 Bay Road.
MIAMI-The Coral Springs, FL, National Hockey League team wants to build "numerous" ice skating and entertainment facilities similar to Incredible Ice in South Florida towns, possibly including Weston.
MIAMI-The $187.28 per-sf price that seller Principal Life Insurance Co. obtained is top dollar in the market. The Des Moines, IA-based firm bought the property 3 1/2 years ago for $7.3 million less.
MIAMI-The locally based company also has a new contract with Principal Capital of Des Moines, IA, to manage the 287,000-sf industrial park in Miami. Principal chose Terranova over the DiGiacomo Group after buying West Pointe in August.
MIAMI-Dallas corporate lawyer Robert R. Veach Jr. is the new chairman of the four-year-old Palm Beach Gardens, FL-based REIT. Zoley was chairing Wackenhut and Correctional at the same time.
MIAMI-Net income was $5.1 million or 13 cents per diluted share compared to $3.3 million or eight cents per diluted share in the Boca Raton, FL-based company's final period ended June 30.
MIAMI-The Boca Raton, FL-based firm has named Ashley Barrett Bloom vice president as it expands its local and regional operations. Capitol's Arkansas subsidiary, Capitol Development of Arkansas Inc., has left Chapter 11 after paying off secured creditors a total $7 million.
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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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.
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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.
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