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MIAMI-Miami still lags behind the nation in rebounding, as well as behind last year's occupancy and rate levels. Meanwhile, the future looks uncertain in the eyes of industry experts.
MIAMI-Two additional new tenants bring the leasing total 62,026 sf, aggregately valued at an estimated $2.92 million. The leases are for seven-year to 10-year periods at average quoted rents of $5.40 per sf to $6.35 per sf.
MIAMI-A New Jersey appellate court has denied a move by Century 21 Real Estate Corp. and Cendant Corp. to dismiss a suit alleging the two failed to fulfill obligations to a Miami-Dade County real estate brokerage and other current and former Century 21 franchisees nationwide.
MIAMI-The Miami-based law firm will pay more than $32 per sf to occupy 12,200 sf of office space in the well-known, premier project Boca Center, Tower 2.
MIAMI-The Tamarac, FL, warehouse/distribution facility filled up quickly, leasing about 75% of its space in one quarter. Meanwhile, South Florida's Butters Construction & Development Inc. and partners purchased the 107,804-sf building.
MIAMI-Owner CSC Brazilian LP plans to convert the 76-year-old, 103-room hotel in Palm Beach into luxury condominiums after investing $10 million into ongoing renovations. The late Gary Cooper, Cary Grant and Richard Nixon have been among the property's guests.
MIAMI-The company will continue to occupy the 36,000-sf in Pompano Beach, FL, for a year, at which time the new Fort Lauderdale owners will find another tenant.
MIAMI-The federal Department of Veteran Affairs paid $11.25 million or $35,942 per acre for the 313-acre Wagenberg tract that will house a 120,000-plot national cemetery west of U.S. 441 and State Road 7 in south Palm Beach county.
MIAMI-Codina Realty Services Inc. ONCOR International has signed three new tenants in the 80%-leased Coral Gables,FL building, including Merrill Lynch for 10 years. The leases have a total estimated value of $12.19 million to $13.88 million.
MIAMI-The Lefmark Group sells the recently redeveloped shopping center to Ross Realty of Pembroke Pines for $11.1 million. The center is located in the high-growth Fort Myers area.
From Placer.ai
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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