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HOLLYWOOD, FL-The Florida builder plans to break ground soon on the $70-million, 12-story project here. It is scheduled to be completed in May 2006 and will have 285 condominium units and 36,000 sf of retail space.
COCONUT GROVE, FL-The firm also will manage the Mayfair in the Grove, a mixed-use facility, which is undergoing a conversion of two floors of retail space to office space. The building is 52% leased.
MIAMI-EquiProperty LLC, based here, plans to convert the 144,659-sf 1000 Brickell Ave. building into condos with a sellout value of more than $40 million. Many current tenants are expected to buy space in the 12-story building, which the Allen Morris Co. sold.
SUNRISE, FL-The Fort Lauderdale-based full-service commercial real estate development and investment company plans to build the 139,000-sf, class A building here by late next year.
COCONUT GROVE, FL-Colony Capital LLC and the Falor Cos., which bought the hotel this year, are in the middle of a $10-million renovation and conversion to an upscale condo-hotel. The majority of the renovations are expected to be completed by early next year.
MIAMI-Intell Management and Investment Co. plans to develop the two-tower project, called Avenue, by the first quarter of 2007 in the city's Brickell Avenue area. The mixed-used effort will include condo units and 24,000 sf of retail space.
SUNRISE, FL-The company paid Sawgrass Joint Venture $400,000 for about 1.5 acres at the entrance to Sawgrass International Corporate Park here, where it plans to house a 134-child-day-care center. A Nodal Engineering project and a two-story office building also are planned for the property nearby.
FORT LAUDERDALE, FL-The insurance company plans to move about 20 employees into the 20,402-sf building, which Commercial Station LLC sold for about $82.10 per sf. The building is one of three within Commercial Station here.
WESTON, FL-The Ireland Cos. is spending a total of about $75 million on the purchase and conversion of the 496 units of the Bonaventure Resort & Spa into 252 luxury condominiums. Wyndham also signed an agreement to manage the resort, which will become the Wyndham Resort & Golden Door Spa at Weston.
PALM BEACH GARDENS, FL-A Birmingham, AL, firm paid $147 per sf for the 96,548-sf North Beach Plaza here. ROHO North Beach Ltd., a local partnership headed by Ross Realty Investments, was the seller. ROHO paid $8 million for the property six years ago.
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