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COCONUT GROVE, FL-The submarket has been considered very successful for several years, so tenants quit looking for space because the area was known for not having it. Now, new space in the submarket and relocations have contributed to the vacancy hike, which has spawned renewed interest in locating there.
MIAMI-A Woolbright Development Inc. affiliate sold the 110,867-rentable-sf, Publix-anchored Tamiami Trail Shops for $16.2 million, or $146 per sf of rentable space. Built in 1987, the property was 100% occupied at the sale.
FORT LAUDERDALE, FL-The sale of the 91-unit, eight-story, 77,850-sf apartment complex includes a single-family, waterfront home. DSI at Le Cercle LLC paid about $116,484 per unit to Mauka, Med. LLC for the property.
FORT LAUDERDALE, FL-The Philadelphia-based real estate investment trust is planning a major renovation of the 102,000-sf, six-story building here to bring it to class A office space. The property has been vacant since 2001.
PALM BEACH COUNTY, FL-Many submarkets, especially Boca Raton, experienced more positive results in the second quarter. The county overall, however, continues to struggle for recovery, while some signs are apparent.
WEST PALM BEACH, FL-John MacConnell, an attorney and real estate industry professional, was hired as director of contract finance and general counsel. The contract finance division will serve as the closing group for Bond Street Capital's real estate products.
MIAMI-Alan Roscoe paid $135 per sf for the 10,000-sf building here. He plans to relocate his law firm to the 19-year-old building, which was on the market for 30 days.
FORT MYERS, FL-Janie Hooker, who was formerly affiliated with the company, previously worked in residential real estate. She is responsible for operations of the company's 14 commercial real estate brokers in Fort Myers and Bonita Springs.
MEDLEY, FL-The construction firm based in Coral Gables, FL estimates the construction cost to be $13 million. Scheduled to break ground Aug. 1 and to be finished this year, the facility will be an expansion of Preferred Freezer Services Inc.'s South Florida operations.
MIAMI-The former apartment complex turned office building has been gutted and work has begun to convert it into a 239-unit condominium project. Miami Beach-based Karlton Properties is developing the site.
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