Development

The lease will lead the second phase of The Yards waterfront transformation, according to Brookfield's Greg Meyer.

Habitat Group broke ground on Smart Brickell Tower 1 on March 29 and expects delivery in the first quarter of 2021. Vanegas says the firm hopes to begin construction in the third quarter of this year on Smart Brickell Tower 2 and deliver that project sometime in 2021.

The global corporate headquarters of healthcare solutions company AmerisourceBergen will serve as an anchor for the transformative mixed-use, transit-oriented development.

“Our decision to invest in these capital improvements will increase the overall quality of the property, while continuing to attract top-tier tenants,” says Nahla Capital's Andrew Liebhafsky.

With the majority of the CRE brokerage industry close to retirement, and the pool of traditional CRE talent constantly shrinking, it's time for the industry to be more proactive about diversity and inclusion and it is now becoming a competitive advantage.

There is a frenzy around opportunity zone projects, but investors need to remember the social impact component of the legislation.