Miami

Many new purchasers have named SALT as the motivating factor for seeking a residence in South Florida.

The project completed by Skanska/HOK added 55,000 square feet to the terminal's third-floor transfer level.

The project will be built on approximately10-acre site of the 184-acre property being developed by the Soffer family of Miami and the LeFrak family of New York City.

Globest.com recently asked Philippe Houdard, co-founder of Pipeline Workspaces, to discuss the forces behind the growth in flex space in the Sunshine State and what it means for the future of co-working space here.

The Deutsche Finance America-Bilgili Holding and SHVO joint venture purchased the property in an all cash transaction in partnership with a number of Germany's largest institutions, including Bayerische Versorgungskammer—Germany's largest public pension fund manager.

The Realtor organization blamed buyer uncertainty caused by the partial federal government shutdown, instability in the stock market and the specter of rising mortgage interest rates as the root causes of the lower sales volume in January.