Miami

HFF announced today Duke Realty's purchase of the property from Flagler Global Logistics of Miami.

The property was not Mayor Carlos Gimenez's first choice, who had pushed to build the courthouse next to the Children's Courthouse.

The WildBlue project will feature a variety of homes to be built by Lennar, as well as other major builders.

A Transwestern official tells Globest.com that the bidding for the property was intense with more than 300 confidentiality agreements from both domestic and international investors.

The deal marks a shift in corporate purchasing strategy for the PIA Group from single-family to multifamily value-add opportunities.

Starwood Mortgage Capital, LLC of Miami originated $40.75 million for the 55 Miracle Mile mixed-use building in Coral Gables and The Nexus property portfolio.

At the mid-year point there is currently more than 5.5 million square feet of industrial space under construction in South Florida, a record high for the past 10 years, according to the Newmark Knight Frank second quarter report.

The merger will allow Synovus to increase its presence in high-growth Florida markets, including Pensacola, Tampa, Jacksonville, Orlando, Sarasota, and Naples.