Miami

The Miami City Commission is set to review an unfinished lease and a proposal to kill stadium talks.

The asking rental rate rose $0.56-per-square-foot to an average of $39.75-per-square-foot from the second quarter. In the past year, MMG Equity notes that the average asking rental rate has risen $4.21-per-square-foot from the $35.54-per-square-foot registered in the third quarter of last year.

CBRE managed planning, site selection, procurement, preparation, landlord approvals, permitting, installation, activation and closeout at 215 workplace and multifamily buildings across 11 states.

According to Avison Young, prices in Dallas increased the most out of the major industrial markets, up 20% to $85 per square foot, with New York/Northern New Jersey and Miami also recording increases.

The Design 41 office-retail building was completed last year, and part of the loan pays off the original debt.

The acquisition marks FCP's 12th Florida investment, including previous multifamily, commercial and mezzanine acquisitions in Orlando, Tampa, Jacksonville and Southeast Florida.

ShareMD is taking the shared workspace concept to a new frontier by offering shared medical space in South Miami and Coral Gables.

The deal for the 120-unit property in this Jacksonville suburb calculated out to approximately $90,400 per unit.