Globest Sectors

The Miami City Commission agrees to settle Flagstone Island Gardens's lawsuit for $20 million, half of which is rent abatement for the city-owned property poised for development.

JLL notes that flex space inventory accounts for less than 5% of US office stock and that by 2030 that number will have skyrocketed to approximately 30% of the market.

Prior to joining CBRE, she served as the VP of retail leasing at Lakewood, NJ-based Paramount Realty Services, where she managed the leasing department for 30 portfolio properties totaling 5 million square feet.

One Park offers 204 upscale one-to-four-bedroom units ranging from 751 square feet to 2,983 square-feet priced from the $500,000s.

He initially joined the New Jersey office of Marcus & Millichap Capital Corporation in January of 2012 as an associate director.

The industrial developer sells a 1.5 million-square-foot industrial facility for $213.4 million and a 3.68% cap rate.

The company is developing two retail properties in Santa Ana totaling 55,000 square feet.

Mission Gorge Investors buys Hanover Mission Gorge, a 374-unit multifamily property located at 4440 Twain Ave. in San Diego.