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Swire Properties Moves Forward with Large Brickell CitiCentre Project

Swire Properties Moves Forward with Large Brickell CitiCentre Project

By Georgiana Mihaila, Associate Editor Developer Swire Properties is currently testing and preparing the site where its mega-project Brickell CitiCentre will soon begin to rise. The South Florida Business Journal reports the developer has received a $140 million credit by HSBC [...]…

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Premier South Florida Oceanfront Site Slated for Development

Premier South Florida Oceanfront Site Slated for Development

 By Georgiana Mihaila, Associate Editor Aventura-based Shefaor Development is scouting the market for potential buyers or joint-venture partners to aid in the development of a 1.6-acre site between Bal Harbour and Fort Lauderdale. Marketed as one of the last premier oceanfront [...]…

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Related Buys 33-acre Site for New Multifamily Community

Related Buys 33-acre Site for New Multifamily Community

By Georgiana Mihaila, Associate Editor Related Development is one step closer to building its newest rental community in West Miami-Dade, as the residential developer recently purchased a 33-acre site for $20.5 million. The property, located at the junction of Northwest 97th Avenue [...]…

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BrickellHouse Leads Miami’s Next Wave of Condo Development

BrickellHouse Leads Miami’s Next Wave of Condo Development

By Georgiana Mihaila, Associate Editor Less than four months since launching, BrickellHouse has managed to sell 50 percent of its future 374 units of condo space near downtown Miami. The fast-paced sales activity is being driven by international, cash-heavy buyers from [...]…

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Miami Heart Institute Trades Owners, Awaits Resolution

Miami Heart Institute Trades Owners, Awaits Resolution

By Georgiana Mihaila, Associate Editor Holliday Fenoglio Fowler recently announced the successful sale of the Miami Heart Institute to Lionheart Capital after years of scouting for a potential buyer. No financial details have been disclosed, but seller Mount Sinai Medical Center [...]…

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Miami Herald Signs Lease for New 158,000-square-foot Headquarters

Miami Herald Signs Lease for New 158,000-square-foot Headquarters

By Georgiana Mihaila, Associate Editor The Miami Herald Media Company has found a new place to call home: the former U.S. Southern Command headquarters in the heart of Doral. The Herald has signed a lease for the entire 158,265-square-foot building while [...]…

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Miramar Park of Commerce Lands 1M Sq Ft Worth of Leases in 2011

Miramar Park of Commerce Lands 1M Sq Ft Worth of Leases in 2011

By Georgiana Mihaila, Associate Editor Miramar Park of Commerce prides itself on over one million square feet of space leased in 2011 with 60 percent of new tenants coming from healthcare related companies. The healthcare and biotech company surge in the Park [...]…

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396 Alhambra Lands HBO Latin America as Major Tenant

396 Alhambra Lands HBO Latin America as Major Tenant

By Georgiana Mihaila, Associate Editor HBO Latin America Group has signed what is said to be the largest 2011 lease in Coral Gables for 66,000 square feet at 396 Alhambra. Starting with the third quarter of 2012, HBO Latin America will [...]…

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Banah Moves HQs to Hialeah, Signs Top Lease

Banah Moves HQs to Hialeah, Signs Top Lease

By Georgiana Mihaila, Associate Editor Terreno Realty Corp. landed what is considered to be one of 2011’s biggest leases by signing a deal with sugar producer Banah International for 300,000 square feet of space. The South Florida Business Journal reports that [...]…

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Loan Modification for CityPlace, Refinancing Arranged for Gateway Centre

Loan Modification for CityPlace, Refinancing Arranged for Gateway Centre

By Georgiana Mihaila, Associate Editor The CityPlace mixed-use center managed to dodge foreclosure as Stephen Ross—owner of the Miami Dolphins—agreed to a modified mortgage. According to the South Florida Business Journal, back in September, a commercial mortgage-backed securities trust with Miami [...]…

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Construction Starts on Margulies’ Newest Condo Tower

Construction Starts on Margulies’ Newest Condo Tower

By Georgiana Mihaila, Associate Editor As part of the recent streak of new condo developments in the South Florida area, the last William Islands residential site is about to be occupied by a new high-end condo project. Developer Martin Z. Margulies [...]…

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Cervera Real Estate Tapped to Sell BrickellHouse Luxury Units

Cervera Real Estate Tapped to Sell BrickellHouse Luxury Units

By Georgiana Mihaila, Associate Editor Newgard Development Group has chosen Cervera Real Estate to serve as the exclusive sales and marketing agent for its newest luxury condo tower, BrickellHouse. The $170 million project, slated to break ground in the third quarter [...]…

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