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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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1450 Brickell Lands Three New Leases, UMLSTP Gets Four

1450 Brickell Lands Three New Leases, UMLSTP Gets Four

By Georgiana Mihaila, Associate Editor The Class A 1450 Brickell office tower in Miami’s Brickell Financial District recently announced plans to add 23,300 square feet worth of finalized leases; the 35-story tower has landed Gentrust Wealth Management and M&A advisory firm [...]…

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Porsche Design Teams Up with Dezer for $650M Condo Tower

Porsche Design Teams Up with Dezer for $650M Condo Tower

By Georgiana Mihaila, Associate Editor Porsche Design plans on making a grand entrance into the South Florida multifamily market by partnering with Dezer Properties for its $650 million Sunny Isles Beach condo tower. The major project, named Porsche Design Tower, has [...]…

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Hersha Signs Deal to Buy Cortyard Miami Beach Oceanfront for $95M

Hersha Signs Deal to Buy Cortyard Miami Beach Oceanfront for $95M

By Georgiana Mihaila, Associate Editor Hersha Hospitality Trust is preparing to enter the Miami market by signing a purchase contract to acquire the Courtyard Miami Beach Oceanfront. Hersha has agreed to pay $95 million, or $361,217 per key, for the 263-room hotel [...]…

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Consulate General of Mexico Relocates to Brickell Financial District

Consulate General of Mexico Relocates to Brickell Financial District

By Georgiana Mihaila, Associate Editor The Consulate General of Mexico will soon join the consulates of Brazil, Argentina, Chile, Dominican Republic, Guatemala and Peru in the Brickell Financial District, after having just signed a lease for three full floors at 1399 [...]…

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JLL Lands Exclusive Leasing and Management Contracts for Top Miami High-Rises

JLL Lands Exclusive Leasing and Management Contracts for Top Miami High-Rises

By Georgiana Mihaila, Associate Editor After successfully landing the exclusive leasing and management contract for Miami’s One Brickell Square, Jones Lang LaSalle has also been selected as the exclusive broker for 600 Brickell at Brickell World Plaza. As of October 31, [...]…

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$170M Brickell House to Become Miami’s Newest Condo Tower

$170M Brickell House to Become Miami’s Newest Condo Tower

By Georgiana Mihaila, Associate Editor A new $170 million condo high-rise is in store for the Brickell area, as announced by developer Newgard Development Group. According to The Miami Herald, Brickell House is merely the first in a wave of condo [...]…

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Trump Offers $170M for Doral Golf Resort & Spa

Trump Offers $170M for Doral Golf Resort & Spa

By Georgiana Mihaila, Associate Editor Donald Trump is eying several golf deals in Florida, with plans to start with the purchase of the Doral Golf Resort & Spa; Trump has confirmed that his company will pay $170 million for the luxury [...]…

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Fund Snags BofA Plaza on Las Olas for $164M

Fund Snags BofA Plaza on Las Olas for $164M

By Georgiana Mihaila, Associate Editor The 23-story Bank of America Plaza at Las Olas City Centre in Fort Lauderdale is now part of a fund operated by JPMorgan Investment Management, 401 East Las Olas LLC. The trophy office building, currently 95 [...]…

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