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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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South Florida’s Central Station Kicks Off

South Florida’s Central Station Kicks Off

By Georgiana Mihaila, Associate Editor Tuesday, September 27 marked the construction start for the first complete transportation hub in South Florida—work began on the Miami Central Station. Florida Department of Transportation Secretary Ananth Prasad joined local officials and representatives of Amtrak, [...]…

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JV Acquires Continental Bayside Hotel for $13.5M, Plans Full Renovation

JV Acquires Continental Bayside Hotel for $13.5M, Plans Full Renovation

by Georgiana Mihaila, Associate Editor The Continental Bayside Hotel is heading toward a full renovation after its recent change of owners; Weston, Fla.-based InSite Group and an affiliate of the Washington, D.C.-based Carlyle Group formed a joint venture for the purchase [...]…

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$3B Resorts World Miami Master Plan Unveiled

$3B Resorts World Miami Master Plan Unveiled

By Georgiana Mihaila, Associate Editor The Genting Group recently unveiled the awaited master plan for the $3 billion Resorts World Miami. The mega resort project caused quite a stir with its curvaceous multi-tower design with an LED-lit exterior and its size [...]…

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1450 Brickell Leading Commercial Market Recovery

1450 Brickell Leading Commercial Market Recovery

By Georgiana Mihaila, Associate Editor According to a recent report by CB Richard Ellis, Florida’s commercial property market will continue to recover at a slow and steady pace, with Miami-Dade County leading the way in new activity. The report shows that [...]…

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Carrfour to Deliver First 56 Affordable Units with NSP2 Funds

Carrfour to Deliver First 56 Affordable Units with NSP2 Funds

By Georgiana Mihaila, Associate Editor Carrfour Supportive Housing is putting federal stimulus dollars to work with the purchase of a formerly distressed apartment complex, Harvard House Apartments. The Miami-based developer purchased the property through funds from the U.S. Department of Housing [...]…

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AON Group Renews Brickell Lease; 2525 Ponce Signs Quest Workspaces

AON Group Renews Brickell Lease; 2525 Ponce Signs Quest Workspaces

By Georgiana Mihaila, Associate Editor Insurance giant AON Group has renewed its lease at Brickell Bay Office Tower in what marks the largest office lease transaction completed this year in Miami’s Brickell office market. Currently 91 percent occupied, the Class A [...]…

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A ‘Greener’ South Florida with New Hampton Inn and FAU Building

A ‘Greener’ South Florida with New Hampton Inn and FAU Building

By Georgiana Mihaila, Associate Editor South Florida is about to get much greener, as Hampton Inn & Suites Miami Brickell-Downtown, slated for opening next month, set its sights on becoming Miami’s first LEED Certified hotel and the third LEED Certified Hampton [...]…

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Las Olas City Centre to Sell for $160M; 396 Alhambra Opens South Tower

Las Olas City Centre to Sell for $160M; 396 Alhambra Opens South Tower

By Georgiana Mihaila, Associate Editor Las Olas City Centre, the prominent Fort Lauderdale office tower, is being purchased by a fund related to JP Morgan Investment Management for $160 million, or $400 per square foot. According to South Florida Business Journal, [...]…

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