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UBS Remains Loyal to Iconic 550 Biltmore

UBS Remains Loyal to Iconic 550 Biltmore

After a comprehensive search for an alternative in the neighborhood, UBS officials decided to renew the financial services firm’s 43,500-square-foot office lease at 550 Biltmore.…

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Chilean Hospitality Chain Broke Ground on Atton Brickell Hotel

Chilean Hospitality Chain Broke Ground on Atton Brickell Hotel

Atton Hotels started site work on its first US project, a 275-room, 12-story full-service hotel. Located at 1500 SW 1st Ave. in Downtown Miami, construction of the $65 million project is expected to create around 400 jobs until the completion scheduled to early 2016, and 130 permanent positions after delivery.…

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Starwood Eyes Historic Motel Ankara in South Beach for Adaptive Reuse

Starwood Eyes Historic Motel Ankara in South Beach for Adaptive Reuse

Set to open in less than a year, Starwood Hotels & Resorts Worldwide Inc.’s newest Aloft branded facility is coming to Miami's South Beach and will be first newly constructed hotel to open in that submarket in the past five years.…

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Le Parc at Brickell Condo Developers Close on $19M Loan

Le Parc at Brickell Condo Developers Close on $19M Loan

A joint venture between ALTA Developers and Strategic Properties Group broke ground just last month on Le Parc at Brickell, a 12-story, 128-unit luxury condominium going up in Miami’s upscale Brickell Financial District at 1600 SW 1st Avenue. The companies have released a publication recently, announcing the closing of a…

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Blanca Commercial Real Estate to Broker Leases at Douglas Entrance Office Park

Blanca Commercial Real Estate to Broker Leases at Douglas Entrance Office Park

Just over a month after Banyan Street Capital and Oaktree Capital Management LP paid $100.75 million to Pearlmark Real Estate for Douglas Entrance, the joint venture selected Blanca Commercial Real Estate as exclusive leasing agent for the 467,325 square foot, five-building landmark office campus at 800 S. Douglas Rd. in…

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Vista Pointe Apartments in Palm Springs Sold

Vista Pointe Apartments in Palm Springs Sold

The Vista Pointe community at 555 Kirk Road in Palm Springs has recently changed hands for $18.11 million with the involvement of CBRE, representing the seller, Riverfront Capital in the transaction. Avesta Real Estate Fund I, LLC is the new owner of the 314-unit apartment community.…

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Golden Sands Oceanfront Development Site in Miami Beach Sold

Golden Sands Oceanfront Development Site in Miami Beach Sold

CBRE Hotels has recently announced the sale of the former Golden Sands development site.…

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Krystal Logistics Relocates, Staying Loyal to Flagler Station

Krystal Logistics Relocates, Staying Loyal to Flagler Station

Krystal Logistics has outgrown its current facility at 10301 NW 108th Avenue in Flagler Station and plans to move to a 78,000 square-foot distribution facility, up from 46,000 square feet, by the end of the year. The new lease is also part of Flagler Station, at Building 36, which has…

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Trophy Bayfront Miami Beach Multifamily Site Has New Owner

Trophy Bayfront Miami Beach Multifamily Site Has New Owner

The Boca Raton office of ARA announced the sale of a 1.1-acre waterfront development site at 6800 Indian Creek Drive in Miami Beach. The company spoke for the seller, Miami-based Windsor Capital, in the transaction.…

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IHG Signs Third Hotel Indigo Location in Miami

IHG Signs Third Hotel Indigo Location in Miami

InterContinental Hotels Group builds a new $48 million hotel in Brickell that is expected to be ready by late 2016. Located at 145 SW 11th St., Hotel Indigo Miami Brickell marks the third hotel in the row of IHG’s Hotel Indigo branded properties in South Florida. The Hotel Indigo brand…

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Marina Palms Yacht Club & Residences Releases Plans for South Tower

Marina Palms Yacht Club & Residences Releases Plans for South Tower

The north tower of the luxury condo project has been sold out recently and developers decided it was time to unveil its second tower.…

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Ocean Land Set to Begin Work on Fort Lauderdale Condos

Ocean Land Set to Begin Work on Fort Lauderdale Condos

Ocean Land Investments has unveiled designs for two Fort Lauderdale condo developments that recently received city approval. …

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