Miami
Flex-Industrial Property Fetches High Figure of $134 PSF
A flex-industrial building on the western edge of the city of Sunrise was sold recently for what the broker defined as the high watermark price for this property type in 2015. Morris Southeast Group announced the sale worth $6.02 million and the company was the only broker involved in the transaction
Miami-Based Integra Closes on Former Bank Atlantic HQ for $21M
By Balazs Szekely, Associate Editor The former Bank Atlantic headquarters has changed hands for $21 million in the largest single-tenant vacant building sale in the Cypress Creek submarket in the last five years, according to Stiles Realty. The sales price equates to $113.51 per square foot. The seller, Branch Banking and Trust, was represented by […]
Downtown Dadeland Signs New Retail Tenants
Downtown Dadeland has recently completed 33,000 square feet of new leases at its retail component. Five new tenants will join soon according to the new owners of the property.
Market Snapshot: Miami Rent Growth Increases, So Does Vacancy
An increase in completions leads to higher vacancy in Miami, though the city retains the third highest occupancy in the nation.
Miami Still King to International Homebuyers
Although foreign buyers seem to be slightly less interested in Miami properties compared to the year before, Miami retains its spot as the most sought-after destination by international home buyers.
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