Commercial development, private school proposed

A developer filed plans for a commercial/retail center and a private school in Miami-Dade County’s Kendall/Tamiami neighborhood. Tamiami Square would be on a seven-acre site at the southwest corner of Southwest 136th Street and Southwest 157th Avenue. It’s near Lennar Homes’ new Crestview community. Under a site plan and rezoning application filed on July 14…

Foreign investment in South Florida commercial real estate hits nine-year high

Foreign investment in South Florida commercial real estate soared to a nine-year high in 2015, according to CBRE Group. The commercial brokerage highlighted international investment in the state in a report called “Florida: A Destination for Global Capital.” Not surprisingly, South Florida accounted for the majority of the foreign investment activity in the state. Foreign…

Commercial brokerage expands South Florida offices

Colliers International expanded its South Florida offices in all three counties, including one new location. The commercial real estate brokerage wants to grow its market share after reaching 110 real estate professionals. It ranked No. 8 on the Business Journal’s Commercial Real Estate Brokerages list in 2015 with $560 million in sales and leases. Colliers…

College sells site to commercial developer for $10M

Broward College sold 14.7 acres in Miramar to Medley-based Megacenter for a mixed-use industrial development. The board of the state college sold the property at 7451 Riviera Blvd. for $10 million to Megacenter Miramar LLC, managed by Patricio Ureta and Pablo Wichmann. Megacenter specializes in flexible-length rentals of industrial, self-storage and office space. The property…