E-commerce fuels industrial REIT growth

E-commerce fuels industrial REIT growth Demand for industrial space rises as more and more people online shop June 15, 2016 06:00PM A Walmart.com fulfillment center (Wal-Mart) From the Los Angeles website: Online shopping addiction seems to have an upside for industrial real estate investment trusts. Thanks to the rapid growth of e-commerce, industrial REITs have been…

The Miami parking debate

2012 photo of the Miami skyline There are few public issues in Miami more visible and divisive than parking. On a broad scale, the city is studded with parking garages of all shapes and sizes, vast surface lots and now even self-parking robots, all meant to serve the nearly 2 million registered vehicles in Miami-Dade…

Scotch & Soda opening in Wynwood

2310 Northwest Second Avenue Scotch & Soda, the trendy Amsterdam-based retail chain, will open its first store in Wynwood, as the neighborhood continues to attract high-end shops, The Real Deal has learned. The store has signed a lease for 2,300 square feet at 2310 Northwest Second Avenue, and will relocate its shop from Miami’s Design…

Lakeside apartments trade for $47 million

A Miami-based real estate duo has snapped up the Lakeshore at University Park apartment complex in Miramar for $46.8 million, according to Broward County records. The buyer was Miami-based Lake Vista Apartments LLC, a collaboration between CFH Group’s Tom Cabrerizo and real estate developer Sheldon Lowe. The seller was California-based Fairfield Pier Club LLC. The…