Five-building office portfolio in Miami sold for $68M

Ivy Realty acquired a five-build office portfolio in Miami’s Waterford at Blue Lagoon business park for $68.25 million, or $191 per square foot. The property near Miami International Airport was sold by fund manager DRA Advisors, which was represented by Cushman & Wakefield’s Mike Davis, Scott O’Donnell, Michael Lerner, Rick Brugge, Dominic Montazemi and Miguel…

Company seeks incentives to expand regional HQ

An aviation component and sales company is seeking incentives to create 15 jobs at its expanded regional headquarters in Miramar. The city commission will consider two incentive deals for the company, identified only as “Project Birdie” at its meeting Wednesday evening. The company could receive $45,000 from the Qualified Target Industry tax rebate program, with…

The maestro of brand design

From the National Market Report: Whether the project involves high fashion, toy stores or even the NBA, Gensler’s creative director, John Bricker, knows a thing or two about corporate brands — sometimes even better than his clients, he says. He oversees the creative direction of the entire international architecture and design firm as well its branding…

Pharma company will immediately cut jobs

Catalyst Pharmaceuticals Inc. will immediately reduce its workforce by at least seven positions, according to an announcement Tuesday. The Coral Gables-based firm confirmed it would cut its commercial operations team as it must complete a trial of its drug, Firdapse, and then seek approval by the Food & Drug Administration. “I would like to express…