RelatedISG acquires Wynwood-based brokerage

RelatedISG president Alex Vidal and the Wise Realtors team RelatedISG International Realty acquired Wise Realtors, a Wynwood-based brokerage, as it continues to expand in South Florida. Wise Realtors, founded by Julio Ospina and Jorge Llano, will bring its 19-person team to RelatedISG, a joint venture between the Related Group and ISGWorld. The Wynwood firm, which…

Retail building in Miami’s Coconut Grove sold

A Chicago-based real estate firm acquired a retail building in the heart of Miami’s Coconut Grove for $23 million. RKF Managing Director Benjamin Mandell said he represented L3 Capital in the acquisition of the 28,731-square-foot retail building at 3034 Grand Ave. from Grove Corner LLC, managed by Peter Gardner. The deal equates to $801 per…

The List: Executive Office Suite Centers

A Pembroke Pines office center ranked first on the South Florida Business Journal’s list of executive office suite centers. The office center earned the top spot based on its 96,996 total rentable square footage. To see who else topped the list, click through the photo gallery included with this post. The complete executive office suite…

Executive Office Suite Centers

Rank Center / Prior (*Not ranked in 2015) / URL Total rentable sq. ft. No. of suites Suite size range sq. ft. Monthly rental range Building type Leasing company 1 Pembroke Pines Professional Suites, 9050 Pines Blvd., Pembroke Pines, FL 33024, 954-613-4204, pppc.adlergroup.com 96996 45 57 – 518 285 – 1380 A Adler Realty Services…

News in brief

• South American concept Quinto La Huella will open May 23 at EAST, Miami, within Brickell City Centre. The restaurant will feature wood-fire ovens, a sushi counter highlighting Florida’s coastline, and outdoor dining. (305) 712-7000 or www.quintolahuella.com. • Latino Envios, at 5321 N. State Road 7 in Tamarac, has signed on with U-Haul to offer…

The Wrap: Midtown Miami’s newest residential project is going through approvals, Miami Dade College grabs grand old Miami U.S. courthouse…and more

Midtown Miami

1. Midtown Miami’s newest residential project is going through approvals [The Next Miami]
3. Miami Dade College grabs grand, unused old Miami U.S. courthouse [Miami Herald]
3. Miami shouldn’t give up in face of sea-level rise [Miami New Times]
4. New real estate component in S&P Index could leave financial stocks adrift [WSJ]

— Katherine Kallergis

Rum maker to expand to bigger space in South Florida

South Florida Distillers will move its rum production facility to a new 4,600-square-foot space in Fort Lauderdale next month, the South Florida Business Journal has learned. The company expects to relocate to 2608 South Federal Highway, in a space attached to a 6,000-square-foot bar venue available for rent. The larger facility allows South Florida Distillers…