The experts gathered for the Greater Miami Chamber of Commerce’s South Florida Real Estate Summit stressed that the market is not headed for a downturn, even though growth has slowed. About 450 people gathered at Miami’s Jungle Island on Thursday for the event, which featured two panels and various speakers. Miami Commissioner Francis Suarez told…
The warehouse at 1101 Northwest 23rd Street A company tied to the Rubell family has purchased a warehouse west of Wynwood in Miami’s Allapattah neighborhood. Miami-Dade County records show Fresh 1101 LLC, an entity managed by Jason and Mera Rubell, paid $8.35 million for the 50,225-square-foot building at 1101 Northwest 23rd Street in Miami. The Rubells…
Buenos días, South Florida. A reminder that the GOP’s remaining presidential primary candidates take the state at the University of Miami tonight. 1. What home-state advantage? The four remaining Republican presidential hopefuls, Marco Rubio, Donald Trump, Ted Cruz and John Kasich, gather in Miami tonight for their 12th debate tonight. The good news? The debate…
Miami officials will soon consider four major projects: a multifamily tower downtown, a hotel in Brickell, a mid-rise apartment building in Edgewater and a mixed-use project in Wynwood. All four of these items will go before the city’s Urban Design Review Board on March 16. View the slideshow to see renderings of all four projects.…
A proposed Wynwood Square rendering (credit: Stantec) and developer Jeronimo Hirschfeld A Brickell-based developer has filed plans for a 12-story office, retail and residential tower in Wynwood. Wynwood Square aerial from the proposed plans One Real Estate Investment, founded and led by Jeronimo Hirschfeld, submitted plans for a 277,000-square-foot project called Wynwood Square. Wynwood’s Design…
The first floor of the 12000 Biscayne Building near North Miami is being converted into a retail space, and three tenants have already been signed. Gadinsky Real Estate’s Seth Gadinsky and Justin Schultz represented the landlord in signing the leases: 2,040 square feet for Starbucks, 3,500 square feet for Mattress Firm and 1,251 square feet…
The Northbridge Tower office building in downtown West Palm Beach and its neighboring Northbridge Pavilion were sold for $68.24 million. Dallas-based Gaedeke Holdings sold the office buildings to 515 N. Flagler Drive Owner, which is managed by Greenfield Partners in Westport, Connecticut and Crocker Partners in Boca Raton. The buyer secured a $56.75 million loan…
Three parcels on the end of a block in Miami’s Wynwood neighborhood sold for $35.35 million, as the seller made an astounding 1514 percent gain in four years. That skyrocketing property value is a sign of how much investors have focused on Wynwood as it gains traction as an arts, entertainment and restaurant district. The…
2301 Northwest Second Avenue New York-based JSRE Acquisitions just paid $35 million for an entire retail block along Northwest Second Avenue in Miami’s red hot Wynwood, The Real Deal has learned. The purchase includes three buildings at 2301 Northwest Second Avenue, 2315 Northwest Second Avenue and 198 Northwest 24th Street, sources told TRD. The property…