The home of the Fresh Market in Plantation sold for $10.9 million. IMOB Investments, managed by Maurice Egozi in Bay Harbor Islands, sold the 25,021-square-foot building at 12171 W. Sunrise Blvd. to Allegra and the Saints LLC, managed by New York-based Allegra Tribeca Inc. The price equates to $436 per square foot. The building was…
The 23-story Courthouse Tower in downtown Miami traded for $27.5 million. Courthouse Tower LLC, managed by Richard Donovan in Coral Gables and Christopher W. Bramley in Garner, Massachusetts, sold the 162,510-square-foot mixed-use building at 44 West Flagler Street to New York-based Brickman. RKF Senior Directors Benjamin Mandell and John Ellis and Executive VP Drew Schaul…
The Port of Miami shipping yard 1. U.S. commercial property values down for first time in 5 years [Daily Business Review]2. City of Miami wants to bring restaurant to Fort Dallas Park [The Next Miami]3. For-profit college files bankruptcy, owes $19.5M to landlord [SFBJ]4. Why May is a magic month for home sellers [Wall Street Journal]…
A conceptual rendering of the MLS Miami stadium David Beckham’s plans to build a soccer stadium in Miami have reportedly hit yet another roadblock: parking. The soccer star and his development group Miami Beckham United missed their February deadline to close on the purchase of Miami-Dade County land in Overtown, and now county officials are…
The proposed guitar-shaped hotel that would be built in the Seminole Tribe’s Hollywood entertainment complex The Seminole Tribe of Florida’s plan to spend $1.8 billion on expanding their gaming facilities — including the construction of a massive guitar-shaped hotel in Hollywood — is on life support after the gaming compact it hinges on was reportedly…
Sports Authority could close or sell 19 stores in Florida, according to information obtained by the South Florida Business Journal. The Colorado-based retailer filed Chapter 11 bankruptcy reorganization on Wednesday morning. It announced plans to close 140 of its 463 stores nationwide. It has 48 stores in Florida. Sports Authority has 23 locations in South…
The parent of for-profit Mattia College filed Chapter 11 reorganization in U.S. Bankruptcy Court on Feb. 29 shorty after it closed its schools in West Kendall and Doral. Professional Training Centers listed assets and liabilities both in the range of $1 million to $10 million. It’s owned by Antonio Mattia. It’s likely the case will…
The parent of for-profit Mattia College filed Chapter 11 reorganization in U.S. Bankruptcy Court on Feb. 29 shorty after it closed its schools in West Kendall and Doral. Professional Training Centers listed assets and liabilities both in the range of $1 million to $10 million. It’s owned by Antonio Mattia. It’s likely the case will…
A developer plans to build an aviation training charter school in Miami-Dade County’s Kendall area. Smart Charter Group, an affiliate of Hollywood-based MG3 Developer, filed plans for the 165,100-square-foot school with county officials on Feb. 26. It could host up to 3,000 students. The two-story K-12 school would be located on the 9.5-acre site at…