WINNER: Miami Burger King’s parent company is based in Canada, but the fast-food giant is keeping its headquarters office in Miami. The company signed a lease for a 150,000-square-foot building to be constructed in the Waterford at Blue Lagoon office park in Miami near its former HQ. (Sounds good to us.) WINNER: Cruisers Regent Seven…
The Top 5 on The List of business parks for 2016 remained unchanged from last year’s list. Flagler Station maintained its hold at the peak with 870 developed acres. However, there have been changes among some of the business parks on The List. The long standing Arvida Park of Commerce in Boca Raton, rebranded and…
Rank Business Park / Prior (*Not ranked in 2015) / URL Developed acres Total acres No. of tenants Year built Leasing agent(s) 1 Flagler Station, 10505 N.W. 112th Ave., Miami, FL 33178, 305-805-3012, flaglerstation.info 870 900 NA 1990 Stuart Gordon stuart.gordon@flaglerdev.com 2 Miami Lakes Business Park, Palmetto Expressway & N.W. 154th St., Miami Lakes, FL…
If a small business wants a loan, whether it’s a U.S. Small Business Administration loan or a line of credit, a South Florida ZIP code is priceless. Small business loan growth here was more than double that across the nation. Whether it’s a furniture chain seeking capital for real estate, a natural grocery that wants…
Our annual look at South Florida’s Power leaders is not just a list of who is in charge, but a snapshot of our region’s diverse economy. Here we list the leaders of the sectors that make our economic engine hum, from tourism and real estate to health care, tech and professional services. The Business Journal…
Construction cranes South Florida contractors received many fewer checks in the mail by the end of 2015, closing out a year that began with a veritable building boom. Developers sank $10.335 billion into construction contracts by the end of December — a 3 percent increase from the total $10.036 billion spent in 2014, according to…
The recent buyer of the former Bertram Yacht property on the Miami River has been hit with a $16 million foreclosure lawsuit. Birch Commercial Mortgage, an affiliate of San Francisco-based Alecta Real Estate Investment, filed the foreclosure lawsuit on Jan. 25 against Interterra Investments Group and Intermarine Investments. It concerns a mortgage issued for $16…
The Broward County Commission unanimously approved a lease that will clear the way for Broward College to build a $3.5 million hangar facility for its aviation program. Diversified Aviation plans to build a 13,500-square-foot facility for the college on its 8-acre campus at North Perry Airport in Pembroke Pines. In addition to hangars, the building…
A group that acquired a warehouse in North Miami Beach for $8.3 million plans to redevelopment it with apartments and ground-floor retail. CK Prive Group 164 LLC, a joint venture between CK Holding Group and Prive Land Banking, acquired the 1.96-acre site from Commercial Developers, managed by John Kurzman and Rhoda Kurzman in North Miami…
Construction starts increased 3 percent in South Florida in 2015, a dramatic slowdown from the growth a year before, according to Dodge Data & Analytics. The tri-county region saw a 52 percent jump in construction contracts in 2014. Things were still looking good through the first half of 2015 as construction starts were up 38…