Rank Company / Prior (*Not ranked in 2016) / URL Sum dollar volume sales/leases Dollar volume of square feet sold Dollar volume of square feet leased Sum square feet sold/leased Square feet sold Square feet leased 1 CBRE, 777 Brickell Ave., Suite 900, Miami, FL 33131, 305-374-1000, cbre.com/florida 4898384811 3947328405 951056406 31381539 20225327 11156212 2…
FCI Residential, the apartment development arm of sugar producer Florida Crystals, paid $7.8 million for a site in Palmetto Bay’s new downtown district. The Altantico at Palmetto Bay will be the first project under the rezoning plan the village approved in December that created a Downtown Urban Village district with more density and mixed-use projects.…
The CityView Apartments just west of downtown West Palm Beach were sold for a 12.1 percent gain just 13 months after their last trade. CityView Apartments LLC, an affiliate of Los Angeles-based Investors Management Group headed by President Neil Schimmel, sold the 217-unit complex at 500 N. Congress Ave. to NXRTBH Cityview, an affiliate of…
South Florida construction contracts still saw some growth in the first half of 2016, but it was well below the double-digit pace of growth last year, according to Dodge Data and Analytics. There were $5.13 billion in construction starts in the first half of 2016 in the tri-county area, up 4 percent from $4.95 billion…
BFC Financial Corp. and BBX Capital Corp. signed an agreement to merge, a deal the related companies hope to complete after their prior merger was terminated in late 2014. Both companies are based in Fort Lauderdale and headed by acting Chairman and CEO Jarett S. Levan. His father and the former CEO, Alan B. Levan,…
A West Miami building leased to CVS pharmacy was sold to a New York investor for $12.5 million. CCD PR No. 9 LLC, an affiliate of Coral Gables-based Caval Real Estate Management, sold the 15,051-square-foot building at 2393 S.W. 67th Ave. to Northern Motor Inn. The buyer is a New York-registered company managed by Jesse…
Sales of new condos in coastal Miami and Fort Lauderdale slowed even further in the second quarter, according to a report by brokerage ISG World. Condo developers were hopeful that foreign buyers would recover from the rapid strengthening of the U.S. dollar last year and jump back into the market, but that hasn’t happened in…
Developers have filed separate plans in Miramar for a retail center and a Holiday Inn Express and Suites. Both applications will go before the city’s Development Review Committee on Thursday. The retail project could be approved and forwarded to the city council. The hotel plan is scheduled for an initial discussion. Five retail buildings would…
Citrix is selling a major segment of its products in a $1.8 billion transaction. The Fort Lauderdale-based tech company will shed its GoTo line of products as it continues to restructure, the Sun Sentinel reported Tuesday. The news came a month after a portion of the GoTo remote access software was hacked in what the…
Allapattah auto repair The new owner of a former auto repair facility in Allapattah plans to repurpose the property into an Indian clothing boutique. The Two J’s sold the auto repair property at 2050, 2036 and 2030 Northwest 23rd Street to Vinamrata Mehta, according to a press release. The three buildings were built in 1956 and total 14,771…