The Plaza at Coral Springs sold for $17.7 million. Plaza at Coral Springs LLC, managed by Jacob Khotoveli in Hollywood, sold the 96,280-square-foot shopping center at 650 to 850 Riverside Drive to 35 Oak US 5 Inc. The buyer is managed by William Weiner in Miami. The property is on the outskirts of the Coral…
Rendering of Moishe Mana’s proposed project in Wynwood and the developer (inset). The Miami City Commission took the first step in approving Moishe Mana’s ambitious plan to create an international business, cultural and entertainment-focused campus in Wynwood. Commissioners on Thursday gave preliminary approval for the “Mana Wynwood Special Area Plan,” which would grant the developer…
Two significant foreclosure lawsuits were recently filed in Miami-Dade County, including one targeting retail space in a downtown Miami condo. Brickell Bank filed a foreclosure lawsuit on June 14 against 900 Retail 101 LLC, 900 Retail 104 LLC, and 900 Retail 105 LLC over three retail condos on the ground-floor of the 900 Biscayne Bay…
Coral Gables will consider plans for a new Publix Super Market just south of the University of Miami in Coral Gables. The application for the site at 1542 South Dixie Highway will go before the city’s Development Review Committee on Friday, and would need further approval from the city commission. It was proposed by Riviera…
Rendering of the Midtown Miami Walmart (Inset: Walmart CEO Doug McMillon, left, and neighborhood activist Grant Stern, right) Walmart looked like it won the fight to build a controversial store in Midtown Miami when a state judge denied an appeal from the neighborhood opposition in January. But recent reports have surfaced claiming Walmart’s construction permit…
Palm Beach County received three major comprehensive plan zoning applications, including a proposal for a mixed-use project west of Boca Raton. All of these comprehensive plan amendments are scheduled for a first hearing on Sept. 9, followed by a county commission vote on Oct. 26. All of them are in unincorporated western areas of the…
A Coral Gables firm ranked No. 1 on the South Florida Business Journal’s list of architecture firms. The firm earned the top spot based on its South Florida gross architectural billings of $72.81 million. To see who topped the list, click through the photo gallery included with this post. Newcomers to the list include Gensler,…
Miami-based Atlantic Pacific Companies and Blue Arch Advisors closed a $120 million fund to acquire multifamily properties in the Southeast and Southwest U.S. Greg Ward, a managing partner at Atlantic Pacific, said the money was raised by small pension funds, insurance companies, high-net-worth individuals and principals of his company. Atlantic Pacific would manage the acquired…
When clients of commercial real estate firm Transwestern move into new space – or spaces – how can they know over time that their real estate is delivering a suitable return on investment? How can they be sure expenses related to rent and occupancy are being maximized across their portfolios, or that they’re not overlooking…