2008 photo of Miami’s skyline (Credit: Wyn Van Devanter) It’s been a busy first quarter for South Florida’s ever-tightening office markets, according to a newly released report from brokerage CBRE, with hundreds of thousands of square feet being leased out across all three counties. The numbers bode well for a region that’s increasingly marketing itself…
Exterior of 6405 Biscayne Boulevard (Credit: Sean Stewart-Muniz) MiMo developer Alex Karakhanian sold a new retail building, MiMo Place – the future home to Panther Coffee, the Home Design Center of Florida and ‘O Munaciello Pizzeria – for $6.7 million to Key Biscayne investors in an off-market deal. Trifecta MiMo Place LLC, an entity that lists…
Dunham-Bush acquired a 14.7-acre site in the Homestead Park of Commerce, where the company plans to build an air conditioning manufacturing plant that would hire dozens of employees. ComReal Miami’s Ed Redlich and Chris Spear represented Homestead Park LLC, managed by Stephen H. Smith, in the $3.1 million deal for the site at the southwest…
Mainstreet Capital Partners sold the Fort Lauderdale office building where it houses its headquarters, among other tenants, for $10.75 million. RFP Mainstreet 2101 Commercial, an affiliate of Mainstreet Capital Partners led by President Paul J. Kilgallon, sold the five-story office at 2101 W. Commercial Blvd. to NRNS Acquisition 2101 Commercial, managed by Howard S. Dvorkin…
Buenos días, South Florida. When it comes to mixed-use projects, South Florida leans toward “big.” 1. Huge development planned Another massive mixed-use project has snared initial approval in South Florida. The Hallandale Beach City Commission endorsed the Oasis. Pitched by Romagnole Investment Properties, the project would feature 500 residential high-rise units, 200 hotel rooms, 26,489…
Orlando-based Crossman & Co., one of the Southeast’s largest retail leasing, property management and investment sales firms, is opening a new office in Miami. Company President John Crossman noted that South Florida’s economic growth since the recession, combined with an influx of new residents moving into the area, has resulted in a ramp-up of the…
Rank Company / Prior (*Not ranked in 2015) / URL 2015 S. Fla. gross billings 2015 contracts awarded 2015 contracts completed S. Fla. employees S. Fla. offices Top local executive 1 Coastal Construction Group, 5959 Blue Lagoon Drive, Suite 200, Miami, FL 33126, 305-559-4900, coastalconstruction.com 935996687 344100000 29000000 402 2.0 Thomas Murphy Jr. 2 Suffolk…
General contracting business is still doing well in South Florida. The 25 contractors on last year’s list reported $3.58 billion in gross billings. This year, those listed reported $4 billion in total gross billings. However, a slight slowdown can be seen in in the value of contracts awarded. Last year’s total was $4 billion, down…
• Elements Massage opened its fifth South Florida studio at 551 N. Federal Highway, Suite 700, in Fort Lauderdale’s Flagler Village. www.elementsmassage.com/fort-lauderdale or (954) 237-1120. • North Palm Beach-based ImMEDIAcy Public Relations and Jupiter-based QuinnCom Web Design formed a business alliance. www.immediacypublicrelations.com or www.quinncom.net. • NAI Miami negotiated a five-year, 3,064-square-foot retail lease for Orangetheory…
Driving past South Florida’s major urban centers, it might seem that developers are infatuated with Miami, hot on downtown Fort Lauderdale, and ignoring West Palm Beach. That’s no longer the case. It’s true that downtown West Palm Beach doesn’t have the forest of construction cranes its southern neighbors do. The recent real estate boom has…