RelatedISG president Alex Vidal and the Wise Realtors team RelatedISG International Realty acquired Wise Realtors, a Wynwood-based brokerage, as it continues to expand in South Florida. Wise Realtors, founded by Julio Ospina and Jorge Llano, will bring its 19-person team to RelatedISG, a joint venture between the Related Group and ISGWorld. The Wynwood firm, which…
Three bank branch buildings in Broward County changed hands as part of a national portfolio sale between Gramercy Property Trust and Pontus Capital. The three transactions in Broward County between First States Investors 6000D, an affiliate of New York-based Gramercy Property Trust (NYSE: GPT), and Pontus Vault Portfolio, an affiliate of Pontus Capital in La…
A Chicago-based real estate firm acquired a retail building in the heart of Miami’s Coconut Grove for $23 million. RKF Managing Director Benjamin Mandell said he represented L3 Capital in the acquisition of the 28,731-square-foot retail building at 3034 Grand Ave. from Grove Corner LLC, managed by Peter Gardner. The deal equates to $801 per…
Broward County While industrial real estate might not share the glamour of high-rise offices and condos, warehouses and distribution centers play a huge part in the expansion of a region’s economy. In South Florida’s three counties, the industrial real estate market continues to tighten as vacancies drop across the board and rental rates gradually climb,…
A Pembroke Pines office center ranked first on the South Florida Business Journal’s list of executive office suite centers. The office center earned the top spot based on its 96,996 total rentable square footage. To see who else topped the list, click through the photo gallery included with this post. The complete executive office suite…
Rank Center / Prior (*Not ranked in 2015) / URL Total rentable sq. ft. No. of suites Suite size range sq. ft. Monthly rental range Building type Leasing company 1 Pembroke Pines Professional Suites, 9050 Pines Blvd., Pembroke Pines, FL 33024, 954-613-4204, pppc.adlergroup.com 96996 45 57 – 518 285 – 1380 A Adler Realty Services…
• South American concept Quinto La Huella will open May 23 at EAST, Miami, within Brickell City Centre. The restaurant will feature wood-fire ovens, a sushi counter highlighting Florida’s coastline, and outdoor dining. (305) 712-7000 or www.quintolahuella.com. • Latino Envios, at 5321 N. State Road 7 in Tamarac, has signed on with U-Haul to offer…
When Florida East Coast Industries announced a few years ago that it would build two office buildings as part of its passenger rail station in downtown Miami, the prospects for landing tenants were uncertain because the office market was just bouncing back. But about a year before Two MiamiCentral is slated to open, the project…
Six centers are new to this year’s list of executive office suite centers. One of them, Pembroke Pines Professional Suites, came out on top. The 25 listed centers have a total of 697,346 rentable square feet distrubuted among 1,742 suites. Monthly rents range from $249 to $14,000. The majority of the centers listed offer flexible…