RelatedISG acquires Wynwood-based brokerage

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…

Retail building in Miami’s Coconut Grove sold

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…

South Florida’s industrial markets continue tightening in Q1: Avison Young

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,…

The List: Executive Office Suite Centers

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…

Executive Office Suite Centers

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…

News in brief

• 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…