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Author Archives: GH.Writer

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Co-working provider signs huge lease at Brickell City Centre

Real Estate NewsBy GH.WriterAugust 31, 2016

Co-working space provider WeWork will occupy 62,000 square feet of Brickell City Centre’s second new office building in Miami. The New York-based company signed a lease for four of the 12 floors at Two Brickell City Centre, which will total 130,000 square feet and is currently under construction. This will be WeWork’s third location in…

County to consider new Wawa off Interstate 95

Real Estate NewsBy GH.WriterAugust 31, 2016

Wawa could secure another new South Florida location, this one right off Interstate 95 near Lantana. The Palm Beach County Zoning Commission will consider plans for the Hypoluxo Shoppes, which include a Wawa gas station, convenience store and restaurants, on Sept. 1. The project would be at 1965 Hypoluxo Road, just west of Interstate 95.…

Related Group among developers seeking $168M in affordable housing funds

Real Estate NewsBy GH.WriterAugust 31, 2016

The Miami-Dade County Commission will consider approving $168.3 million in bonds for six affordable housing developers at its Sept. 7 meeting. Each of these tax-exempt bonds would be issued by the Housing Finance Authority of Miami-Dade County. The developers, not the county, would be responsible for repaying the loans. However, the units must be income-restricted.…

Could Amazon be seeking incentives for a $198M facility and 1,000 jobs in South Florida?

Real Estate NewsBy GH.WriterAugust 31, 2016

A confidential company that could be Amazon.com is seeking $1.5 million in county and state job growth incentives to build a $198 million high-tech fulfillment center in Opa-locka. The project would create 1,000 jobs, although only 500 of them would have wages high enough to meet the criteria of the Qualified Target Industries program for…

4 tips to consider when negotiating leases

Real Estate NewsBy GH.WriterAugust 31, 2016

Most business owners I know are really good at what they do. They are also usually great negotiators in their industries. But they aren’t always aware of the impact of negotiation when it comes to securing commercial real estate leases for their own businesses, including extensions and renewals. I can’t tell you how many times…

Jewish Federation buys office building from Suffolk Construction

Real Estate NewsBy GH.WriterAugust 30, 2016

The Jewish Federation of Palm Beach County acquired a West Palm Beach office building from Suffolk Construction for $10.7 million. One Harvard Circle LLC, an affiliate of the Boston-based general contractor, sold the 44,746-square-foot office building at One Harvard Circle to the non-profit Jewish Federation, which has its main campus less than a mile away.…

Related Group, 13th Floor and Key International to break ground on condo-hotel

Real Estate NewsBy GH.WriterAugust 30, 2016

The Hyde Beach House condo and condo-hotel project by the Related Group, 13th Floor Investments and Key International is slated to break ground Sept. 6 in Hollywood. Related Group Chairman and CEO Jorge Pérez and Sam Nazarian of sbe, the hospitality company that will manage the hotel and restaurant, will headline the event at 6…

Toyota dealership plans $25M redevelopment, expansion

Real Estate NewsBy GH.WriterAugust 30, 2016

Craig Zinn Automotive Group wants to redevelop and expand its Toyota of Hollywood dealership. The city’s Technical Advisory Committee will consider the application by Triangle Auto Center, a subsidiary of Craig Zinn Automotive, on Sept. 6. The application said the project would cost $25 million. Toyota of Hollywood is currently in a 51,237-square-foot building at…

Apartment complex sells for $37M, a 32% gain in three years

Real Estate NewsBy GH.WriterAugust 29, 2016

The Quiet Waters at Coquina Lakes apartment complex in Deerfield Beach sold for $36.5 million, a 32 percent gain from its last trade three years ago. Fairfield Quiet Waters, an affiliate of San Diego-based Fairfield Residential, sold the 200-unit apartment complex at 11 to 91 N.W. 45th Ave. to Scully Quiet Waters, an affiliate of…

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