Cushman & Wakefield has acquired Gibson Realty, one of the largest commercial property management firms in South Florida. Led by founder and Principal O. Ford Gibson, the Miami-based company currently manages more than 4.1 million square feet of office, industrial and flex space in the region. That portfolio is expected to expand to 5.3 million…
At least five Smashburger restaurants are planned for Broward County over the next four years through a franchise agreement with PCM Food Services LLC. PCM is owned by Jerry Davis, who also owns a Hampton Inn franchise and PeakCM LLC, a commercial construction management company, the Sun Sentinel reports. The new restaurants are part of…
The ground lease on the Lincoln Building, just steps away from Lincoln Road on South Beach, sold for $109.25 million. The ground lease on the 1.76-acre site was sold by 1691 Michigan Ave Investment, an affiliate of American Fund US Investments and HQ Capital Real Estate, to CLPF – Lincoln LLC, an affiliate of real…
Zaha Hadid’s design for Collins Park Place Zaha Hadid’s design of a garage and public plaza in Miami Beach will not be realized after city commissioners rejected the plans for a final time on Wednesday. Aerial of Hadid’s design Hadid, who died unexpectedly on March 31 in Miami Beach, had been involved with the project…
An affiliate of developer Taubco wants to build an office building with ground-floor restaurant space on its headquarters site in Bay Harbor Islands. The six-story building at 9551 E. Bay Harbor Drive, along Indian Creek leading to Biscayne Bay, would total 52,184 square feet and include below-grade robotic parking spaces. The city’s Planning and Zoning…
Miami officials will review two major development proposals, an 80-story residential tower downtown and an elderly affordable housing project. Both projects will go before the city’s Urban Design Review Board on April 20. For the Liquid Lofts project by Charles Sieger, head of Miami Beach-based Sieger Suarez Architects, this is second attempt. In 2015, the…
The Morgan Group paid $16.48 million for an apartment development site in Fort Lauderdale’s Flagler Village, which is booming with new projects. Three companies controlled by Ronald W. Feldman and Cecile Feldman – Putnam Realty, 441 Developers and 441 Partners – sold the 2.9-acre site in three transactions to 400 N.E. Third Avenue LLC, an…
Buenos días, South Florida. A ski resort is tied to an alleged EB-5 scheme. 1. Alleged EB-5 scheme The SEC has charged Key Biscayne resident Ariel Quiros and Vermont resident William Stenger, and related businesses, alleging that the two men misused at least $200 million of more than $350 million raised through the U.S.’s EB-5…
A group of Argentinian developers will break ground on the 6080 Collins Avenue Beach House condo-hotel in Miami Beach on April 18. The 70-unit, six-story project was started by Flavio Rossato of Domus Group and Pablo Hoberman and Alex Rakover of Urbis Real Estate. It was designed by Chisholm Architects and the general contractor is…
South Florida’s Power Leaders in Real Estate truly have transformed the region’s landscape and skyline. They are the developers who turned beachfronts and downtowns into iconic luxury or business destinations; the homebuilders who created neighborhoods out of vast swaths of open lands; the engineers, architects, and planners who maximize use of space; and the commercial…