1845 Alton Road and William Crenshaw, CEO of Publix Super Markets Publix has continued its real estate shopping spree into the new year. The grocer giant recently paid $12.85 million for a property on Miami Beach’s booming Alton Road. As first reported by the South Florida Business Journal, county records show the grocery chain bought…
Miami’s Arts & Entertainment District Despite reports pointing at a housing market slowdown, a new report shows home prices in Miami-Dade County grew again in February. The county saw an 8.7 percent appreciation in price year-over-year in February, according to the report from financial research company CoreLogic. Prices also rose by 2.1 percent from January…
HCA Holdings won permission to build a teaching hospital at Nova Southeastern University after prevailing in a legal battle. A Florida administrative law judge rejected the challenges to the project by several Broward County hospital operators and ratified the Agency for Health Care Administration’s approval of the 200-bed hospital in Davie. The company (NYSE: HCA)…
Change is everywhere in South Florida, from the suburbs of Palm Beach County to the main avenues and street corners of Miami and Miami Beach. Billionaire real estate mogul Jeff Greene, who made a big splash shorting the housing market before it collapsed, told The Real Deal about his plans to go long on West…
FPL filed plans to build a new facility for its workers that support the power grid in Palm Beach County. West Palm Beach’s Plans and Plats Review Committee will consider the application by the Juno Beach-based company, a subsidiary of NextEra Energy (NYSE: NEE) on April 13. FPL already has three buildings for a combined…
Fort Lauderdale-based VOS Hospitality will host the official groundbreaking ceremony of its latest hotel project, the Greystone Hotel, on Tuesday. Originally built in 1936, the Greystone Hotel will become a 92-key, 52,000-square-foot boutique property with a 140-seat restaurant on the ground floor, about 6,000 square feet of event space, a basement lounge and a rooftop…
Publix Super Markets crossed off another item on its real estate shopping list after paying $12.85 million for a commercial property on Miami Beach. Windsor Investments (Alton Road) LLC, managed by Roland DiGasbarro, sold the 13,694-square-foot building at 1845 Alton Road to Lakeland-based Publix. The deal included the assumption of a lease to Walgreens. The…
Bobby and Barbara Campbell donated $5 million to Florida Atlantic University’s athletic program. The family that founded shoe manufacturer and wholesaler BBC International will be the namesake of the Bobby and Barbara Campbell Academic Success Center, which will be within the Schmidt Family Complex of Academic and Athletic Excellence. The 12,000-square-foot facility will include tutoring…
CenterState Bank of Florida will close six of the 13 branches it recently acquired in southern Miami-Dade County. The Winter Haven-based bank (NASDAQ: CSFL) closed on the acquisitions of Community Bank of Florida and 1st National Bank of South Florida, both of Homestead, early this year. That gave it 13 new branches in the southern…
An affiliate of investment titan Blackstone Group paid $78.5 million for a Costco-anchored shopping center in Royal Palm Beach. The Centre on Southern, managed by Richard D. Gertz in Wellington, sold the 343,009-square-foot retail center at 11001 Southern Blvd. to BPP Southern Palm LLC, an affiliate of New York-based Blackstone (NYSE: BX). U.S. Bank provided…