If you haven’t heard about the downtown Miami construction boom, then you’re likely from out of town. But anyone living or working near Miami’s bustling Brickell area can attest to the building boom by the number of cranes they have to circumvent and the dust collected on their vehicles. And while the construction may be…
Medellín, Colombia was No. 3 on the list (Credit: Seth Pipkin) What do Cali, Colombia; Granada, Nicaragua; and Medellín, Colombia all have in common? They top the list of the best cities for real estate investment in Latin America, according to the results of a new survey from Live and Invest Overseas. The survey looked at prices…
Construction cranes South Florida residential developers were hesitant to open their checkbooks for construction contracts at the end of 2015, but a newly released report shows spending on such contracts has picked up again in January. Roughly $587.6 million was spent on residential construction contracts during the first month of 2016, according to a newly…
Taco Rico’s regulars in Miami Beach will soon have a change of scenery. The 24-year-old Tex-Mex chain is relocating its Miami Beach unit to a 1,238 square-foot space at 409 – 411 15th Street, and expects to reopen it in August. The restaurant’s Miami Beach store has been open since 2006 and is still operating,…
Lufthansa, Europe’s largest airline, has leased space at the Port 95 Business Center in Dania Beach. Cushman & Wakefield’s Christopher Metzger, Richard F. Etner, Christopher Thomson and Matthew G. McAllister represented landlord MSG Port 95 LLC in leasing 19,913 square feet to the airline. The space will be used for aircraft component services, including the…
2994 North Miami Avenue A warehouse across from the Shops at Midtown sold for $6.5 million, records show. The 25,300-square-foot property at 2994 North Miami Avenue is split into three parcels that include a 7,554-square-foot warehouse. The seller, 2994 North Miami Avenue Inc., sold the lots to 2994 NMA Gateway Properties LLC, an entity controlled…
Port 95 Business Center Europe’s largest airliner has just landed in Dania Beach. Lufthansa inked a lease for industrial space at the Port 95 Business Center, where it will house its machine and tech services division. The lease is for 19,913 square feet of space at the newly built distribution center and warehouse, Cushman &…
194 Northwest 24th Street in Wynwood After buying a retail block along Wynwood’s Northwest Second Avenue, New York-based JSRE Acquisitions has acquired an adjacent building for $5.65 million. County records show the 4,131-square-foot warehouse at 194 Northwest 24th Street traded hands for $1,367 per square foot. Trendy Properties LLC sold the property to 194-196 Wynwood LLC,…
Giralda Place, a mixed-use project featuring condos, offices and retail, will break ground in Coral Gables on April 1. Giralda PB LLC, headed by Heidi Eckes-Chantré, Kim Tabet and Christopher Brown, is building the project with two new buildings at 2222 Ponce de Leon Blvd., on the corner of Giralda Avenue. It will feature 33…