Ugo Colombo’s CMC Group released new renderings of Brickell Flatiron, a 549-unit condo tower under construction in the Brickell neighborhood. Colombo broke ground on the 64-story building earlier this month with more than half of its units sold. Brickell Flatiron, at 1001 South Miami Avenue in Miami, is the last to break ground in the…
Two Broward County health care institutions closed a deal Wednesday for two land parcels. The March 23 deed shows that Holy Cross Hospital sold the properties to the Shores Behavioral Hospital for $11 million. The two properties are the North Ridge Medical Center at 5757 Dixie Hwy., and a Holy Cross Hospital parcel at 951…
The building at 1609 Alton Road Sutton Equity, a family-run firm of retail investors based in New York, just paid $8.65 million for a mid-century building on Miami Beach’s Alton Road. In an email to The Real Deal, the firm’s CEO Jesse Sutton confirmed he had purchased the 8,700-square-foot building at 1609 Alton Road. The…
1. Miami has 7th worst traffic in the U.S. [Fox News]
2. All Aboard’s Brightline reaches new construction milestone [Palm Beach Post]
3. Steelers’ Antonio Brown pays $6.6 million for Hollywood home [Sun Sentinel]
4. U.S. new-home sales rose 2% in February [Wall Street Journal]
— Sean Stewart-Muniz
Rendering of 1698 Alton Road project (Credit: The Next Miami) Turnberry Associates and Elion Partners have submitted plans for a new five-story project on Miami Beach’s ever-changing Alton Road. The proposal, first reported by the Next Miami, includes a mixed-use building with 28,142 square feet of ground-floor retail, a parking garage with 204 spaces and…
The Compass office at 605 Lincoln Road Compass’ new Miami Beach digs at 605 Lincoln Road have returned to the market, this time with a listing price and a new lead brokerage firm. Ben Silver, Richard Niewiadomski, Doug Mandel Marcus & Millichap’s Richard A. Niewiadomski, Douglas K. Mandel and Benjamin H. Silver are the exclusive listing agents…
Miami, Colombia flag and Master Brokers Forum “South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. The votes are in … the ballots have been counted … and the winner is … Colombia? While our city was focused on a very different type of…
A proposed rendering of 560 and 566 Northwest 29th Street in Wynwood A company controlled by Tony Cho sold two properties in Wynwood for $6.1 million, more than triple the last sale price in 2014. County records show Wyn 560 LLC, which is controlled by Cho, sold the buildings at 560 and 566 Northwest 29th Street…
Class-A office space in Palm Beach Gardens recently traded for $30.05 million, the South Florida Business Journal has learned. Corporate Center at the Gardens, a 113,565-square-foot, two-building office campus at 4200-4400 Northcorp Parkway sold for $264 per square foot to New York City’s Alchemy-ABR Investment Partners and local company Breakers Capital Partners. The 6.2-acre property…