The first floor of the 12000 Biscayne Building near North Miami is being converted into a retail space, and three tenants have already been signed. Gadinsky Real Estate’s Seth Gadinsky and Justin Schultz represented the landlord in signing the leases: 2,040 square feet for Starbucks, 3,500 square feet for Mattress Firm and 1,251 square feet…
DetailsThe Northbridge Tower office building in downtown West Palm Beach and its neighboring Northbridge Pavilion were sold for $68.24 million. Dallas-based Gaedeke Holdings sold the office buildings to 515 N. Flagler Drive Owner, which is managed by Greenfield Partners in Westport, Connecticut and Crocker Partners in Boca Raton. The buyer secured a $56.75 million loan…
DetailsThree parcels on the end of a block in Miami’s Wynwood neighborhood sold for $35.35 million, as the seller made an astounding 1514 percent gain in four years. That skyrocketing property value is a sign of how much investors have focused on Wynwood as it gains traction as an arts, entertainment and restaurant district. The…
Details2301 Northwest Second Avenue New York-based JSRE Acquisitions just paid $35 million for an entire retail block along Northwest Second Avenue in Miami’s red hot Wynwood, The Real Deal has learned. The purchase includes three buildings at 2301 Northwest Second Avenue, 2315 Northwest Second Avenue and 198 Northwest 24th Street, sources told TRD. The property…
DetailsOn Tuesday, International Women’s Day, the world celebrated the accomplishments of women and pledged to meet challenges they still face. The United Nations chose the theme of parity this year. It’s too easy to point out the inequities that leave women lagging in pay, promotion and legal status. It was also too easy for prominent…
DetailsA Jupiter nursing home was sold to a New Jersey company for $12 million. Courtyard Gardens Rehabilitation Center, managed by George Peck in Jupiter, sold the 120-bed facility at 17781 Thelma Ave. to Jupiter Gardens Property, which is based in Englewood Cliffs, New Jersey and managed by Mark Friedman and Neal Einhorn. The buyer secured…
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Palm Beach billionaire Jeff Greene and wife Mei Sze plan to open a K-8 school for high-performing students in West Palm Beach. Greene invests in real estate nationwide and has recently been acquiring property for development around West Palm Beach. He has pending development applications for major mixed-use and residential projects in the city. Greene…
DetailsA 110-ton crane being used to construct All Aboard Florida’s West Palm Beach station toppled over Friday afternoon. No one was injured. The 130-foot crane fell behind a fence in the 500 block of Evernia Street, just north of Fern Street and east of South Rosemary Avenue, the Palm Beach Post reports. The accident happened…
DetailsAerial shot of Brickell City Center under construction As vacancies continue to evaporate at downtown Miami and Brickell office buildings, asking rents in both those submarkets are within touching distance of their peaks before the real estate crash, according to a new report. When the Brickell office market was at its most expensive levels in…
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