1840 South Bayshore Lane in Coconut Grove A Venetian-style bayfront estate in Coconut Grove is heading to the auction block on May 18. The 9,947-square-foot mansion, with 30-foot vaulted ceilings, stained glass windows and Jerusalem stone floors with Palladian designs will be open to live bidders for a minimum bid price of $5.6 million after…
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A warehouse complex in Palm Beach Gardens could be redeveloped into an office building and self-storage center. Nuvo Development LLC, an affiliate of Winter Park-based Nuvo Co., filed an application for the project on the 3.4-acre site at 10384 Riverside Drive. The project is scheduled to go before the city’s Development Review Committee on May…
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Remember when the Internet’s biggest proponents began to make bold assertions that brick-and-mortar stores and print magazines would become a thing of the past? In 2016, we beg to differ. In fact, with the International Council of Shopping Centers’ annual RECon convention expected to bring 36,000 attendees to Las Vegas in the next few weeks,…
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2008 photo of Miami’s skyline (Credit: Wyn Van Devanter) It’s been a busy first quarter for South Florida’s ever-tightening office markets, according to a newly released report from brokerage CBRE, with hundreds of thousands of square feet being leased out across all three counties. The numbers bode well for a region that’s increasingly marketing itself…
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Exterior of 6405 Biscayne Boulevard (Credit: Sean Stewart-Muniz) MiMo developer Alex Karakhanian sold a new retail building, MiMo Place – the future home to Panther Coffee, the Home Design Center of Florida and ‘O Munaciello Pizzeria – for $6.7 million to Key Biscayne investors in an off-market deal. Trifecta MiMo Place LLC, an entity that lists…
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Dunham-Bush acquired a 14.7-acre site in the Homestead Park of Commerce, where the company plans to build an air conditioning manufacturing plant that would hire dozens of employees. ComReal Miami’s Ed Redlich and Chris Spear represented Homestead Park LLC, managed by Stephen H. Smith, in the $3.1 million deal for the site at the southwest…
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Mainstreet Capital Partners sold the Fort Lauderdale office building where it houses its headquarters, among other tenants, for $10.75 million. RFP Mainstreet 2101 Commercial, an affiliate of Mainstreet Capital Partners led by President Paul J. Kilgallon, sold the five-story office at 2101 W. Commercial Blvd. to NRNS Acquisition 2101 Commercial, managed by Howard S. Dvorkin…
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Buenos días, South Florida. When it comes to mixed-use projects, South Florida leans toward “big.” 1. Huge development planned Another massive mixed-use project has snared initial approval in South Florida. The Hallandale Beach City Commission endorsed the Oasis. Pitched by Romagnole Investment Properties, the project would feature 500 residential high-rise units, 200 hotel rooms, 26,489…
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Orlando-based Crossman & Co., one of the Southeast’s largest retail leasing, property management and investment sales firms, is opening a new office in Miami. Company President John Crossman noted that South Florida’s economic growth since the recession, combined with an influx of new residents moving into the area, has resulted in a ramp-up of the…
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