Brickell City Centre, the $1.05 billion mixed-use project nearing completion in downtown Miami, will launch a weekly farmers market within the bustling Brickell financial district starting April 17. Miami-based developer Swire Properties is partnering with The Market Company to host Brickell City Centre Farmers Market year-round on Sundays from 11 a.m. to 6 p.m. The…
DetailsDoral officials are reviewing plans by Codina Partners and Lennar Corp. to expand their Downtown Doral project south onto a golf course with thousands more residential units, among other new buildings. Coral Gables developer Armando Codina previously confirmed that he and Miami-based Lennar (NYSE: LEN) have the 130-acre property known as the “White Course” under…
DetailsA June 2011 photo of the downtown Miami skyline (Credit: Marc Averette) and a foreclosure sign South Florida continued to flush out its stockpile of foreclosures during the first quarter, according to a newly released report. Of all the tri-county region’s home mortgages in the first quarter, a total of 9,603 — or about one…
DetailsA 2-2 vote from the Bal Harbour village council Wednesday night has halted expansion plans for Bal Harbour Shops. The $400 million upgrades were expected to have a $127 million economic impact for the village, and would have created a new village hall. Barneys New York would have opened its first flagship store in the…
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Flagler Global Logistics, one of the largest industrial developers in South Florida, recruited David Bouchard as its new president. The company, a subsidiary of Florida East Coast Industries, hired him away from DB Schenker Logistics for the Americas, where he was the CEO of the national logistics service provider with over 8,000 employees. Prior to…
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Miami City Self Storage obtained a $10.79 million construction loan to build its facility in Pembroke Park. Fifth Third Bank awarded the four-year mortgage to Pembroke Park Owners, a subsidiary of MCSS, which is led by Jay Massirman, Stephen Garchick, Steve McBride and David Blum. The general contractor for the 85,000-square-foot self-storage facility with 1,139…
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A Walgreens-leased building in the wealthy Broward County city of Weston sold for $11.24 million. SRA/Weston Shop, managed by Clifford M. Stein in Miami Beach, sold the 15,653-square-foot building at 4473 Weston Road to Harris Realty Weston, managed by Evan A. Harris in Boca Raton. The price equates to $718 per square foot. The deal…
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3900 Alton From the April issue: Miami-Dade is an international hotspot. About 55 percent of the county’s population is foreign-born and it was foreign investors who reenergized Miami’s real estate market following the fall of Lehman Brothers and the ensuing financial crisis. Yet despite the area’s global appeal, most developers have been content until recently with…
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The new Turnpike Park industrial facility in Medley sold for $18.15 million. CH Realty VI-LPC I Miami Turnpike Park, an affiliate of Dallas-based Crow Holdings Capital Real Estate, sold the property at 11500 N.W. 123rd Street to LIT Industrial. The buyer is a Dallas-based private company that owns industrial properties nationwide. The 133,745-square-foot warehouse was…
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