Market News

You are here:

Home

The Wrap: Office property market posts strong first-quarter growth, Related to break ground on affordable housing in Brickell later this year…and more

Real Estate NewsBy GH.Writer April 5, 2016

Downtown Miami (Credit: Marc Averette) 1. Office property market posts strong first-quarter growth [Wall Street Journal]2. Related to break ground on affordable housing in Brickell later this year [The Next Miami]3. FPL plans expansion of command center in Palm Beach County [SFBJ]4. Accor buys Onefinestay to expand in luxury serviced-homes [Bloomberg]5. Hedge funds dominate Miami-Dade tax…

Details

Overtown CRA says affordable housing is on the rise

Overtown CRABy GH.Writer April 5, 2016

Plaza at the Lyric, All Aboard, Courtside Apartments and Island Living With construction for All Aboard Florida’s MiamiCentral project and Miami Worldcenter underway, the blighted neighborhood of Overtown is poised for a boom during the current real estate cycle. And as gentrification begins to take hold in the area, officials with Miami’s Southeast Overtown/Park West…

Details

Publix pays $13M for building on Miami Beach’s Alton Road

Real Estate NewsBy GH.Writer April 5, 2016

1845 Alton Road and William Crenshaw, CEO of Publix Super Markets Publix has continued its real estate shopping spree into the new year. The grocer giant recently paid $12.85 million for a property on Miami Beach’s booming Alton Road. As first reported by the South Florida Business Journal, county records show the grocery chain bought…

Details

Miami-Dade home prices rise again in February: report

Real Estate NewsBy GH.Writer April 5, 2016

Miami’s Arts & Entertainment District Despite reports pointing at a housing market slowdown, a new report shows home prices in Miami-Dade County grew again in February. The county saw an 8.7 percent appreciation in price year-over-year in February, according to the report from financial research company CoreLogic. Prices also rose by 2.1 percent from January…

Details

Judge approves new teaching hospital in South Florida

Real Estate NewsBy GH.Writer April 5, 2016

HCA Holdings won permission to build a teaching hospital at Nova Southeastern University after prevailing in a legal battle. A Florida administrative law judge rejected the challenges to the project by several Broward County hospital operators and ratified the Agency for Health Care Administration’s approval of the 200-bed hospital in Davie. The company (NYSE: HCA)…

Details

The spring South Florida Market Report is live!

south florida market reportBy GH.Writer April 5, 2016

Change is everywhere in South Florida, from the suburbs of Palm Beach County to the main avenues and street corners of Miami and Miami Beach. Billionaire real estate mogul Jeff Greene, who made a big splash shorting the housing market before it collapsed, told The Real Deal about his plans to go long on West…

Details

FPL plans expansion of command center

Real Estate NewsBy GH.Writer April 5, 2016

FPL filed plans to build a new facility for its workers that support the power grid in Palm Beach County. West Palm Beach’s Plans and Plats Review Committee will consider the application by the Juno Beach-based company, a subsidiary of NextEra Energy (NYSE: NEE) on April 13. FPL already has three buildings for a combined…

Details

South Florida developer breaks ground on major restoration of historic hotel

Real Estate NewsBy GH.Writer April 5, 2016

Fort Lauderdale-based VOS Hospitality will host the official groundbreaking ceremony of its latest hotel project, the Greystone Hotel, on Tuesday. Originally built in 1936, the Greystone Hotel will become a 92-key, 52,000-square-foot boutique property with a 140-seat restaurant on the ground floor, about 6,000 square feet of event space, a basement lounge and a rooftop…

Details

Publix buys Miami Beach property for $13M

Real Estate NewsBy GH.Writer April 5, 2016

Publix Super Markets crossed off another item on its real estate shopping list after paying $12.85 million for a commercial property on Miami Beach. Windsor Investments (Alton Road) LLC, managed by Roland DiGasbarro, sold the 13,694-square-foot building at 1845 Alton Road to Lakeland-based Publix. The deal included the assumption of a lease to Walgreens. The…

Details

Future Office: The Adventures of Hannah and Skip
This post originally appeared on Marketplace Advertiser, Apto Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. Never believe anyone peddling either nostalgia or a certainty about the future. Fiction is the way to go. You get to explore the realm of possibilities and entertain new ideas while still…
May 11, 2017
Top 3 Things to Look for When Renewing Your Lease!
{$excerpt:n}This post originally appeared on tBL member Lynn Drake’s blog Compass-Commercial Blog | Expert Commercial Leasing Advice and is republished with permission. Find out how to syndicate your content with theBrokerList. People tend not to take renewals all that seriously. They see it as simple, thinking they can just call the landlord and get their…
May 11, 2017
3 Ways the Cloud is Changing the Way We Work
{$excerpt:n}This post originally appeared on tBL member ClientLooks’s blog ClientLook and is republished with permission. Find out how to syndicate your content with theBrokerList. 3 Ways the Cloud is Changing the Way We Work The introduction of cloud technology revolutionized the way we used the Internet. Suddenly, all of our important information was backed up and…
May 11, 2017
Amid a Sea of Store Closures, Home-Improvement Retail Thrives
{$excerpt:n}This post originally appeared on Marketplace Partner, VTS Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The home-improvement sector of commercial real estate tends to fluctuate. It is very reliant on the stability of the housing market, which has been a bit shaky for sometime. It can also be…
May 11, 2017
What Does It Take For New Restaurant Owners to Succeed?
{$excerpt:n}This post originally appeared on tBL member Mark Chase’s blog Restaurant Real Estate Advisors Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. As Concordia St. Paul has noted, the commonly held notion that “90% of restaurants fail in the first year” might be a bit exaggerated; the…
May 11, 2017
The 3 Classes of Office Buildings: What Do They Really Mean?
{$excerpt:n}This post originally appeared on Marketplace Partner, VTS Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. When it comes to office space, it’s pretty clear that the glamorous downtown tower with imported Italian marble in the lobby and concierge/valet services is classified as “Class A” in the world of…
May 11, 2017
Why Most Commercial Real Estate Brokers Won’t Ever Become Wealthy
{$excerpt:n}This post originally appeared on tBL Marketplace Partner member The Massimo Group’s Blog The Massimo Group Blog and is republished with permission. Find out how to syndicate your content with theBrokerList. The most common response I hear when I ask why someone decided to pursue a career in commercial real estate, is ‘the money’ –…
May 11, 2017
Grow Commissions Without Prospecting Yourself, Sales Development Representative (SDRs)
{$excerpt:n} Hiring a Sales Development Representative (SDR) The commercial real estate industry is quite competitive especially if you cover a part of town that’s highly urbanized. You have office buildings, warehouse buildings, malls, strip centers, lifestyle centers, manufacturing, and community centers. All brokers are in fierce competition to represent tenants, buyers and property owners in…
May 11, 2017