Posted on 10/30/16
Douglas Elliman Adds Maggie Buck As Managing Broker Of Prestigious Miami Beach Offices
Douglas Elliman proudly appoints Maggie Buck, CRB, as Managing Broker of the prestigious firm’s leading Miami Beach offices
Posted on 10/30/16
Jane Bond-Rostron Of Compass South Florida To Host Celebrity Charity Golf Tournament
Frank Rostron Invitational in Naples to benefit Make-A-Wish FoundationCompass, the technology-driven real estate platform that is revitalizing the industry with its ground-breaking approach to property sales . . .
Posted on 10/30/16
Record Breaking Biscyane Point Sale
$2.95M property in Miami Beach, FL closed for potential coverage. The home, located on a bayfront lot with 230 feet of water,
Posted on 10/30/16
Beachwalk Hotel & Condominiums Earns ‘Florida Green’ Certification
Beachwalk Hotel & Condominiums, a 300-unit upscale high-rise resort, is the first building in Hallandale Beach certified as a “Florida Green” High-Rise Residential Building by the . . .
Posted on 10/27/16
Strong Sales Activity and Rent Growth are Highlights of Q3 2016
AmSurg Corp. moved into 167,000 sq. ft. of space in the Plantation submarket.Total market vacancy dropped 170 basis points (bps) to 13.5% from Q3 2015.Bank of . . .
Posted on 10/27/16
Broward Industrial Market Records 10th Consecutive Quarter of Positive Absorption
Net absorption for Q3 2016 was 297,000 sq. ft.Vacancy rate stays below 7% for 8th consecutive quarter closing at 5.4%.The average asking rate for Broward County . . .
Posted on 10/27/16
Broward County Retail Vacancy Continues to Decline
Q3 2016 closed out with a direct vacancy rate of 4.8%.The average asking rental rate was $20.93 NNN.The Broward County retail market experienced over 399,000 sq. . . .
Posted on 10/27/16
Low Vacancy Creates Demand for New Construction
Consumer Sentiment in the state of Florida is up 2.8 points in September to 90.9.In Palm Beach County, 32,100 construction jobs and 17,200 manufacturing jobs currently . . .
Posted on 10/27/16
Vacancy Declines 260 Basis Points Year-over-year
Major drivers including job growth, population growth and tourism, fueled demand for commercial real estate in Palm Beach County.Granite Telecom will expand into 15,800 sq. ft. . . .
Posted on 10/27/16
Lease Rates at a Five-year High
Q3 2016 closed out with a direct vacancy rate of 4.6%.The average asking rental rate was $19.50 NNN.The Palm Beach County retail market experienced over 420,000 . . .
Posted on 10/27/16
Coldwell Banker’s Felise Eber of The Jills® Lists 7845 Atlantic Way in Miami Beach’s North Beach, the Only Single Family Home on the Sand in Miami Beach, for $6.5 Million
Felise Eber of The Jills®, Coldwell Banker’s No. 1 agent team in sales volume worldwide for the fifth consecutive year
Posted on 10/27/16
Cushman & Wakefield Negotiates Record $48M Sale of LeeVista Business Center in Orlando
Cushman & Wakefield announced today that it has negotiated the $47.9 million sale of LeeVista Business Center, a
Posted on 10/27/16
South Florida’s First RH Outlet Opens at Sunset Place
What: South Florida’s first RH (Restoration Hardware) outlet has opened its doors at the Shops at Sunset Place. One of the country’s most recognizable luxury home . . .
Posted on 10/26/16
Miami Resilient Despite Some Challenges
YTD 2016 average daily rate (ADR) at $175.72.Occupancy in H1 2016 at 76.2%. Miami International Airport traffic continues to trend upwards with domestic arrivals increasing to . . .
Posted on 10/26/16
Rents Continue to Rise as Vacancy Reaches a New Low
Q3 2016 closed out with a direct vacancy rate of 2.8%.The average asking rental rate was $33.10 NNN.The Miami retail market experienced over 296,000 sq. ft. . . .
Posted on 10/26/16
Four Years of Positive Net Absorption Pushes Lease Rates Higher
The average asking rate in Q3 2016 was $8.70 per sq. ft. This rate represents a $0.09 increase quarter-over-quarter and a $0.52 increase year-over-year.The average sale . . .
Posted on 10/26/16
Tenants Compete for Premium Space Driving Rents Higher
Vacancy declined to 11.9% in Q3 2016, a reduction of 40 basis points (bps) quarter-over-quarter and 120 bps year-over-year.Q3 2016 net absorption was 193,222 sq. ft., . . .
Posted on 10/26/16
HFF Arranges $17.062 Million Financing for Carillon Point in St. Petersburg, Florida
Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $17.062 million in financing for Carillon Point, a 124,178-square-foot, Class A office building in Carillon . . .
Posted on 10/26/16
HFF Arranges $15.2 Million Financing for 110-unit Student Housing Community in Oviedo, Florida
Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged $15.2 million in financing for Riverwind at Alafaya Trail Apartments, a 110-unit/436-bed student housing community . . .
Posted on 10/26/16
Marcus & Millichap National Hospitality Group/Kabani Hotel Group Luncheon Event 10/27/2016
WHAT: Marcus & Millichap National Hospitality Group/Kabani Hotel Group Luncheon EventWHEN: Thursday, October 27, 2016 from 11:30 a.m. to 2:00 p.m.WHERE: Hilton Miami Airport Hotel, 5101 . . .
Posted on 10/26/16
Hunt Mortgage Group Opens a New Office in Tampa, Florida
NEW YORK, Oct. 26, 2016 (GLOBE NEWSWIRE) -- Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it opened . . .
Posted on 10/26/16
Nov. 10: Sanford Herrick to Speak at MAREJ’s 3rd Annual N.J. Real Estate Capital Markets Summit
Sanford Herrick, founder and managing principal of Case Real Estate Capital, LLC (Case), will participate on the panel for
Posted on 10/26/16
KLX’s Aerospace Solutions Group Signs Lease For New Global Headquarters In Miami, FL
KLX Inc.’s Aerospace Solutions Group, the world’s leading distributor and value added service provider of aerospace fasteners and consumables, announced it has signed a build-to-suit lease . . .
Posted on 10/26/16
The Hampshire Companies Sell 85,078-Square-Foot Mission Hills Shopping Center in Naples, Fla.
The Hampshire Companies, a full service, private real estate investment firm, announces the sale of the 85,078-square-foot Mission Hills Shopping Center in Naples, Florida to Phillips . . .
Posted on 10/26/16
Home Financing Center Names Mortgage Lending Executive Steven Schneider As Mortgage Banker
Home Financing Center, the largest independent, locally-owned mortgage lender in South Florida, has named mortgage
South Florida
