Regions Southeast | Miami
Mixed-Use in Property Coral Gables Gets a New Owner
Ownership of the 180,000-square-foot Plaza San Remo in Coral Gable has just changed hands, with a German investment group advised by Phoenix Property Co. acquiring the one-year-old retail and medical office condominium property from Venera Holdings.
Seven-Person East Coast Retail Team Joins HFF
Holliday Fenoglio Fowler L.P. has announced that a team of seven capital markets professionals and analysts will join the firm.
Billion-Dollar Sales Team Moves Up at Flamingo South Beach
Miami-area real estate hotshots Eddy Martinez and Roland Ortiz, who recently established full-service real estate brokerage firm Worldwide Development Services, have been promoted to sales directors at the Flamingo South Beach condominium property.
Shops at Boca Grove to Welcome Organic Market
Ada's Natural & Organic Foods Supermarket & Deli will soon have a home at the Shops at Boca Grove, now that it has signed a lease with Woolbright Development to occupy 14,000 square feet at the 77,000-square-foot neighborhood shopping center.
Orlando Sanford International Airport to Join Model Ports Initiative
Orlando Sanford International Airport is one of 20 gateway airports nationwide selected to join the U.S. Customs and Border Protection’s Model Ports Initiative, a joint venture that includes federal agencies, the travel industry, airlines and airport authorities.
Uncertain Future for Historic Miami Hotel
The Royal Palm hotel in South Beach has a great location, but has been a nightmare for investors, according to the Miami Herald.
Miami Office Building Sold for $50M
CBRE Capital Markets has arranged the $50 million sale of One Riverview Square, a class A eight-story office building totaling 147,895 square feet located in Miami, Fla.
Cuhaci & Peterson Architects Win Contract to Design CanAm Retail Centers in North Miami, Brandon, Tampa
 Cuhaci & Peterson Architects, based in Orlando, was recently awarded a contract to design three CanAm retail centers in North Miami, Brandon and Tampa.  CanAm Development is based in Phoenix.
Eaton Vance Snaps Up $50M Miami Office
The 147,900-square-foot office property at 333 Miami Ave. in Miami has been snapped up by Eaton Vance Corp.'s Eaton Vance Management on behalf of an investment fund under its management. The building is valued at approximately $50 million.
Brickell Financial Centre Signs Bilzin Sumberg
Brickell Financial Centre signed law firm Bilzin Sumberg Baena Price & Axelrod L.L.P. to a 10-year lease in its phase one tower.
Fontainebleau Sells Half Ownership in Miami Beach Resort for $375M
Las Vegas-headquartered Fontainebleau Resorts L.L.C. has sold a 50 percent interest in the Fontainebleau Miami Beach resort to Nakheel Hotels, a subsidiary of Dubai-based real estate developer Nakheel. Fontainebleau pocketed $375 million on the deal and with its new partner in tow, will continue the $500 million renovation of the luxury property.
Dadeland Towers Miami-Area Office Portfolio Fetches $41M
Ownership of Dadeland Towers North, a group of three office structures just outside of Miami in the suburban town of Kendall, Fla. has changed hands. The deal leaves Cabot Investment Properties with nearly $41.2 million in exchange for the 244,200-square-foot complex, which was acquired by a joint venture involving Keystone Property Group and Colliers Abood Wood-Fay.
New World Symphony New $150M Home for New World Symphony in Miami Beach Gets Underway
Ground has broken on a sprawling new campus for the Miami Beach-based New World Symphony, also known as America's Orchestral Academy. The new complex, designed by renowned architect Frank Gehry, will cost $150 million to complete.
Island Gardens ING Joins Flagstone in $600M Miami Mixed-Use Development
ING Clarion Partners L.L.C. has joined with Flagstone Property Group on the previously announced $600 million development of Island Gardens, a luxury mixed-use property in Miami. 
alan Downtown Miami Grabs Second-Largest Lease Transaction of 2007
Downtown Miami has snagged yet another large office lease in a submarket that has been relatively quiet in 2007 due to a dearth of available space.
Adler Group to Invest $200M+ in New Business Park at Miami Airport
The Adler Group is planning to spend more than $200 million to develop the Airside International Business Park at Opa-locka Executive Airport near Miami. Preliminary plans call for new FBO facilities, corporate, maintenance and cargo hangars as well as space for retail, offices, warehouses, a hotel and parking. 
danet Miami's Bank of America Tower Grabs $40M+ Early Lease Renewal, Expansion
Law firm Carlton Fields has inked a $40 million-plus, 11-year early lease extension and expansion for 76,900 square feet at Bank of America Tower at International Place in Miami, CPN learned exclusively today.
hh JLL to Market 2 Miami Development Sites
H&H Development and BCTM Development Group L.L.C., in unrelated deals, have retained the Jones Lang LaSalle capital markets group team led by managing directors Jubeen Vaghefi and Jeff Morris to market a pair of Miami development sites.
Shops at Park Square Work Underway on $1B Miami-Area Mixed-Use Project
Park Square at Doral, a mixed-use project in the City of Doral just 12 miles from downtown Miami, is now under construction. Developer Shoma Homes will spend an estimated $1 billion to develop the 24/7 destination, which will serve as growing Doral's town center.
Gateway Center Major Miami, Orlando Office Towers on Sale Block
Nipping on the heels of Stiles Capital Partners and Macquarie Office Trust's $117 million acquisition of SunTrust Financial Center in Tampa last week, Stiles is putting the 420,000-square-foot SunTrust International Center in Miami on the block--a deal that market sources say could fetch between $350 to $375 per foot, for a total upwards of $160 million.
$85M Construction Loan Advances Miami Mixed-Use Project
The development partnership of Beverly Hills-based Canyon Johnson Urban Fund and mFm Construction in Miami have secured an $85 million construction loan from Citi Community Capital for a 395-residence mixed-use development called Morrison in Miami’s Little Havana.
$172M Lined Up for Miami Office Project
The Rilea Group, developer of the 588,000-square-foot 1450 Brickell office tower in Downtown Miami, has scored a $172.5 million construction financing package for the project.
 

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