Regions Southeast | Miami
Orlando Sanford International Airport to Join Model Ports Initiative
May 08, 2008
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.
Miami Office Building Sold for $50M
April 30, 2008
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.
Eaton Vance Snaps Up $50M Miami Office
April 21, 2008
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.
Fontainebleau Sells Half Ownership in Miami Beach Resort for $375M
April 09, 2008
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.
Miami-Area Office Portfolio Fetches $41M
Feb. 21, 2008
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.
Adler Group to Invest $200M+ in New Business Park at Miami Airport
Nov. 08, 2007
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.
JLL to Market 2 Miami Development Sites
Nov. 01, 2007
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.
Work Underway on $1B Miami-Area Mixed-Use Project
Oct. 16, 2007
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.
Major Miami, Orlando Office Towers on Sale Block
Sept. 26, 2007
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
Sept. 10, 2007
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
Aug. 09, 2007
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.
Miami Real Estate Market Secrets Revealed
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