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Category Archives: Location

Flexible Office Membership may become the next normal after Covid 19 Quarantine

Should Flexible Office Leasing become Miami’s Ne...

Miami, Florida Commercial Real Estate Agent Kevin Albert Krueger /July 1, 2020 Since Spring 2020’s invasion of Covid 19 and Dade-County Government’s quarantine, navigating Miami’s real estate market has challenged many office managers’ long term decision making for operating their otherwise stable businesses.  With this blog our office brokerage seeks to educate and advise Miami office tenants about smart commercial real estate solutions throughout Miami-Dade. …

jungle Island

Jungle Island To Ask Miami To Approve Hotel Developmen...

The owners of Jungle Island want to build a family-friendly hotel at the Watson Island theme park On May 24, park owner ESJ Capital Partners will ask the Miami City Commission to put a referendum on the August ballot that would ask voters to approve the development of a hotel of up to 130 feet tall with up to 300 rooms. would include an …

Real Estate Group and Block Capital

South Florida’s Land-Constrained Industrial Mark...

Miami’s average industrial asking rents reached an all-time high, $9 per SF, in Q4, according to CBRE, jumping nearly 50% in five years. Smith recently led the team representing NBC Universal/Telemundo Enterprises in securing 550K SF for 20 years for a headquarters, which includes production studio space, that opened this month in western Miami Dade. In Broward County, the market is almost as tight as …

South Florida commercial real estate broker

WeWork Documents Reveal It Owes $18 Billion In Rent An...

The office-leasing startup WeWork plans to raise more funding through a $500 million bond sale, according to the Financial Times. It’s the first time the company is raising money from debt investors after it raised billions in venture capital from backers such as SoftBank. WeWork disclosed startling underlying numbers for its business in its bond-sale documents, such as that it owes $18 billion in …

Real Estate Group and Block Capital

Related Group and Block Capital Break Ground On Micro ...

The five-story project at 51 N.W. 26th Street highlights two trends. A redevelopment wave in Wynwood thanks to new zoning, so more apartments and offices are coming to the district known for its street art and restaurants. Wynwood’s popularity has driven up land prices, so many developers have responded by introducing micro units. The Bradley will have 175 apartments, about 32,000 square feet of …

Miami Real Estate

Miami Boasts Less Retail Space Availability Than New Y...

The demand comes with one of the fastest-growing rental rates in the past five years, a CBRE report finds For years, Miami has been working to grow, attract investment and claim its spot among the big metropolitan players like New York and Los Angeles from tech to real estate. Ana Barcelo, CBRE’s first vice president and high-street retail expert in Miami says, “The rental rates have …

Cover Story: Mixed-Use Zoning Key To Cypress CreekR...

Fort Lauderdale’s Cypress Creek area is one of South Florida’s largest business districts, yet its office market hasn’t bounced back as strongly as others in the region. A proposed zoning change could transform the office district into a vibrant neighborhood with a multitude of housing, dining and entertainment options. As South Florida’s eighth-largest office market, and the second-largest in Broward County, Cypress Creek is …

82-Story Tower Could Replace Marriott-branded Hotel In...

The Marriott-branded Courtyard Miami Downtown hotel could be replaced by an 82-story mixed-use tower. The property currently has a 13-story, 231-room hotel that was built in 1975, which would be demolished. AVR Realty wants to build a 1.53 million-SF tower that would rise 898 feet. It would feature 637 residential units, 266 hotel rooms, about 25,500 square feet of convention and meeting space within the …

Crocker And Rialto Acquire 1.8M-Square-Foot Office Cam...

Rialto is the commercial real estate management arm of Miami-based Lennar Corp. Crocker Partners, Rialto Capital and Siguler Guff formed a joint venture that acquired the Boca Raton Innovation Campus, a 1.8 million-SF office campus known as where IBM created the personal computer. The managing members of Boca T-Rex Borrower, the entity that owns the property, were recently changed to executives with Rialto when …

The Citadel Food Hall In Little Haiti Ramps Up For 201...

It will have up to 22 F&B tenants ranging from 100 SF to 400 SF The Citadel, a 62,000-SF mixed-use building at 8300 Northeast Second Avenue, just signed leases with Stanzione 87, Bianco Gelato and Smashing Avo’s. The food hall will take up about one-third of the building, with the rest going to Entercome Communications Corp. The food hall will have up to 22 food and beverage tenants ranging from …