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Category Archives: Real Estate

Boxes moving on a conveyor belt

Commercial Real Estate Solutions for E-Commerce Player...

The Covid-19 crisis has bolstered and expedited the trend of consumers buying anything and everything from groceries, furniture, to pet toys with a click of a button from the phone or computer versus venturing out to the traditional brick and mortar retail establishments. E-commerce is the driver of the Florida commercial industrial real estate market and is continuing to offset the losses from more …

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. …

quarter 1 2020 Industrial Miami Real Estate Market

Post Covid-19 quarantine Miami Industrial Commercial R...

Industrial real estate has been the most corona virus insulated sector across Miami’s commercial real estate market.  Warehouse employees are typically not confined in small places so operations have not been as limited as much as containment as in traditional office workplaces.  There has been a recent shift of industrial product development way from Miami Airport West, Miami’s largest submarket for North Miami Beach …

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 …

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 …

Industrial Market Thriving on High Demand, Limited New...

South Florida’s tight industrial real estate market is setting records as demand rises without much new in the pipeline More than 11.5 million SF of industrial space in South Florida was leased in 2017, pushing down vacancy rates and strengthening the industrial real estate market. With higher rents for stores, retailers hold some of their products in nearby warehouses to significantly reduce their store square …

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 …