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West Palm Beach’s First Baptist Church sells Chapel by the Lake for $23 million
A group of developers has paid $23 million for the Chapel by the Lake property in West Palm Beach, the Palm Beach Post reported. The property, which is owned by the First Baptist Church, is envisioned...
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CityPlace adding restaurant tenants
West Palm Beach’s CityPlace mixed-use complex has signed four new eateries, the Palm Beach Post reported. The new restaurants include Pampas Grille, Mojito Latin Cuisine & Bar, Mellow Mushroom and...
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Multi-family construction booms in sellers’ markets
Multi-family housing developers have benefitted from the recession and a tight lending climate, but rentals are often being constructed in areas with strong seller’s markets, according to apartment...
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Underwriter warns of new short sale scam
Florida’s largest title insurance underwriter, Attorney’s Title Fund Services, has issued an alert to homeowners and title insurance companies warning of fake Bank of America short sale approval...
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Surprise $55M proposal keeps Coconut Grove Playhouse in limbo
The long closed and debt-ridden Coconut Grove Playhouse was finally on the verge of public ownership when a $55 million development proposal from one of the theater’s creditors stalled the process, the...
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Greenacres councilman brings foreclosure registration fees to agenda, again
Greenacres’ City Council will consider a foreclosure registration program proposed by Councilman Jonathan Pearce today, according to the Palm Beach Post. Pearce originally proposed the measure that...
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Today’s priciest new listing
Today’s priciest new listing is a nine-bedroom, nine-bathroom, 8,699-square-foot single-family house that is asking $17 million, according to Condo Vultures. The waterfront house, which is located at...
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Gables’ Santona Corner lists for $17 million
The Santona Corner mixed-use building in Coral Gables has been listed for sale at $17.2 million, according Marcus & Millichap, which has the exclusive listing on the property. The price on the...
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Stephane’s opens in Boca Raton
French eatery Stephane’s has opened its doors at Arvida Executive Center in Boca Raton, according to Eater. The 10,000-square-foot restaurant, which is helmed by John Belleme, is located at 2006 NW...
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Waterfront lot sells for $10M in Coral Gables
A 3.5-acre waterfront parcel at 8525 Old Cutler Road in Coral Gables has sold for $10.05 million, according to Esslinger-Wooten-Maxwell’s Zeder Team. The property, which is located in the Gables...
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Marcus & Millichap brokers sale of vacant Pincrest retail building
A vacant retail building in Pinecrest has been sold for $1.05 million, according to Marcus & Millichap, which brokered the deal on behalf of the seller, a Miami-based limited liability company. The...
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Colliers adds tenants at Quadrant Business Center in Deerfield Beach
Colliers International South Florida has completed 100,000 square feet of lease transactions at Quadrant Business Center in Deerfield Beach in the last year. The property, which is located at 350-650...
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Miami-Dade industrial market sees slight rise in vacancy: report
The industrial vacancy rate in Miami rose by half of a percentage point in the second quarter, compared to the same period in 2011, according to a new report from Cushman & Wakefield. The vacancy...
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Wynwood’s Panther Coffee could be heading to Sunset Harbour: report
Wynwood mainstay Panther Coffee is listed as a tenant on a floor plan of the Shops at Sunset Harbour project, according to the Belle Isle Blog. The coffee company is located at 2390 NW 2nd Avenue in...
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Broward office market improving: report
Broward County’s improving economy has helped its office market begin to see a drop in vacancy, according to a second-quarter MarketBeat from Cushman & Wakefield. Office vacancy in the county,...
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Palm Beach home sells for $41.5 million in biggest area transaction in four...
The home at 1473 North Ocean Boulevard in Palm Beach has been sold for $41.5 million, the Palm Beach Daily News reported. That sale would represent the largest in the town since 2008. Arizona-based...
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Melbourne office building unloaded
A 3,293-square-foot office building in Melbourne has been sold to a private investor for $1.15 million, according to Marcus & Millichap. The firm’s Justin West had the exclusive listing on behalf...
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Unsold condo inventory drops to 400 units in Sunny Isles Beach
There are around 400 condominium units that remain unsold from the boom years, according to a new report from Condo Vultures. In the second quarter of 2012, developers unloaded 70 units totaling $39...
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One Sotheby’s adds William Brown in Las Olas
One Sotheby’s International Realty has added William Brown as a real estate agent in the firm’s office in Fort Lauderdale’s Las Olas neighborhood. Brown previously worked with RE/MAX in Washington,...
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Today’s priciest new listing
The priciest new listing is a two-bedroom, three-bathroom condominium at the Bristol Tower in Miami that is asking $2.89 million, according to Condo Vultures. The Miami-Dade County property, which is...
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