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Office Depot CEO plunks down $3.7M for Boca Raton pad

From left: Ronald Smith and 1356 Sabal Palm Drive in Boca Raton Since Office Depot is remaining at its Boca Raton headquarters, CEO Ronald Smith has decided to kick off his shoes and stay awhile. Smith...

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Today’s priciest listing: $3.5M

Clockwise fom left: bedroom, balcony and pool at 17885 Collins Avenue Today’s most expensive home to hit the South Florida market is a recently upgraded high-floor condominium in Sunny Isles Beach...

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Top stories

Top stories yesterday on The Real Deal: 1. Beckham’s stadium clashes with PortMiami plan 2. Yacht show coming to Watson Island 3. Final Renzi property auctioned off for $4.2M

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Spanish investor snags Brickell-area property

A company tied to Spanish investor MDR Americana has acquired a Brickell-area property for $10.5 million, The Real Deal has learned. Brickell Land Ventures, which shares a mailing address with MDR’s...

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Ram building Boca Raton apartments

Mark at CityScape rendering Ram Realty Services is constructing a 208-unit apartment building in Boca Raton. The Palm Beach Gardens-based company hopes to complete the Mark at CityScape by early 2015,...

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Developer cleared of lobbying law violations

Robert Wennett and Jonah Wolfson A member of the development team awarded the $1 billion Miami Beach Convention Center redevelopment that has since been scrapped did not violate city lobbying laws....

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Industrial construction returns to PB County

Vista Business Park The Palm Beach County industrial market has improved enough to justify new construction. Vacancies in the county dropped from 8.3 percent at the end of 2012 to 7.3 percent at the...

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Miami Beach declares rising tide ‘emergency’ as condo developers propose 21...

Miami Beach flooding Miami Beach has officially declared an emergency in hopes of better dealing with issues related to rising sea levels. There are 21 new condo towers proposed for the barrier island...

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Pricey land grabs point to a healthy Palm Beach County market

From left: Rendering of proposed development for Vavrus Ranch and the Briger tract Palm Beach County has had several expensive land deals lately, a sign of strength in its real estate market....

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Boca Raton hospital adds property for $1.7M

Boca Raton Regional Hospital The non-profit Boca Raton Regional Hospital has swallowed up a 4,084-square-foot building on the edge its parking lot, plunking down $1.7 million to Signet Real Estate...

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Hialeah neighbors oppose $20M Miami Lakes project

7000 West 12th Avenue, Miami Lakes A $20 million mixed-use complex a Miami Lakes doctor has planned is getting some pushback from Hialeah neighbors concerned the 10-story development will increase...

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Today’s priciest listing: $6.9M

735 North Lake Way, Palm Beach Allison Wren of Corcoran has the listing for the most expensive home to hit the South Florida market today, a Palm Beach pad priced just under $7 million. The 5-bedroom,...

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Top stories

Top stories yesterday on The Real Deal: 1. Beckham’s stadium clashes with PortMiami plan 2. Miami Beach declares rising tide ‘emergency’ as condo developers propose 21 towers 3. Final Renzi property...

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Local governments want vacation rental control

Vacation rental home in South Walton, Florida. The Florida Legislature could cede some authority over vacation rentals, a popular option for seasonal visitors to South Florida. Local governments have...

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Airport City proposals face commissioner vote

Airport City rendering Miami-Dade commissioners are set to vote today on two proposals for the Airport City mixed-use development at Miami International Airport’s entrance. Commissioner Dennis Moss has...

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HoJo’s razed to make way for luxury condo

Paramount Fort Lauderdale Beach rendering The former Howard Johnson’s hotel on Fort Lauderdale Beach has been demolished to make way for the luxury Paramount Fort Lauderdale Beach condo project....

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Lennar projects housing market shift in 2014

Lennar’s Stuart Miller One of the leading homebuilders in the nation expects South Florida’s housing market to shift from steady growth to stabilization. Miami-based Lennar enjoyed gains in revenues...

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SoFla active listings near 42K for the week

South Florida housing inventory (Credit: Condo Vultures) Active listings for housing inventory in the South Florida region rose last week to 41,837, according to weekly data from Condo Vultures. For...

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Investor sues partners over Hialeah property refi

Palmetto Gardens Industrial Park A Palmetto Gardens Industrial Park investor has sued his partners in the Hialeah property, claiming they conspired to use the park as collateral for other investments...

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A look at Related Group’s New River Yacht Club second phase renderings,...

Rendering of an All Aboard Florida train arriving into station 1. A look at Related Group’s New River Yacht Club renderings [Curbed] 2. Could statewide rail hurt Miami’s tourism industry [South Florida...

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