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Top stories
Top stories yesterday on The Real Deal: 1. Investors swarm Miami’s Design District 2. Russian oligarch drives up Edgewater land prices 3. Portfolio owner gets $172M in financing
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Miami shopping center trades for $10.1M
Eureka Plaza Major retail owner EDENS sold a Miami shopping center for $10.1 million. Eureka Plaza Group of Miami acquired the 18300 Southwest 137th Avenue center from EDENS, real estate firm HFF...
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Developers head back to court in jet dispute
Craig Robins and Ugo Colombo Prominent Miami developers Craig Robins and Ugo Colombo are slated to head back to court Friday in their six-year-old legal fight over a private jet. An attorney for Robins...
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River Landing developer acquires site, gets loan
Rendering of River Landing’s retail space The developer of River Landing officially acquired the Miami project site and obtained a $38.2 million mortgage, The Real Deal has learned. Andrew Hellinger’s...
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Miramar shopping center trades for $14.6M
Miramar Parkway Plaza entrance The Miramar Parkway Plaza changed hands for $14.6 million. Aventura-based Miramar Plaza Partners acquired the 3102, 3190, 3306 and 3356 South University Drive shopping...
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Morgan Stanley renews, expands at Miami Center
Miami Center Morgan Stanley signed a long-term office lease renewal and expansion at Miami Center in downtown Miami. The transaction brings Miami Center’s occupancy to 90 percent, according to...
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CityPlace Tower hits the market for sale
CityPlace Tower Trophy West Palm Beach office building CityPlace Tower is up for sale. Owner KBS Realty Advisors is testing the market three years after purchasing the building for nearly $127 million,...
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A look at Brickell City Centre’s new website, Ultra organizers respond to...
A rendering of Brickell City Centre 1. A look at Brickell City Centre’s new website [exMiami] 2. Ultra organizers respond to criticism over trampled guard [Miami Herald] 3. Le Parc at Brickell...
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Celine Dion chops asking price on Jupiter home
215 South Beach Road and Celine Dion Singer Celine Dion is slashing the price of her Jupiter mansion by $10 million. Dion had been asking $72.5 million for the home. The 10,000-square-foot house,...
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Affordable housing project to kick off in West Grove
Workers preparing the development site in Coconut Grove By the end of the month, construction will begin on Gibson Plaza, a $15 million apartment project that will be the first significant development...
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Spring 2014 South Florida Market Report is live!
The Real Deal – April 2014 South Florida Market Report The South Florida Market Report is live today as a supplement inside the April issue of The Real Deal. Inside the 70-page section you’ll find a...
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Property off Brickell Avenue fetches $16.8M
86 SW 8th Street in Miami A property off Miami’s Brickell Avenue sold to an Orlando-based developer for $16.8 million. The 28,000-square-foot property, located at 86 Southwest Eighth Street, consists...
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The Real Deal’s April 10 panel on Downtown Miami postponed
A panel scheduled to provide an in-depth look at the development boom in Greater Downtown Miami on April 10 has been indefinitely postponed. The roundtable and party were set to take place at Brickell...
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Toll Brothers to break ground on Boca site
Royal Palm Polo U.S. homebuilding giant Toll Brothers will break ground Friday on Royal Palm Polo, a high-end housing development in Boca Raton on a former polo field. Prices at the 223-home project,...
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Top stories
Top stories yesterday on The Real Deal: 1. Investors swarm Miami’s Design District 2. Developers head back to court in jet dispute 3. Celine Dion chops asking price on Jupiter home
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Architect suggested for convention center renovation
Miami Beach Convention Center The city manager of Miami Beach is recommending Fentress Architects as the designer of renovations to the city’s convention center. After a selection committee ranked...
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Sergio Rok company sells two downtown buildings
Sergio Rok Downtown Miami’s largest commercial property owner shed two of his retail buildings in the area for $11.5 million, The Real Deal has learned. A company managed by Sergio Rok sold the 41 East...
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Florida gambling expansion unlikely this year
It seems Genting and others hoping to open resort casinos in South Florida are going to have to wait at least another year. Florida lawmakers acknowledged the chances are slim for a major gambling...
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Hollywood mall demolition underway
Site of closed Millennium Mall in Hollywood The owner of the former Millennium Mall in Hollywood started demolishing the vacant building to make way for a Wal-Mart Supercenter. Dania Beach-based Dacar...
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Florida borrowers helped through Hardest Hit program
Early returns are coming in for the state’s mortgage reduction program. The average Florida homeowner approved for the program is receiving $41,950 to pay down a home loan, according to the Palm Beach...
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