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Developers plan pair of new Miami Beach towers
Miami Beach’s new construction is continuing with a pair of newly-proposed towers, according to a report from brokerage and consultancy Condo Vultures. The condo towers include the Deauville Hotel...
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Colliers Int’l tapped to lease 470,000-square-foot Crown Center in Fort...
Colliers International South Florida has been named the exclusive leasing agent for the 470,000-square-foot Crown Center office campus at 1201-1475 W Cypress Creek Road in Fort Lauderdale. The...
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Today’s priciest new listing
Today’s priciest new listing is a four-bedroom, four-bathroom, 2,860-square-foot condo in the Carbonell that is asking $1.9 million, according to Condo Vultures. The waterfront house, which is located...
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Gap signs lease for temporary space off Lincoln Rd.
Clothing retailer The Gap has signed a lease for temporary space off Miami Beach’s Lincoln Road as it builds its permanent multi-story location on the popular thoroughfare, according to Terranova...
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Fort Lauderdale call center sells for $7.1 million
A call center in Fort Lauderdale occupied by FedEx has been sold for $7.1 million, according to CBRE, which marketed the asset for sale on behalf of seller Fed Florida Investors, an entity managed by...
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Century 21 Premier Elite Realty adds new office in Miami Beach
Century 21 Premier Elite Realty has opened a new office in Miami Beach, according to founder and CEO Patricia Delinois. The new location is at 2895 Collins Avenue in the Mid-Beach section of the Miami...
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Sperry Van Ness adds David Loewy as senior advisor in Miami
Sperry Van Ness has named David Loewy a senior advisor for the firm’s Miami office, managing director Matthew Rotolante announced today. Loewy will be at the Sperry Van Ness office at 7925 NW 12th...
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Grosskopfs break ground on Chateau Beach condo project in Sunny Isles
The epicenter of Miami Beach’s luxury condominium market continued its move north Thursday, as Sergio and Manuel Grosskopf’s Chateau Beach tower broke ground in Sunny Isles Beach. The 33-story, 84-unit...
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Long foreclosure processing period benefits no one, experts say
As reports have noted, the time it takes to process a foreclosure varies from state to state, and Florida has one of the longest average processing times in the nation. While some observers have said...
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Miami Walgreens trades in all-cash $30M deal
A 22,857-square foot Walgreens drugstore in Miami Beach has traded for $30 million — or $1,312 per square foot — making it the second highest price paid for a drugstore in the United States this year...
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Underwater homeowners say “fiscal cliff” could cost them six figures in...
Patrick Boris, a banquet chef in Las Vegas, is inching closer to his own “fiscal cliff,” 2,100 miles away from the political brinksmanship under way on Capitol Hill. If Congress and the White House...
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South Florida foreclosures up slightly, y-o-y
There were 4,499 foreclosures filed in South Florida in November, according to Condo Vultures, a 29.9 percent increase from the same month a year ago. 1,944 the foreclosures came for Miami-Dade County...
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Today’s priciest new listing
Today’s priciest new listing is a seven-bedroom, seven-bathroom, 9,788-square-foot single-family home that is asking $11.9, according to Condo Vultures. The KobiKarp-desinged house, which is located...
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Downtown Miami’s Grand Central building sells for $4.6 million
The Grand Central building in downtown Miami’s Park West neighborhood has been sold for $4.6 million, according to Metro 1 Commercial, which handled the transaction. The landmark building, which was...
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Winn-Dixie property in Riviera Beach unloaded for $7.39 million
A 45,973-square-foot Winn-Dixie in Riviera Beach has sold for $7.39 million, according to Marcus & Millichap, which brokered the deal on behalf of the seller, a Miami Beach-based limited liability...
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Brenner reports three Broward leases
Brenner Real Estate Group is reporting a group of three recently closed lease transactions in Broward County. The largest was a 1,844-square-foot lease by Alliance Property Systems at Plantation Place,...
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Doral’s Easton & Associates adds David Olalde
Doral-based Easton & Associates, the commercial real estate brokerage division of the Easton Group, has named David Olalde a commercial associate, the company announced today. Olalde specializes in...
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Six defendants sentenced in mortgage fraud scheme at Jade Brickell
A group of six defendants have been sentenced in a multi-million-dollar mortgage fraud scheme at the Jade condominium in Miami’s Brickell neighborhood, according to U.S. Attorney for the Southern...
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Commercial firms expand social media presence, but concrete benefits up for...
Some commercial real estate firms now have a greater social media presence, and some brokers say they’re nabbing leads thanks to the social media sphere, the Wall Street Journal reported. But whether a...
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White House looking for new FHFA director
The White House is preparing to nominate a new director of the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, as early as next year, the Wall Street Journal reported. The...
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