Miami industrial vacancy falls to 5.8 percent, lowest rate since 2007: CBRE
Industrial vacancy in Miami-Dade County dropped to just 5.8 percent in the fourth quarter of 2012, according to the latest MarketView from CBRE. That is the lowest Miami’s vacancy rate has been since...
View ArticleLogistics firm Shulamit buys One United Bank building in Lauderdale Lakes
Shulamit Holding, an exporting and relogistics company, is relocating from its Davie base. The firm has purchased the 10,000-square-foot One United Bank building at 2412 North State Road 7 in...
View ArticleRetailMLS.com adds national listings
RetailMLS.com, the New York City-based multiple listings service that focuses exclusively on retail, has expanded nationwide, the company’s founder told The Real Deal. The expansion was motivated by...
View ArticleIRS streamlines work-from-home deductions
If you’re one of the millions of homeowners and renters who work or run a business from the place you live, here’s some good news on taxes: The Internal Revenue Service wants to make it easier for you...
View ArticleShoppes at Jupiter face foreclosure
On the verge of losing its main tenant Cobb Theatres, the Shoppes at Jupiter are facing a $29.5 million foreclosure suit, the South Florida Business Jouranl reported. Representing a CMBS, JPMCC...
View ArticleToday’s priciest new listing
Today’s priciest new listing is a five-bedroom, five-bathroom, 3,119-square-foot, single-family home that is asking $5.5 million, according to Condo Vultures. The waterfront house, which is located at...
View ArticleThe Real Deal to hold Commercial Roundtable on Feb. 6 at the Miami Green...
Join The Real Deal for our first-ever commercial roundtable Feb. 6 at 8 AM on the rooftop of the Miami Green building, located at 3150 SW 38th Avenue in Miami. The event, which will cover Miami’s...
View ArticleKeyes Company closes sale on waterfront multi-family in Fort Lauderdale
Karen and Ross Herman of the Keyes Company have negotiated the sale of a seven-unit waterfront property in Fort Lauderdale, the brokers announced today. The property, which is located at 1400 Bayview...
View ArticleFlagler Beach’s Plantation Oaks mobile home park sells for $26M
The Plantation Oaks mobile home park in Flagler Beach has sold for $26.4 million, according to LandQwest Commercial, which brokered the sale. The 115-acre site was purchased by Murex Properties, the...
View ArticleCosta Hollywood project 35 percent sold out after November sales launch
The Costa Hollywood project in Hollywood is 35 percent sold out after launching sales in November, the project announced today. The project, which is slated for completion in 2014, is located at 777...
View ArticleSetai condo sells for $7.4 million
A condominium unit at the Setai in Miami Beach has been sold for $7.4 million, according to data from real estate information firm StreetEasy. The property, which is located at 101 20th Street in Miami...
View ArticleSouth Florida Residential Inventory holds
Compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service. Active listings are properties where no current sale contract exists; pending sales are properties in which a...
View ArticleMichael Stern pleads guilty to fraud charges
Miami Beach developer Michael Stern and one-time government informant is facing up to 10 years in prison and a $250,000 fine after pleading guilty to defrauding Indianapolis Colts linebacker Dwight...
View ArticleA return for private label mortgages?
Is this year the comeback of “private label” mortgage bonds? About $25 billion worth were issued this year, paling in comparison to the $1 trillion peak in 2006, but up significantly from the $4...
View ArticleToday’s priciest new listing
Today’s priciest new listing is a four-bedroom, three-bathroom, 3,365-square-foot condo in the Murano at Portofino that is asking $7.1 million, according to Condo Vultures. The waterfront condo, which...
View ArticleDon’t miss The Real Deal’s Commercial Roundtable Feb. 6 at Miami Green
Join The Real Deal for our first-ever commercial roundtable Feb. 6 at 8 am on the rooftop of the Miami Green building, located at 3150 SW 38th Avenue in Miami. The event, which will cover Miami’s...
View ArticleBal Harbour in Brickell: Swire, Bal Harbour Shops to partner at CityCentre
Hong Kong-based Swire Properties and Bal Harbour Shops are partnering to develop the retail component of the Brickell CityCentre project in downtown Miami. Swire’s CityCentre will include a...
View ArticleMiami metro area construction contracts rose 67 percent in 2012: report
Contracts for future construction in the Miami-Fort Lauderdale-Miami Beach metropolitan area rose by 67 percent through December 2012 compared to 2011, according to data from McGraw-Hill Construction....
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