Archive for the ‘Florida Real Estate’ Category
Duke Realty Acquires Royal Palm Buildings
September 1st, 2010
Posted in Florida Real Estate
PLANTATION, FL-Duke Realty is on an acquisition roll even as its office properties defy Broward County vacancy rates.
Comments Off Hyatt Regency in Jacksonville Misses Mortgage Payment
September 1st, 2010
Posted in Florida Real Estate
JACKSONVILLE, FL-The Hyatt Regency in Jacksonville, FL continues to face financial problems being unable to meet mortgage payments for the second time in the last two years on a $150 million securitized mortgage taken out by the ownership group, headed by the Chartres Lodging Group LLC.
Comments Off Miami Apartment Market Set for 2011 Recovery
August 31st, 2010
Posted in Florida Real Estate
MIAMI-A condo shadow market is competing with apartment developments for renters, but Miami's multifamily market is still sizzling at 96% occupancy.
Comments Off Walgreen’s Sells for $7M in Crowded Retail Market
August 31st, 2010
Posted in Florida Real Estate
OCALA-Walgreen's deemed a safe investment in an Ocala retail market where vacancies are as high as 30%.
Comments Off 1450 Brickell Earns LEED Gold Certification
August 30th, 2010
Posted in Florida Real Estate
MIAMI-Miami came late to the green building party, but the Magic City is entering in style with 1450 Brickell's LEED Gold certification.
Comments Off Legend Express Buys 4,800-SF Industrial Condominium
August 30th, 2010
Posted in Florida Real Estate
MAITLAND, FL-United Midwest Savings Bank, an Ohio-based bank, has sold a 4,800 square-foot industrial condominium, which includes 720 square feet of showroom/office area to Legend Express Inc. USA for $272,500.
Comments Off Vertex to Relocate Tampa Operations
August 30th, 2010
Posted in Florida Real Estate
TAMPA, FL-A Massachusetts-based distributor of clamps, rivets and fasteners, Vertex Distribution is relocating to Tampa from Adamo Drive.
Comments Off Tag USA Gymnastics Leases Industrial Space
August 30th, 2010
Posted in Florida Real Estate
FORT LAUDERDALE, FL-Tag USA Gymnastics Inc. has leased an industrial space, which measures 38,400 square feet, within the Weston Park of Commerce at 1951 N. Commerce Parkway in Weston from Founders Properties LLC.
Comments Off Project Updates from Cotter-Ryan
August 30th, 2010
Posted in Florida Real Estate
LONGWOOD, FL-Cotter-Ryan Commercial LLC has renovated the 3,500-square-foot Aloma Cinema Grill and Draft House in the Publix Shopping Center on Aloma Avenue, Lakemont, Winter Park.
Comments Off Grubb & Ellis Sublets 4,000 SF at 100 N. Tampa Street
August 30th, 2010
Posted in Florida Real Estate
TAMPA, FL-Grubb & Ellis commercial Florida has negotiated a sublease for 4,000 square feet Class A office area at 100 N. Tampa Street tower in downtown Tampa.
Comments Off Holiday Oaks Trades for $1M
August 30th, 2010
Posted in Florida Real Estate
TAMPA, FL-Marcus & Millichap Real Estate Investment Services has sold an apartment complex having 38 units in Tampa.
Comments Off JCON Commercial Appoints Corey Dillon
August 30th, 2010
Posted in Florida Real Estate
TAMPA, FL-JCON Commercial has appointed Corey Dillon as project manager.
Comments Off Hedrick Brothers Complete Northboro School Renovation
August 30th, 2010
Posted in Florida Real Estate
WEST PALM BEACH, FL-Hedrick Brothers Construction has completed a significant portion of the $25-million Northboro Elementary School renovation project in West Palm Beach.
Comments Off 1959 SunTrust Building Sells for $24M
August 29th, 2010
Posted in Florida Real Estate
ORLANDO-One of downtown Orlando's oldest building fetched one of the healthiest sales prices this year.
Comments Off Franklin Street Sells 35,720 SF Building in Doral
August 26th, 2010
Posted in Florida Real Estate
MIAMI-Franklin Street Real Estate Services has announced the sale of the 35,720-square-foot International Granite & Marble showroom and warehouse for $3.66 million or $102.50 per square foot.
Comments Off Hunter Realty Opens Miami Office in Hotel Play
August 25th, 2010
Posted in Florida Real Estate
MIAMI-Hunter Realty is betting on tourism as it expands into Florida and the Caribbean with a new Miami office and a 30-year industry veteran to lead it.
Comments Off RE/MAX Realty Group Negotiates Three Lease Deals
August 25th, 2010
Posted in Florida Real Estate
FORT MYERS-RE/MAX Realty Group Commercial Division's Miller Alliance negotiated three leasing transactions totaling about 9,000 square feet.
Comments Off JLL Hires Easton as Tenant Rep
August 25th, 2010
Posted in Florida Real Estate
MIAMI-Jones Lang LaSalle has hired Andrew Easton to work with its team that represents tenants in Miami.
Comments Off Lake City Commons Sells for $11M
August 24th, 2010
Posted in Florida Real Estate
LAKE CITY, FL-A two-year-old development in a transportation hub has been 100% leased since it came online--and investors just snapped it up.
Comments Off Shops at Sunset Place Secures $79M Refi
August 23rd, 2010
Posted in Florida Real Estate
MIAMI-Shops at Sunset Place has reinvented itself to win high occupancy and a $79-million refinance loan in a rebounding South Miami market.
Comments Off Stierheim Joins Colliers as Senior VP
August 23rd, 2010
Posted in Florida Real Estate
MIAMI-Colliers International South Florida has appointed Mia Stierheim as senior vice president to lead its retail division.
Comments Off Wells Fargo Lends $25 Million to Jacksonville Malls
August 21st, 2010
Posted in Florida Real Estate
JACKSONVILLE, FL-Jacksonville's retail market is ailing, but two properties are performing well enough to attract a $25 million loan.
Comments Off Miami Industrial Market Sees 135,000-SF Expansion
August 21st, 2010
Posted in Florida Real Estate
DORAL, FL-Miami's industrial market is on the rebound, with Miami International Commerce Center leading the charge for new space.
Comments Off Affordable Housing Developer Acquires St. Pete Motel
August 19th, 2010
Posted in Florida Real Estate
ST. PETERSBURG, FL-American Community Development Group is buying up motels and transforming them into affordable housing.
Comments Off Main Street America Renews 67,694-SF Lease
August 18th, 2010
Posted in Florida Real Estate
JACKSONVILLE, FL-The Main Street America Group is the latest major tenant to renew a significant lease in Jacksonville's rebounding office market.
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