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JLL Reps EastGroup In Sale Of Shovel-Ready Industrial Site
The parcel offers more than 1,000 feet of frontage along Florida's Turnpike.
Industrial & LogisticsMiamiFlorida
via CRE-sources (South Florida/Miami)Updated 6 days ago
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The parcel offers more than 1,000 feet of frontage along Florida's Turnpike.
The sale is one of the largest condominium-to-multifamily rental conversions in Florida.
Prosper Group and European firm Versluys Group bought a condo development site on the Miami River in Brickell for $50 million. They put the 1-acre lot under contract last year from Harvey Hernandez’s Newgard Development Group and Two Roads Development. The property was part of the sellers’ One Brickell Riverfront…
Property Markets Group sued the condo association at the Elser Hotel & Residences, marking the latest dispute between them over control of the downtown Miami condo-hotel. Last week, an affiliate of Miami-based PMG sued 398 NE 5th Street Condominium Association, the property management firm RealManage and Steve…
RIVANI purchased 404 Washington, an 8-story mixed-use office and retail property positioned at the gateway to Miami Beach’s South of Fifth neighborhood. The Trump Group was the seller. Comprising nearly 61,000 square feet of office and retail space, 404 Washington occupies the corner of Washington Avenue and Fifth…
Robert Rivani’s namesake firm added another Miami Beach property to its portfolio, acquiring an office and retail building at the gateway to the South of Fifth neighborhood. Rivani purchased the eight-story building at 404 Washington Avenue, which spans 61,000 square feet and includes a four-level parking garage,…
The milestone follows the final 76,605-square-foot lease to Vision Aerospace, an FAA- and EASA-certified Part 145 repair station, bringing the project to 100% occupancy on behalf of the owner, Link Logistics.
Upon completion of the MOB, NAI Miami | Fort Lauderdale will serve as the exclusive leasing representative.
The retail strip totals 30,250 square feet on a 3.74-acre lot.
The campus contains roughly 338,000 square feet of industrial and office space across approximately 10 buildings. The transaction equates to approximately $293 per square foot.
The acquisition includes the iconic five-story, 35,455-square-foot landmark building located at 100 NE 1st Avenue, as well as an adjacent 15,000-square-foot vacant lot.
HIALEAH, FLA. — Baron Property Group (BPG) has closed on a $226.5 million refinancing for Metro Parc, a 559-unit development in Hialeah that is now 50 percent leased. The financing… The post Baron Property Group Lands $226.5M Refinancing for Miami Project appeared first on Multifamily & Affordable Housing Business .
The national construction firm will occupy the top floor of the four-story building.
The tide is beginning to turn back in favor of multifamily landlords, but it’s still too early to get excited. Developers are starting to pull back on leasing incentives and bring rents back up after an oversupply benefited renters. At the end of the second quarter, the number of new leases (13,774) surpassed the…
Downtown Miami’s largest landowner Moishe Mana just made his portfolio even bigger, adding $33 million worth of properties within 10 days. Mana’s firm, Mana Common, paid $20.3 million for the 35,550-square-foot Historic U.S. Post Office Building at 100 Northeast First Avenue and the adjacent 15,000-square-foot…
The rapper whose hit single “Hustlin’” debuted two decades ago is bringing his hustle to real estate development. Rick Ross joined the development team of EnSima, an eight-story 670-unit residential project in Miami Gardens, Bisnow reported. The Grammy-nominated artist is partnering with EnSima Miami I, led by…
The $32 million transaction closed quickly as an all-cash 1031 exchange acquisition, trading at a record price per unit for the submarket and a cap rate below 5 percent.
Coast Logistics will replace a former real estate education facility on North Hiatus Road.
🏆 Alteration: The largest permit issued was for a $45 million interior alteration permit at 8900 North Kendall Drive in Kendall, where Baptist Health South Florida is undertaking the expansion of its main campus, Baptist Hospital Miami, spanning 111,500 square feet. Job Filing Number: 2026060461 📊 Alteration: The…
MIAMI BEACH, FLA. — Terra and Turnberry, along with general contractor Balfour Beatty, have topped out Grand Hyatt Miami Beach, a 17-story, 800-room hotel underway in Miami Beach. The hotel tower will be connected to the newly renovated Miami Beach Convention Center via a climate-controlled sky bridge upon…
How do you convince someone to spend $3M to live in a tower that carries the branding of legendary DJ Kygo's Palm Tree Crew? It starts with a turntable in a one-story building on a patch of asphalt. The 22K SF property in Downtown Miami is the sales center...
Pinnacle secured $41 million in financing for an affordable seniors housing project in Naranja, as the firm seizes on south Miami-Dade County’s growth. Miami-based Pinnacle plans the 110-unit apartment project reserved for tenants who are 62 and older and earn 30 percent to 60 percent of the area median income,…
Baron Property Group secured a $226.5 million refinancing for an apartment development in Hialeah that’s nearly 50 percent leased. Madison Realty Capital and Yellowstone Real Estate provided the refinancing to the New York- and Miami-based developer for the 559-unit Metro Parc complex at 952 East 26th Street, which…
Baron Property Group (BPG) has secured $226.5 million to refinance a newly completed multifamily development in Hialeah, Fla. Madison Realty Capital and Yellowstone Real Estate provided the debt backing the 559-unit Metro Parc at 955 East 25th Street, about a block west of Metrorail and Tri-Rail transfer stations…
Arrow Real Estate Advisors arranged an $85 million construction loan on behalf of Northlink Capital for the development of 7200 Collins Avenue, a 222-unit luxury condominium project in Miami Beach, Florida. The financing, provided by Deutsche Bank, refinances existing debt and will fund the ground-up construction…
A Mas brother is pushing to rezone 162 acres of land outside of Miami Gardens for a massive mixed-use development with affordable housing, retail and industrial space. Landmark QOZB Construction LLC, an entity tied to Juan Carlos Mas of Coral Gables-based MAS AJP, filed an application with county officials to…
It took four years and more than $770M for billionaire and hedge fund CEO Ken Griffin to reach the finish line in assembling a full-block site for his company’s future headquarters. The task is finally complete after Miami commissioners last week...
Rick Ross may have gone platinum for Blowin' Money Fast, but he is hoping his latest project will turn into Money So Long.
“South Florida by the numbers” is a web feature that catalogues the most notable, quirky and surprising real estate statistics. For years, analysts have observed South Florida real estate as if it were one market moving in one direction. Increasingly, that assumption has never been less accurate. While affluent…
Alphabet has expanded its presence at 1450 Brickell Avenue from approximately 10,000 square feet to 45,000 square feet, adding another major technology company commitment to Miami’s office market.
MIAMI — JLL has arranged the sale of a three-property industrial portfolio spanning 2.4 million square feet in Florida and Georgia. EQT Real Estate purchased the portfolio from the undisclosed seller. The sales price was also not disclosed. The properties in the portfolio include a 605,412-square-foot facility in…
🏆 Residential: North Miami logged the priciest home sale in South Florida. A company managed by Darren Gerard sold the home at 11400 North Bayshore Drive for just under $24 million. The buyer was a trust tied to Kymberly A. Foglia, daughter of Vince Foglia, who founded a medical products company. Built last year,…
The freestanding building was previously home to Stout Bar & Grill.
The Cove will rise on the site of a former hotel property, delivering 376 residential units in an eight-story building with structured parking.
The Sunrise deal adds to a series of major industrial transactions completed across Broward County so far in 2026. By late June, industrial sales volume in the county had surpassed $1 billion, reflecting continued investor demand for logistics and warehouse assets throughout the region.
Allapattah, already a neighborhood targeted for redevelopment, now has a $243 million spending plan that leans in on infrastructure improvements and affordable housing construction. Miami commissioners, sitting as the members of the newly formed Allapattah Community Redevelopment Agency, unanimously voted for the…
Northlink Capital has secured $85 million of construction financing to develop a Miami Beach luxury condominium project, Commercial Observer has learned. Deutsche Bank provided the loan, which will refinance past debt and fund ground-up construction of the 12-story condo tower at 7200 Collins Avenue in Miami…
Mast Capital and Koch Real Estate Investments scooped up an oceanfront resort in the Florida Keys two years after it last sold. The Miami-based developer and Dallas-based investor acquired 22 villas and eight hotel suites at the Islands of Islamorada Resort from the Frisbie Group, according to a news release.…
🏆 Residential: A penthouse in Miami Beach was the priciest deal to hit records. A trust tied to Yves Mongeau and Sylvie Guilbault parted with a 9,000-square-foot condo at 450 Alton Road for $23.5 million, or $2,600 per square foot. The buyer was Akron Warwick Exchange LLC. The unit has six bedrooms and seven and a…
Originally built in 2002 and renovated in 2025, UNO South Pointe is one of the few ‘Super-Class A’ office properties in the South of Fifth neighborhood.
Summary and analysis of Fort Lauderdale’s current economic and office real estate market conditions.
Summary and analysis of Miami’s current economic and office real estate market conditions.
Summary and analysis of West Palm Beach’s current economic and office real estate market conditions.
Not long ago, Miami sold itself as the affordable alternative to New York. Lower taxes, cheaper housing and sunshine drew a wave of businesses, investors and wealthy transplants during and after the pandemic. But now, consumer prices have climbed 36 percent since 2019, home values have surged nearly 80 percent and,…
Summary and analysis of Palm Beach’s current economic and industrial real estate market conditions.
Summary and analysis of Broward’s current economic and industrial real estate market conditions.
Summary and analysis of Miami’s current economic and industrial real estate market conditions.
Social media influencer and livesteamer IShowSpeed bought a warehouse for a content creation studio near West Little River for nearly $11 million, The Real Deal has learned. IShowSpeed, whose real name is Darren Jason Watkins Jr., bought the 26,600-square-foot industrial building on a 1.8-acre lot at 8700 Northwest…
Privé Group, led by Javier Rabinovich, is staking an office bet in an area where few others have in recent years. Miami-based Privé proposes a 75-foot tall building in an unincorporated area between North Miami and Miami Shores, while most office developers as of recent have homed in on Bay Harbor Islands, Miami…
Waste Management has paid nearly $380 million for about 146 acres in Medley, Fla., where the Houston-based company will likely build another landfill, property records show. The land sits parallel to Route 27 at 9515 Northwest 95th Avenue near the Everglades national park. About half the site remains vacant while…
A city-approved land sale grants Ken Griffin ownership of an entire city block in Miami, consolidating his real estate holdings in the market.
The seven-story Class A facility near I-95 was approximately 67% occupied at the time of the transaction.
The company maintains a global corporate presence, with Switzerland and Australia continuing to serve as important business hubs following the opening of the Miami headquarters.
Todd Rosenberg’s Pebb Capital has purchased the Uno office building in South Beach, as boutique financial firms vie for outposts in Miami. The seven-story building features about 100,000 square feet of leasable space and 106 covered parking spots at 119 Washington Avenue, between First and Second streets, in the…
Terra completed Phase One of Upland Park, a $1 billion transit-oriented community that will transform West Miami-Dade County’s Dolphin Park-and-Ride Transit Terminal Facility into a 47-acre mixed-use community with residential, retail, and commercial uses. The newly delivered first phase of the project comprises…
Google’s parent company has quadrupled its office footprint in Miami, Bloomberg reported. Alphabet inked a lease for about 45,000 square feet at 1450 Brickell Avenue this spring, where it had been leasing about 10,000 square feet. The tech giant has been stationed at the 34-story building since 2016. Developer…
By Danny Fishman, CEO, co-founder, GAIA Real Estate The country’s broader middle class is facing a housing crisis: a growing gap in available, high-quality rental options. High-demand markets like Miami and New York City are now appearing in headlines on two lists at once. Miami is called out as oversupplied but is…
Not long after billionaires Sergey Brin and Larry Page dropped a combined hundreds of millions of dollars on Miami real estate, the company they founded is growing its Magic City office presence.
JPMorgan Chase has lent Blackstone $205 million to refinance East Miami, the 352-room hotel. EAST Miami is a 352-key full-service hotel in Miami’s Brickell neighborhood. Blackstone purchased the property in 2025 for $300 million. Trinity Investments and Certares Real Estate Management were the sellers. The 39-story…
A 452-unit residential tower is being developed as part of the Water Street Tampa mixed-use expansion project.