96% retail space occupancy tops Florida
A booming economy, lack of space and considerable barriers to entry have made retail space tight throughout Miami-Dade County, observers say. “Miami’s job growth is continuing, with an unemployment rate…
Build it bigger, Miami review board suggests
In a rare move, a Miami review board has sent a developer and his architect back to the drawing board after board members complained that a project isn’t big enough.…
Duty-free giant DFASS Group signs major lease
DFASS Group, a leader in duty-free retail, has renewed a 193,588-square-foot lease at Aventura Industrial Center for just over seven years, one of the biggest industrial real estate deals in…
57-story luxury condo tower in Edgewater advances
The plan to build a luxury condo tower on the waterfront in Edgewater is moving ahead. Miami’s Urban Development Review Board has recommended approval of Elysee Miami, a 100-unit condo…
Miami’s condo market continues to be global magnet
Miami’s condo market continues to be a strong magnet for international investment, but many brokers say the line between residents and investors may now be fuzzier than ever. Christian Kawas,…
Development in downtown Miami at fast clip
Despite rumors that the real estate boom may be slowing down, development in downtown Miami continued at a fast clip last year. Several residential buildings were to be delivered in…
Riverwalk could give illegal building new life
A developer who plans a luxury condo tower at the mouth of the Miami River is willing to extend the public riverwalk westward to EPIC Residences & Hotel right away,…
Miami office market becomes magnet to investors
Miami’s high-performing office market has become a magnet to institutional and foreign investors, brokers say, and the competition is causing top-tier buildings to trade for record prices. “Office-market sales are…
Brickell condo development may slow
Riding a five-year trend of high absorption levels, developers planned another robust year of new construction in Brickell’s hot condo market. But early signs suggest 2016 might be different. The…
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