Other Industry News
Marcus & Millichap Brokers Record-Setting Cap Rate Sale
Jonathan De La Rosa and Eduardo Toledo, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property.
Development Site In Miami’s Art & Entertainment District Sells
The site is currently zoned for T6-24A-0, which will allow for a building up to a height of 48 stories. The site is also located within a federally designated Opportunity Zone.
MG Developer Breaks Ground On Its First Luxury Residential Tower In Hialeah
Metro Parc will be a 3.26-acre project that will consist of two, mixed-use tower buildings that will feature 560-units of rental apartments comprised of studios, one-bedroom/one bath, and two bedroom/ two bath ranging from 500 square feet to 1000 square feet.
1.9 MSF Residential Mixed-Use Project Planned For Blue Lagoon
The project is slated to include 1,333 residential units, 41,438 square feet of commercial-retail uses and parking for up to 2,589 vehicles, and have 108 bike racks.
Scarpino Commercial Brings The Balanced Company’s HQ To West Palm Beach With 29,000-SF Lease
This is the company’s first entry into the US marketplace.
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