Colliers Reps Buyer, Seller In $14.5 Million Sale Of ±2-Acre Development Site In Fort Lauderdale’s Urban Core

As South Florida’s markets continue to strengthen from the migration of out-of-state developers, Colliers facilitated the off-market sale of the Himmarshee development site in Downtown Fort Lauderdale. Colliers’ Director Bradley Arendt and Executive Managing Director Mika Mattingly represented both the buyer, Heights Advisors, and the seller, 111 Property Group, in the transaction. “This was a […]

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Stiles-Managed Properties In Miami And Palm Beach Win Outstanding Building of the Year Awards

The TOBY Awards are the most prestigious and coveted awards of their kind in the commercial real estate industry. The awards recognize superiority in office and industrial buildings and reward excellence in building management.

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CRE-sources’ Top 5 Most Popular Stories This Week

Here are the most popular news headlines this past week on CRE-sources.

Joint Venture To Develop $500M Transit Village Mixed-Use Project In Downtown West Palm Beach

The project is expected to cost over $500 million to develop.

Berkadia Arranges $133M Sale Of New Multifamily Community In Miramar

LUMA at Miramar was built in 2019 and stabilized in Q1 2020, with occupancy remaining at or above 90 percent throughout 2020 and 2021. The property was fully occupied at the time of sale.

Colliers Secures Financing For New Mixed-Use Residential Project In Pompano Beach

The project’s sponsors consist of a seasoned development team that has been active in South Florida for decades.

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.

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CRE-sources’ Top 5 Most Popular Stories This Week

Here are the most popular news headlines this past week on CRE-sources.