At $318 per sq. ft., the sale marks the largest transaction involving an open air shopping center in Florida since 2008.
Village Commons, a Publix-anchored shopping center located just west of I-95 at the intersection of Village Boulevard and Brandywine Road in West Palm Beach, Florida, was acquired for approximately $152 per sf.
Stiles pays $14 million for Best Buy-anchored center and has immediate plans to resume development of the second phase.
Tony Arellano brings new casual Mexican-style restaurant chain to Pembroke Pines.
300 Las Olas Place, a Class A 10-story building located just north of Las Olas Blvd., fetches just over $290 per square foot.
27-year commercial real estate veteran Randy Olen leaves Holly Sime Realty.
Oceania Cruises signs a 23,000sf renewal and a new 54,500sf lease to expand its corporate headquarters, which brings the Miami Airport West office property to 100% occupied.
Miami Tower, the iconic 600,000sf Class A downtown Miami office building that’s famous for its three-tiered design and changing exterior lighting schemes, becomes the Miami market’s largest office building sale of 2010.
Emerald View at Vista Center, the two building office development known for its state-of-the-art Category 5 hurricane resistant construction has been sold to KBS Real Estate Investment Trust II.
“It’s been leaking like water from a rusty bucket” – Duke is negotiating to buy the Premier Commercial Realty’s industrial and office portfolio.
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