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Financing Fuels New Miami Retail Sales

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In Miami-Dade, low interest rates and expanding financing capacity ensure single-tenant properties will receive considerable attention when brought to market, according to Marcus & Millichap.

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Las Olas City Centre Wins TOBY

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Stiles Property Management announced today that Las Olas City Centre has received The Outstanding Building of the Year (TOBY) Office Award from the local Fort Lauderdale/Palm Beaches Building Owners and Managers Association (BOMA).

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Procacci Achieves Zurich Certification

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Procacci Development Corporation, a full service real estate developer based in Boca Raton, has achieved Zurich Insurance HPR (Highly Protected Risk) certification. Procacci earned this certification by exceeding standards created to allow both structures and businesses the ability to weather significant storm events and sustain stability.

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Norm Adams/Liz Glaria Sign 21,000 sf Expansion

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Stiles Realty announced today that Guarantee Insurance has signed a five-year lease expansion for 21,000 square feet of office space at the 408,079-SF Las Olas City Centre in downtown Ft. Lauderdale.

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Benson Closes 34,000sf Deal

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Lance A. Benson, Vice President, Grubb & Ellis Tenant Advisory Group, represented Independent Living Systems, a healthcare management services company, in a long-term lease of 34,080sf at 5201 Blue Lagoon Drive in Waterford at Blue Lagoon.

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Michael Rauch Opens Boutique Firm

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Commercial real estate broker, property manager and investor, Michael W. Rauch, has opened a new boutique brokerage, investment and property management firm, Rauch, Hartman, Sherer & Co., Chartered Commercial Real Estate Advisors, located in Boca Raton.

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Marcus & Millichap Keeping Busy

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Marcus & Millichap has announced the sale of three properties in South Florida, including two office buildings, a shopping center and a multifamily property, totalling just over $15 million.

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