Duke Poised To Acquire Premier Portfolio

“It’s been leaking like water from a rusty bucket” – Duke is negotiating to buy the Premier Commercial Realty’s industrial and office portfolio.

Waserstein Brothers Purchase Miami Office Building

Miami Lakes-based LeaseFlorida had the winning bid to purchase a downtown Miami office building located at 28 W. Flagler Street.

CityPlace Office Tower Adds 7,000sf Tenant

Tenant’s decision to relocate from Phillips Point based largely on CityPlace’s hurricane-resistant features.

Las Olas City Centre Wins TOBY

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).

And The Winner In The Bid For Miami Tower Is…

Looks like Miami Tower will have a new owner by the end of the year, with a winning bid of about $120 million.

Procacci Achieves Zurich Certification

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.

Got Your QR Code Reader?

The 3Q10 print edition of CRE-sources is out, featuring QR Code Technology! As you turn the pages, you’ll notice some funky-looking squares (similar to the one at the left) in certain property listings and ads. Those funky-looking squares contain URLs. Scan them with your smartphone and open the associated web page right in your phone’s browser! How cool is that?

Norm Adams/Liz Glaria Sign 21,000 sf Expansion

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.

Benson Closes 34,000sf Deal

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.