Miramar’s Next Major Mixed-Use District Moves From Plans to Construction
Plans call for 2,874 residential units, including 200 townhomes, along with 400,000 square feet of retail, 125,000 square feet of Class A office space and a 185-room hotel.
Plans call for 2,874 residential units, including 200 townhomes, along with 400,000 square feet of retail, 125,000 square feet of Class A office space and a 185-room hotel.
Read on for the most popular news headlines this past week on CRE-sources.
Asking rents range from $65 to $70 per square foot. Leasing is being led by Ed Schmidt and Robert Eckstein of NAI Miami/Ft. Lauderdale.
The site has long attracted developer interest because of its scale, location and proximity to transit.
Two retail advisors have joined the firm in Miami as Executive Managing Director and Executive Director, respectively, strengthening its retail leasing and advisory capabilities across South Florida and the broader Americas region.
Read on for the most popular news headlines this past week on CRE-sources.
Market activity also comes as nearly 500,000 square feet of active new-to-market requirements are being tracked across Miami-Dade, according to Blanca’s Q1 Miami Office Market report, signaling a strong pipeline of future demand as companies continue to expand and relocate within the region.
The city’s goal is to attract fresh concepts to the area while also giving existing local businesses an opportunity to grow without the immediate burden of rent.
Bryan S. Cohen and Chris McCarthy represented the landlord, Precise Property, in the transaction.
Newmark Managing Director Mitch Heifetz serves as the building’s exclusive leasing agent, representing Brickstar Capital in the transaction. The tenant was represented by Jared Robins of Inhouse CRE.
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