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Category: Business

Land grab: Waterfront North Bay Road teardown sells for M
Business

Land grab: Waterfront North Bay Road teardown sells for $26M

February 14, 2025February 14, 2025

Sara Pollak Arbel sold a waterfront home on Miami Beach’s North Bay Road for $25.5 million.  Records show Arbel’s trust sold the house at 5060

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South Florida’s older, suburban office buildings ripe for deep discounts and conversions: panel
Business

South Florida’s older, suburban office buildings ripe for deep discounts and conversions: panel

February 14, 2025February 14, 2025

South Florida’s office market is in the midst of a deep exhale after years of pandemic-fueled momentum, according to members of Avison Young’s top brass.

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Lone Star Funds, Highline, Square2 buy Bank of America tower in downtown Fort Lauderdale for roughly 0M
Business

Lone Star Funds, Highline, Square2 buy Bank of America tower in downtown Fort Lauderdale for roughly $220M

February 14, 2025February 14, 2025

Three investment firms bought the Bank of America Plaza at Las Olas City Centre in downtown Fort Lauderdale for about $220 million, marking the second

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Attorney William Riley alleges Centners let him “take the fall” in political corruption scandal
Business

Attorney William Riley alleges Centners let him “take the fall” in political corruption scandal

February 14, 2025February 14, 2025

Attorney and lobbyist William Riley Jr. sued private school moguls and real estate investors David and Leila Centner, alleging they let him “take the fall”

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Widow sells Fisher Island home of late Russian oligarch who mysteriously died
Business

Widow sells Fisher Island home of late Russian oligarch who mysteriously died

February 14, 2025February 14, 2025

The widow of Russian oligarch Dmitry Zelenov sold their Fisher Island home to developer Lewis Swezy, The Real Deal has learned.  The Villa Martina Trust

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Unholstered: Lawsuit alleges Patrick Carroll held his security guards hostage at gunpoint
Business

Unholstered: Lawsuit alleges Patrick Carroll held his security guards hostage at gunpoint

February 13, 2025February 13, 2025

Last summer, following a Los Angeles court hearing on his pending felony charges, including carrying a loaded firearm, Carroll allegedly held his own bodyguards hostage

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Terra, Frisbie win bid for Boca Raton City Hall redevelopment, plan 2M-plus sf mixed-use complex 
Business

Terra, Frisbie win bid for Boca Raton City Hall redevelopment, plan 2M-plus sf mixed-use complex 

February 13, 2025February 13, 2025

Davd Martin’s Terra and Frisbie Group won a coveted bid to redevelop Boca Raton’s government campus, where the firms plan a 2.5 million-square-foot mixed-use complex. 

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Bradford Allen pays 8M for Las Olas Centre I & II offices in downtown Fort Lauderdale 
Business

Bradford Allen pays $208M for Las Olas Centre I & II offices in downtown Fort Lauderdale 

February 13, 2025February 13, 2025

Bradford Allen Investment Advisors bought a two-building office complex in downtown Fort Lauderdale for $208 million, marking the biggest office sale this year.  Chicago-based Bradford

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Sedano’s owner checks out with record M sale of oceanfront Altos del Mar home
Business

Sedano’s owner checks out with record $36M sale of oceanfront Altos del Mar home

February 13, 2025February 13, 2025

Sedano’s Supermarkets CEO Agustin Herrán sold his oceanfront Miami Beach home for a record price, The Real Deal has learned.  Herrán, whose family owns the

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Related, BH and Pebb clear final hurdle for Office Depot campus mixed-use project
Business

Related, BH and Pebb clear final hurdle for Office Depot campus mixed-use project

February 13, 2025February 13, 2025

A partial redevelopment of Boca Raton’s Office Depot campus is set to go forward after receiving final city zoning approval. The Boca Raton City Council

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