Verizon will move its offices to the Waterford Business District near Miami International Airport, after selling its headquarters near Doral. The telecommunications firm leased 51,500
Category: Business
Xebec Realty slashes Miami industrial portfolio in half, sells warehouse for $27M
Xebec Realty Investments is down to one warehouse project in Miami-Dade County after selling a Liberty City industrial property for $26.8 million. Dallas-based Xebec Realty,
Developer plans 750-unit multifamily project in Hallandale Beach, amid continued redevelopment of South Florida mobile home parks
A developer could replace the Seville Mobile Home Park in Hallandale Beach with a 750-unit mixed-use, multifamily project, amid a surge in the redevelopment of
Ritz-Carlton Residences, Sunny Isles Beach closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo dollar volume dropped last week, despite an increase in sales. Brokers closed 93 condo sales totaling $62.6 million from Feb. 16 to
South Florida residential sales dollar volume surges in January
South Florida’s residential sales dollar volume surged in January. Dollar volume reached $4 billion, up 14.3 percent from $3.5 billion in January of 2024. Median
Insurance boss buys $17M waterfront Fort Lauderdale spec house
The head of an insurance marketing firm dropped $17 million on a waterfront spec home in Fort Lauderdale. Records show Jeffrey and Shimera Franzoni bought
Pompano Beach Porsche dealership scores $52M construction loan for new showroom and offices
Champion Porsche is fueling up construction of its new Pompano Beach home after nabbing a $52 million loan. Wells Fargo Bank provided the financing to
$18M waterfront Miami Beach house tops signed contracts
A nearly $18 million waterfront house in Miami Beach secured a buyer, topping last week’s signed contracts report. Twenty-one contracts were marked in the Multiple
Aby Rosen pulls another office building back from the brink
After a rough close to 2024, Aby Rosen is starting 2025 on a financing hot streak. RFR Holding recapitalized 475 Fifth Avenue in Midtown Manhattan
Lease roundup: Monarch, Tourmaline score Eastdil, Varonis and other office tenants in Brickell
Varonis, Eastdil Secured, more | Brickell Monarch Alternative Capital and Tourmaline Capital Partners scored five new leases and two renewals at their Brickell office tower.