Brazilian artist and sculptor Romero Britto purchased his biggest gallery piece, his company’s headquarters. Britto paid $11.8 million for the 58,000-square-foot art studio at 795
Tag: Commercial
JV buys Delray Beach hotel for $58M, amid resurgence of hospitality investment sales
A joint venture scooped up the Ray Hotel Delray Beach, Curio Collection by Hilton for $57.7 million, marking a resurgence of hospitality investment sales. Tmgoc
Sienna Motors expands in Pompano Beach, buys shuttered dealership for $22M
Sienna Motors is expanding in Pompano Beach, acquiring a shuttered dealership less than a block away from its existing auto sales site for $21.9 million.
Ventas expands South Florida health care portfolio with $37M hospital purchase
Ventas bulked up its South Florida hospital portfolio after paying $37 million for a 79-bed facility in Palm Beach County. An affiliate of Ventas, a
Lease roundup: Toscana Divino making a comeback in Key Biscayne, Christmas pop-up on tap in Coral Gables
Toscana Divino | Key Biscayne Italian restaurant Toscana Divino, once a staple at Mary Brickell Village, will re-open as a pop-up in Key Biscayne. Toscana
Movers & Shakers: Iker Belauste returns to JLL as VP
South Florida real estate firms bolstered their leadership in the latest roundup of hiring news. Iker Belauste returned to JLL as a vice president in
The Weekly Dirt: South Florida office market in a tough spot
South Florida’s office market is having a harder time than the industry has let on. We knew investment sales were down compared to the record
Blackstone subsidiary nabs $95M loan for Medley industrial complex
Link Logistics secured a $95 million loan for a quartet of recently completed warehouses in Medley. An affiliate of New York-based GID provided the loan
Lost sizzle: BurgerFi vacates four South Florida restaurants and corporate office as part of bankruptcy strategy
BurgerFi is cutting the fat from its real estate, abandoning leases at four South Florida restaurants and its corporate office in Fort Lauderdale. The fast
“Miami has jumped the shark”: Analyzing South Florida’s office sales slump
South Florida real estate players became giddy in recent years over the influx of businesses and ensuing office leasing spree at record rents. The bonanza