IMC Equity Group advanced plans to develop a three-building, mid-rise complex with 233 apartments on the south side of the Lauderhill Mall. IMC Equity, led
Tag: Malls
Midtown Miami developer Jon Samuel heads north, pays $28M for Broward Mall’s shuttered Sears store
Jon Samuel, one of the first developers at Midtown Miami, is venturing into Broward County, acquiring a shuttered Sears store for $28 million. An affiliate
Simon, Brookfield face tough road ahead for their South Florida zombie malls
The outlook for owners of two South Florida zombie malls to refinance maturing nine-figure loans next year is pretty grim. Even with recent interest rate
Electra, BH land $125M pre-dev loan for $1B Southplace City Center in Cutler Bay
Electra America and BH Group are gearing up for the first phase of a $1 billion mixed-use project in Cutler Bay after landing a $125
Easton drops $17M for Miami International Mall’s closed Sears, plans up to 500 apartments
Easton Group bought Miami International Mall’s shuttered Sears for $17.1 million, with plans to develop up to 500 apartments on the site. The firm joins
Macy’s offloads two South Florida retail properties for a combined $28M
Macy’s offloaded a couple of retail properties in South Florida, selling both for a combined $28 million. Most recently, an affiliate of Columbus, Ohio-based Washington
Miami International Mall’s market value plummets to $159M
Simon Property Group’s Miami International Mall is in precipitous condition. The struggling indoor retail center ‘s current market value nosedived to $159 million, compared to
Developers Request To Convert South Florida Malls To Blended-Use
Electra The usa and BH Team plan to tear down a significant box retail outlet on an outparcel of Cutler Bay’s Southland Mall later on
North Miami Beach’s Mall At 163rd Avenue Sells For $46M
4 firms teamed up to buy North Miami Beach’s ailing Mall at 163rd Avenue for $46 million, The Serious Offer has learned. Taillard Money, Tuesday
Simon Fails To Spend Off $159M Miami International Shopping mall Bank loan
Miami Worldwide Shopping mall ‘s proprietor failed to pay back off a $159 million credit card debt that matured this thirty day period, as the