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.
Tag: South Florida Office Market
South Florida office vacancies and asking rents hold steady in fourth quarter, despite some foreclosures and discounted deals
Outside Miami’s Brickell neighborhood and downtown West Palm Beach, office landlords in South Florida faced troubling trends in the fourth quarter of last year. Older
Värde seeks $77M foreclosure against Coral Gables office complex owner
Värde Partners is foreclosing on the owner of a Coral Gables office complex for allegedly defaulting on a $68.9 million mortgage. Since August, the amount
Galium Capital snags Sunrise office building at deep discount, paying $17M
In a sign that office properties in South Florida suburbs are bargain deals, Galium Capital acquired a five-story building in Sunrise for $17 million, roughly
Miami-Dade departments getting new offices after $182M acquisition
Miami-Dade County paid $182 million for a 1970s office complex that will house various departments. An affiliate of New York-based Bushburg Properties sold The Current
Triple Double, Stonerock Capital could lose downtown Miami office buildings to foreclosure
Two years after buying a pair of downtown Miami office buildings, Triple Double Real Estate and Stonerock Capital Partners could lose the properties to foreclosure.
Panattoni picks up former Miami Herald headquarters in Doral
Panattoni Development jumped into the Doral office submarket, picking up a two-story building that previously housed the headquarters for Miami Herald and El Nuevo Herald.
YMP Real Estate adds another Broward office complex to portfolio
For the second time in five months, YMP Real Estate beefed up its commercial portfolio by acquiring a Broward County office complex. An affiliate of
Starwood Capital Sells Miramar Workplaces to YMP Serious Estate
Starwood Cash Team bought an office portfolio in Miramar for $45 million, marking a 45 p.c low cost off its acquire cost 9 decades back.
Carlos Rosso’s Normal Venture, Charles Cohen Nab Tenants
Rosetta Bakery | Midtown Miami Rosetta Bakery will open up an Italian Bakery Café and cocktail bar at The Common Residences, Midtown Miami. The restaurant