The Real Deal Miami

  • map Aerial map of the South Beach collection

    Tenants of the South Beach apartment assemblage that just sold for $59 million are worried about rent spikes. A new report from ratings agency Fitch Ratings says Miami’s housing market is overvalued. And developers have proposed a new building directly next to the upcoming Paraiso Bay complex in Miami’s Edgewater. Read these stories and more after the jump. … [more]

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  • The Blue Room inside Elizabeth Taylor's home ©Catherine Opie, Courtesy of Regen Projects, Los Angeles and Lehmann Maupin, New York & Hong Kong

    The Blue Room inside Elizabeth Taylor’s home ©Catherine Opie, Courtesy of Regen Projects, Los Angeles and Lehmann Maupin, New York & Hong Kong

    When social documentary photographer Catherine Opie embarked on the project of documenting the home of actress Elizabeth Taylor in November of 2010, no one could have anticipated just how timely her visit was. [more]

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  • Portfolio of Broward shopping centers lists for $10.9M

    Asking rents range from $12 to $15 psf triple-net
    February 08, 2016 04:30PM By Katherine Kallergis
    Commercial Plaza in Tamarac

    Commercial Plaza in Tamarac

    Three retail centers in Tamarac and Lauderhill have hit the market for $10.87 million, Colliers announced on Monday.  [more]

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  • Apple to open largest Florida store at Brickell City Centre

    Other tenants include Valentino, Chopard, Stuart Weitzman, IRO, Coach
    February 08, 2016 04:00PM By Ina Cordle
    BCC-+-Apple (1)

    Rendering of Brickell City Centre and Apple

    Apple will launch its largest store in Florida at the upcoming Brickell City Centre, sources told The Real Deal. [more]

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  • Inside therealdeal.com

  • The week in luxury: A map of Miami-Dade’s priciest condo sales

    An interactive look at where the biggest deals were struck
    February 08, 2016 03:45PM By Sean Stewart-Muniz
    map Unit 1804 at the ASIA complex on Brickell Key and a map of most expensive condo sales last week

    Take a look at the most expensive condos that were sold in Miami-Dade County last week, courtesy of The Real Deal and Condo.com. … [more]

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  • These are Palm Beach County’s top office tenants

    Headquarters for Office Depot, ADT and Sunbeam Products among largest tenants
    February 08, 2016 03:00PM By Ina Cordle
    Office Depot's Boca Raton headquarters

    Office Depot’s Boca Raton headquarters

    Palm Beach County’s top 15 office tenants occupy a total of more than 3 million square feet with Florida Power & Light topping the list with its nearly 900,000-square-foot Juno Beach headquarters, according to The Real Deal‘s analysis of CoStar Group data. [more]

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  • Investor gets nearly $12 million for Miami medical offices

    Offices were 90 percent occupied at time of sale
    February 08, 2016 02:15PM
    The Sunset Medical Plaza at 9035 Southwest 72nd Street in Miami

    The Sunset Medical Plaza at 9035 Southwest 72nd Street in Miami

    The owner of a once-foreclosed medical office building near Dadeland Mall just closed on an $11.8 million sale of the property. [more]

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  • Argentinian journalist buys at Asia in Brickell Key: $2.55M

    Unit last sold for $1.8M in 2012
    February 08, 2016 01:30PM By Katherine Kallergis
    Asia and Jorge Lanata

    Asia tower and Jorge Lanata

    A Brazilian entrepreneur who formerly led Nivea Brasil and Philips Latin America has sold his Brickell Key condo to Jorge Lanata, an Argentinian journalist. [more]

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  • Multifamily sector soars — will it last?

    Rents rose 5.8% in Miami-Dade last year to average $1,197 a month, or $1.44 psf
    February 08, 2016 12:45PM By Dan Weil
    A rendering of the upcoming Loftin Place apartment community in West Palm Beach

    A rendering of Loftin Place apartments in West Palm Beach

    Sales of apartment properties totaled a record $2.8 billion in South Florida last year, according to CBRE, as new residents flocked to the area and people continued to shift from homeownership to rentals. [more]

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  • Sunset Island mansion back on the market after $2M price cut

    Home was designed by noted Miami architect Russel Pancoast
    February 08, 2016 12:00PM By Sean Stewart-Muniz
    The waterfront mansion at 1616 West 28th Street and EWM agent Nelson Gonzalez

    The waterfront mansion at 1616 West 28th Street and EWM agent Nelson Gonzalez

    A waterfront mansion on one of Miami Beach’s Sunset Islands is back on the market after its price was cut by $2 million to $11.9 million. [more]

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