3030 at Aventura
European buyer Novalis has paid $6 million for 17 units at the 3030 at Aventura condominium in Aventura. The deal worked out to an average of $155 per square foot. At the peak of the market, properties at the 45-unit project sold for around $400 per square foot. “In the last year, several very interested foreign buyers came armed with cash, but the timing just wasn’t right,” said Keller Williams’ Brigitte Lina Lombari. [more]
Aventura Optima Plaza, a LEED Gold-certiifed office complex in Aventura, has completed construction and is on track for delivery in July 2012, according to Colliers International South Florida. The 117,000-square-foot project, which is located at 21500 Biscayne Boulevard, has solar panels that produce 48 kilovolts of electricity each day. The project also has a 20,000-square-foot landscaped “green roof” above its garage building, with a jogging trail, exercise rooms and a juice bar. It was designed by Mexican firm Arquitectos Brom Asociados, in association with Behar Font and Partners. — Alexander Britell Comments
The Aventura Mall is getting a new tenant, Tag Heuer, which will enter a 1,200-square-foot space by the end of the year after construction is complete, according to the South Florida Business Journal. The project, which has been undertaken by Shawmut Design and Construction, is the company’s first standalone store in South Florida, the latest in a slew of luxury retailers heading to the mall. [more]
Two tenants have signed leases to expand and renew at Aventura’s Aventura Industrial Center, bringing the park to 100 percent occupancy. DFASS Group signed a deal for 52,770 additional square feet, and Kansas Marine expanded its lease by 30,709 square feet. Including the renewals, the two deals represent a total of 302,825 square feet of space. Both firms are food suppliers. “The two are leaders in the industry,” said Wayne Ramoski of Cushman & Wakefield. Both transactions run for between five and seven years. [Miami Today] [more]
South Florida’s existing homes sales showed gains again in June and July, with moderate-priced homes and condos seeing the most activity.
“The high end of the market, which is the most challenging, is beginning to show signs of activity. However, the most active segment of the market in Southeast Florida remains single-family homes under $250,000,” said Charles Richardson, regional senior vice president at Coldwell Banker.
Inventory in the $250,000-and-under price range is down to 5.7 months in Broward County and 7.8 months in Miami-Dade County. “This is good news compared to the 13-month inventory this past January,” Richardson said. [more]
Hurricane Wilma destroyed the balconies and hallways of the El Dorado
condominium in 2005, and residents of the Aventura building are still
waiting for a resolution to their problems. They borrowed $15 million
to get the damage fixed, and have sued QBE Insurance for reimbursement.
They’re among the 72 plaintiffs that have sued ABR, the biggest private
insurer of condo associations in the state. Buckley Towers in North
Miami Beach needs the money for repair before two of its buildings get
condemned by Miami-Dade County. [more]
Adam Kaufman, an Aventura developer who is accused of strangling his wife, Eleonora “Lina” Kaufman, has been released on bail. A judge ruled in early June that Kaufman would stay in jail until tried. But now Kaufman, 33, will be released on $500,000 bond, a circuit court judge ruled today. Prosecutors have alleged that Kaufman strangled his wife in the bathroom of their home and then claimed she had fallen and hit her neck. [more]
Developer Adam Kaufman, 36, of Aventura will remain behind bars until he stands trial for second-degree murder in the slaying of his wife, Eleonora “Lina” Kaufman, 33. He was arrested in April and charged with her murder after her body was found in the bathroom of the family home. Miami-Dade Medical Examiner Bruce A. Hyma called the death a homicide by mechanical asphyxiation. Adam Kaufman’s lawyer previously argued that accidental poisoning from a spray tan could have contributed to her death. [more]
The attorney for Adam Kaufman, the Aventura developer on trial for the
death of his wife, Eleonora Kaufman, said a spray tan could have been
responsible for her death in November 2007. Dr. Bruce A. Hyma, the
chief medical examiner, ruled in April that she died from mechanical
asphyxiation. Attorney Bill Matthewman said in a bond hearing that
arsenic or some other accidental poison in a spray tan, which Eleonora
got the day before she died, led to her death. [more]
Aventura developer Adam Kaufman is scheduled for arraignment in
Miami-Dade Circuit Court on charges he strangled his wife to death 18
months ago. Kaufman claims his wife, Eleonora ”Lina” Kaufman, 33,
fell and hit her neck on a magazine rack. Kaufman, 36, is senior vice
president of Aventura’s Global Marketing Group, a developer of high-end
condos.
[more]
