South Florida real estate in brief

Miami /
Jun.June 26, 2009 05:59 PM

Corcoran to market Landmark
The Corcoran Group has been named the exclusive sales and marketing agent for the Landmark in Palm Beach Gardens. The building is nearly 70 percent sold, according to a press release, with move-ins slated to begin this summer. The developer previously handled the building’s sales and marketing. The two- and three-bedroom units range in price from $299,000 to more than $1 million. Amenities include valet parking, swimming pool and fitness center.

Average unit discount hits $357,500
The nearly 900 units in the Condo Vultures database that closed in the first five months of 2009 saw an average discount of 54 percent, or $357,000, according to a report from the real estate consultancy. The average price reduction was 44 percent in 2008 and 29 percent in 2007. The Condo Vultures database includes nearly 3,800 condos, townhouses and single-family houses east of Interstate 95 in Miami-Dade, Broward, and Palm Beach counties.

Miramar Park of Commerce lowers rents
Miramar Park of Commerce has reduced rents to 1985 prices in an attempt to lease 300,000 square feet of vacant warehouse, office and flex space. Flex and office space is now available for $5.95 per square foot, a discount of nearly $5 from recent rents. Companies with space in the Miramar Park of Commerce include American Express, Federal Express, Neiman Marcus and Sears. TRD
 


Related Articles

arrow_forward_ios
(Getty)
Palm Beach County voters approve $200M affordable housing bond
Palm Beach County voters approve $200M affordable housing bond
2169 Driftwood Circle with Frank Seminara (Getty, Michael Laurenzano)
Change up: Pitcher turned financial adviser buys in Palm Beach Gardens
Change up: Pitcher turned financial adviser buys in Palm Beach Gardens
Drawbridge's Jason Elmer with 11757 Elina Court (LinkedIn, Google Maps)
Cybersecurity founder nabs Palm Beach Gardens house for $9M
Cybersecurity founder nabs Palm Beach Gardens house for $9M
PulteGroup’s Brent Baker and the Palm Beach Gardens (Google Maps, Getty)
PulteGroup buys more Avenir home sites in Palm Beach Gardens
PulteGroup buys more Avenir home sites in Palm Beach Gardens
11733 Valeros Court in Palm Beach Gardens with PharmaCord's Nitin Sahney (Google Maps, LinkedIn, Getty)
Healthcare CEO buys Palm Beach Gardens house for $8.8M
Healthcare CEO buys Palm Beach Gardens house for $8.8M
Brick & Timber's Glenn Gilmore and Jesse Feldman with 215 NW 24th Street (LinkedIn, Brick & Timber, Google Maps)
Lease roundup: Brick & Timber, UBS nab tenants
Lease roundup: Brick & Timber, UBS nab tenants
Jennifer Hyland, John Hackett and Pamela Liebman with the new office at 2000 PGA Boulevard in Palm Beach (Corcoran, Getty)
Corcoran opens Palm Beach Gardens office
Corcoran opens Palm Beach Gardens office
Gatsby FL president Babak Ebrahimzadeh and a rendering of 11200 RCA Center Drive in Palm Beach Gardens (LinkedIn/Babak Ebrahimzadeh, Gatsby FL, Getty Images)
Gatsby picks up Palm Beach Gardens mixed-use dev site for $17.5M
Gatsby picks up Palm Beach Gardens mixed-use dev site for $17.5M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...