South Florida real estate in brief

Miami /
Jul.July 06, 2009 05:26 PM

1101 Brickell renovation to cost $12 million
Tibor Hollow, chairman and president of Florida East Coast Realty, announced last week that the company plans to invest $12 million to renovate 1101 Brickell, which the company purchased from Africa-Israel properties. The planned renovations include restaurant and retail space, mechanical upgrades and landscaping.

LXR modifies buildings to aid local turtles

LXR Luxury Resorts has modified the private peninsula on which its One Thousand Ocean condominium is located to preserve the sea turtle nesting beach on the site. LXR hired Coral Gables-based Coastal Systems International, a consulting firm, to address environmental issues in the area, according to a press release. One Thousand Ocean’s lighting has been modified to make it turtle-friendly. So as not to misdirect the turtles away from the ocean, the lighting will be filtered so that only 45 percent of the building’s interior light will make its way outside. The building is expected to be completed by the end of this year.

Shoppes of Weston sold for $7.9 million

The Shoppes of Weston, a 20,950-square-foot shopping center at 1908-1952 Weston Road in Weston, recently sold for $7.9 million, or $377 per square foot. Marcus & Millichap vice presidents Michael Zimmerman and Barry Wolfe represented the seller, a limited liability company from Cooper City. An outside broker represented the buyer, a limited liability company from Hollywood. TRD
 


Related Articles

arrow_forward_ios
Buyer Armen Avanessians and 157 Peruvian Avenue (Goldman Sachs, Realtor.com, iStock)
Former Goldman Sachs exec drops $12M on Palm Beach home
Former Goldman Sachs exec drops $12M on Palm Beach home
10181 US Highway 98 West and 39 Sandy Dunes Circle (LoopNet)
Florida Panhandle estate sold for $25M
Florida Panhandle estate sold for $25M
From left: Christopher Galvin, Cindy Galvin, Jeffrey Walker and an aerial view of 662 Island Drive in Palm Beach (Florida Parcels, Colliers, LinkedIn/Jeffrey Walker, iStock)
Trust linked to Motorola heirs buys Palm Beach estate for $46M
Trust linked to Motorola heirs buys Palm Beach estate for $46M
Netscape co-founder Jim Clark and 2000 South Ocean Boulevard in Manalapan (Getty, Sotheby's)
Manalapan compound poised to sell for Florida-record $175M
Manalapan compound poised to sell for Florida-record $175M
Paulo Bacchi with  Hibiscus Island (iStock)
Artefacto owner sells waterfront Hibiscus Island lot for $11M
Artefacto owner sells waterfront Hibiscus Island lot for $11M
Matthew Bires, co-founder of film studio A24, in front of 11 La Gorce Circle (LinkedIn/Matthew Bires, Redfin)
A24 film studio’s co-founder drops $16M on non-waterfront homes in Miami Beach
A24 film studio’s co-founder drops $16M on non-waterfront homes in Miami Beach
The property at 1020 North Lake Way with Allison and Warren Kanders (Getty, Google Maps)
Safariland CEO criticized for selling tear gas flips Palm Beach home for $40M
Safariland CEO criticized for selling tear gas flips Palm Beach home for $40M
The property at 291 Ocean Boulevard (1 Oak Studios)
Software billionaire to pay over $90M for oceanfront Golden Beach teardowns
Software billionaire to pay over $90M for oceanfront Golden Beach teardowns
arrow_forward_ios

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

Loading...