Tourmaline Capital Buys Coral Gables’ Columbus Center
South Florida
Mar 18, 2025

Tourmaline pays $76M for Coral Gables office complex facing foreclosure

Lender Värde Partners had alleged the previous owner, Affinius Capital, defaulted on a $69M debt
JCT Management Sells Dania Beach Offices to Triarch for $18M
South Florida
Mar 17, 2025

Triarch, partners buy Dania Beach’s Airport Commerce Park for $18M, amid a South Florida office market paradox 

Purchasing entity also ties to Sarah and Sergio Selcer
Developer SAJ Eyes Office-to-Resi Conversion in Lafayette
San Francisco
Mar 14, 2025

Developer eyes office-to-resi conversion in wake of YIMBY lawsuit in Lafayette

SAJ wants to replace three office buildings with 90-unit apartment building
Lotis nabs another construction loan for Wellington mixed-use project
South Florida
Mar 5, 2025

Lotis nabs another construction loan for Wellington mixed-use project

Amerant Bank provided $28M in financing for development featuring retail, offices, restaurant outparcels and daycare facility
DWS Group, Kimco Realty, Las Olas Co. Nab Tenants
South Florida
Mar 3, 2025

Lease roundup: Transwestern moves to Coral Gables, Chef Michelle Bernstein and restaurateur David Martinez opened a restaurant at Palms at Town & Country

Also,  Fort Lauderdale’s Thrive Arts District is getting six tenants
CGI Merchant Facing Foreclosure For Coral Gables Offices
South Florida
Feb 28, 2025

Foreclosure woes worsen for Raoul Thomas’ CGI Merchant Group

His firm recently lost Coconut Grove HQ at auction to Torose Equities, and now another lender is breathing down his neck in Coral Gables
Nightingale’s lender takes over Miami Beach building tied to Elie Schwartz scandal
South Florida
Feb 27, 2025

Nightingale’s lender takes over Miami Beach building tied to Elie Schwartz scandal

Eight-story mixed-use project is in a prime spot, but buyers will seek price discount, brokers say
Doug Levine Sells Wynwood Office Condos For $24M
South Florida
Feb 27, 2025

Doug Levine cashes out of another Wynwood project, sells office condos for $24M

Crunch Fitness founder sold two fully leased floors at mixed-use building featuring Monster Energy as main tenant
Constellation, Boschetti switch Coral Gables multifamily project to “wellness condos” 
South Florida
Feb 25, 2025

Constellation, Boschetti switch Coral Gables multifamily project to “wellness condos” 

13-story, 74-unit project will include red light therapy, wellness concierges and a Jaume Plensa sculpture
Verizon leases at Waterford Business District after selling its HQ near Doral
South Florida
Feb 25, 2025

Verizon leases at Waterford Business District after selling its HQ near Doral

At 51.5K sf, it marks South Florida’s largest lease so far this year, brokers say
Project Planned at Broward’s Seville Mobile Home Park
South Florida
Feb 25, 2025

Developer plans 750-unit multifamily project in Hallandale Beach, amid continued redevelopment of South Florida mobile home parks 

Six-building project also could include 25K sf of retail and 44K sf of offices
Monarch, Tourmaline Nab Five New Tenants at 801 Brickell
South Florida
Feb 24, 2025

Lease roundup: Monarch, Tourmaline score Eastdil, Varonis and other office tenants in Brickell

Also, restaurant BondST on tap in Bay Harbor Islands
Edgewater Dev Site in Miami Hits Market For $32M
South Florida
Feb 21, 2025

Edgewater dev site in Miami hits market for $32M, as partners abandon plans for mixed-use tower

Karl-Ulrich Ansorg, Yakov Elbaz, Ofir Gabriel and Amit Kort previously planned a 44-story high-rise with condos, offices and retail
OptimumBank Files Foreclosure on Hallandale Beach Dev Site
South Florida
Feb 19, 2025

Coastline hit with $5.8M foreclosure on Hallandale Beach dev site, as South Florida debt woes continue

Eyal Mehaber and Justin Zeig, trustees for the borrower, also are named in the suit
Adam Neumann’s Flow, Canada Global, Asana Score Leases
South Florida
Feb 18, 2025

Lease roundup: Morgan Stanley renews at Flow and Canada Global’s Aventura Corporate Center 

Also, PM Fish & Steak House’s owner plans a new restaurant concept in Coconut Grove
Avison Young Panel Dishes On South Florida Office Market
South Florida
Feb 14, 2025

South Florida’s older, suburban office buildings ripe for deep discounts and conversions: panel

Avison Young’s Mark Rose and firm’s other top brokers noted tri-county office market’s pandemic-fueled momentum is losing some steam
Lone Star Funds, Highline, Square2 Buy Fort Lauderdale Tower
South Florida
Feb 14, 2025

Lone Star Funds, Highline, Square2 buy Bank of America tower in downtown Fort Lauderdale for roughly $220M

It marks second major office investment sale in the city this week