HIALEAH, FL—Industrial has been a hot story in South Florida—and in pockets of the Southeast—through early 2012. In early January, Flagler Real Estate Services inked what's considered to be Florida's largest industrial deal in two years, as well as the largest in South Florida in more than four years. Bullet Line took down 475,000 square feet of space at Centergate at Gratigny, adding to the more than one million square feet of lease transactions that have closed at the mixed-use Hialeah business park since Flagler took over as asset manager two years ago.
Purgatory. It may be the best word to describe the commercial real estate world in 2009. Sellers weren't selling. Buyers weren't buying. Lenders weren't lending. And fear prevailed.
MIAMI—Many closings come down to the wire, and some even have twists and turns as they do. Lately, creative deal-making strategies are taking center stage in South Florida.
Walker & Dunlop just turned 75 years old, but the company is more nimble than ever after shattering its plan to grow revenues, operating and net income five-fold in five years Walker & Dunlop has been an industry pioneer for nearly eight decades. And with its recent market moves, the Bethesda, MD-based firm is now one of the largest such organizations in the commercial real estate finance industry.
MIAMI—Why did South Beach Tristar decide to exit Lincoln Road now? David Edelsten, president of the company, explains the firm's history on the famed retail strip and why now was the right time to sell.
MIAMI-A new survey dives in to the ins and outs of what's driving Miami's economic growth--and what's holding it back. See if you agree with the Bilzin survey.
MIAMI—Terranova, Acadia are officially the largest pure retail owners on MIami Beach's famed Lincoln Road. Find out what they are making such a big push on this famed retail strip.
PALM BEACH, FL—KRES Commercial's Tom Burst tells GlobeSt.com's Jennifer LeClaire why this deal made such a major impact on the North Palm Beach County office market--and what to expect next.
The firm is off to an aggressive start, with offices in six counties: Broward, Palm Beach, Martin, St. Lucie, Indian River, and Brevard. Find out what the principals feel sets their brand apart from the competition.
According to Arden M. Karson, who oversees Related's acquisitions, distressed debt, and strategic operations, the Promenade transaction demonstrates the renewed availability of bank financing and market confidence.
