MIAMI-Year-to-date statistics show a 50.3% increase in the availability of sublet office space in just the Miami-Dade County market, according to a new analysis by Cushman & Wakefield of Florida.
NAPLES, FL-The locally based bank holding company is expected to accrue $41 million in one-time, combined merger costs in a deal with Pennsylvania-based Promistar Financial. FNB is a commercial real estate lender in the area. Naples is 102 miles west of Miami.
FORT LAUDERDALE, FL-The developers of a proposed $30-million, 16-story condominium building are challenging a Broward County decision that halted plans to build Esplanade on a 1.2-acre site. Fort Lauderdale is 26 miles north of Miami.
FORT LAUDERDALE, FL-The developer of the estimated $40 million, 126-unit, 23-story L'Ambiance Beach condominium project signs seasoned condo developers Howard Wolofsky, Sam Richter and Robert Burstein to complete the under-construction venture at 4240 Galt Ocean Drive.
NORTH PALM BEACH, FL-The locally based real estate company is expanding its Palm Beach office as part of a new partnership with Royal Finance. North Palm Beach is 72 miles north of Miami.
MIAMI-The industrial-use classification allows developers to reduce off-street parking requirements on projects designed to store high-tech telecommunications equipment.
BOCA RATON, FL-The Norfolk, VA-based owner-operator of the Synergy-brand office parks acquires the five-building, 185,000-sf Sanctuary Centre Office Park from Crocker Realty Trust for $123.32 per sf. Boca Raton is 42 miles north of Miami.
LA BELLE, FL-Common stock in the agribusiness and land-holding company climbs 5.18% on the announcement that Ben Hill Griffin III requests a medical leave of absence. LaBelle is 102 miles northwest of Miami.
MIAMI-Jack Lowell, vice chairman of Codina Realty Services ONCOR International, has served on the business group's executive committee and board of governors since 1992.
MIAMI-The Miami River Commission could pick the Chesapeake, VA-based engineering and environmental consulting firm today to begin work on an urban infill and redevelopment study.