MIAMI BEACH-The two-story building that formerly housed St. Francis Hospital nurses is being demolished to make room for the $27 million, 25-story, glass-enclosed, inverted elliptical tower called 6000 Indian Creek. Construction is set to begin this summer.
MIAMI-The Naples, FL-based bank plans to build a two-story, 20,000-sf, class A building on the Fort Myers, FL tract of land. The building will act as a full-service financial center for the city.
MIAMI-The cruise line is adding 39,181 sf to its current 125,658 sf at Airport Corporate Center here. Insignia/ESG Inc. and Julien J. Studley brokered the long-term expansion deal.
MIAMI-A Michigan-based investor purchased 1011 Sumter in North Port, FL from Bell-Aire Development Group. Public Bank was the lender. Seven Eleven is leasing the 2,960-sf, single-tenant property.
MIAMI-The five include both new deals and renewals for class A and B office space at the one-million-sf-plus business park here. The leases total 26,136 sf and are worth a combined $675,000.
MIAMI BEACH-The luxury retailer is leasing 9,000 sf on two floors long term at 832 Collins Ave. and plans to open a Barneys New York Co-Op location there this fall.
MIAMI-Keystone, which originally planned to occupy the 12,000-sf space at the Colony Plaza professional complex in Bonita Springs, FL, now is talking with potential tenants about leasing half and re-selling the other half of the condo space.
MIAMI-Leasing activity slowed in Q1 by 100,000 sf in Broward County to 644,000 sf compared to the previous quarter, and direct net absorption was negative 268,318 sf. A soft market is expected until the war ends and the economy strengthens.
MIAMI-Brian Scott Holdings Inc. bought the parcels, a combined 6.93 acres, for $607,733. The parcels, and others nearby, are the future site of a major business park development, according to a broker involved in the transaction.
MIAMI-The 35,668-sf offices, where the company signed a 10-year, approximately $8.2 million lease, are at 621 NW 53rd St. in Boca Raton, FL. The company moved from Palm Beach Gardens, FL.