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Ten industry leaders, including an American Dream Miami consultant, will discuss the state of South Florida commercial real estate at the fifth annual MIAMI Association of REALTORS® (MIAMI) Realtors Commercial Alliance (RCA) Midyear Update. More than 100 MIAMI members will attend the event Friday at the Coral Gables Country Club.

At its 2017 Annual Installation, the Realtors® Commercial Alliance Palm Beaches and Treasure Coast (RCA), a division of the Realtors® Association of the Palm Beaches (RAPB), announced Scott Field of Realty Associates as President. Other officers installed for a 1-year term include: Ken Duke of Illustrated Properties Commercial as President-Elect, Robert Goldstein of Hospitality Consultants as Secretary, Christina Morrison of Carmel Real Estate and Management as Treasurer, and Douglas Rooks of Century 21 All Professional as Treasure Coast Chairman.

Crescent Communities, a leading developer in Orlando for more than 20 years, announced today the purchase of a 4.6-acre site slated for a walkable mixed-use development in Downtown Orlando. The site was formerly owned by Orlando Health.

The Building Owners and Managers Association (BOMA) of Miami-Dade is hosting the 2017 Commercial Real Estate Outlook Thursday, September 29, 2016 at noon. The forum which will focus on Florida’s future DNA of commercial real estate will be held at East Miami, 788 Brickell Plaza, Miami, FL 33131

Rainbow Housing Assistance Corporation (Rainbow), a nonprofit organization that provides service-enriched housing programs for residents of rental housing communities throughout the country, was honored at the recent Novogradac 2016 Tax Credit Housing Developers Conference in Miami Beach, Florida, alongside The Reliant Group during the 2016 Developments of Distinction Awards ceremony for their exceptional achievement in affordable housing development

“ARCO / Murray has extensive experience in the cold storage and distribution industries, and we understand the unique challenges of building facilities that work for companies like La Chiquita,” said Lee Dunam, ARCO / Murray Director of Business Development.

Six class-A office buildings totaling over 1.4 million square feet (1000 Waterford, 5200 Waterford, 5201 Waterford, 5301 Waterford, 701 Waterford and 703 Waterford) and two parcels of land totaling over 26 acres are included in the transaction. A new office development is currently in the planning stage on the parcel at 800 Waterford.

Miami has evolved into one of the world’s top places for commercial real estate investment, and the area’s population boom, tourist growth, and infrastructure improvements should only lead to more expansion, a prestigious panel of speakers said at the 15th annual Commercial Super Conference hosted by the Realtors Commercial Alliance

Miami-Dade County residential sales rose nearly three percent year-over-year in August while median sales prices for single-family and condominium properties continued their upward trend, according to a new report by the 38,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system.

CBRE Investment Properties arranged the sale of the Mangonia Business Park, a small-bay industrial asset of five buildings in Mangonia, LLC, Florida. The 49,024 square-foot property at 4711 Australian Avenue was acquired by Mangonia, LLC, from GA 4711 Australian Avenue, LLC for $2.4 million.

CBRE arranged the sale of a two-story, bank-anchored historic property boasting a coveted Alhambra Circle address in Coral Gables, Florida. Redavi, LLC acquired the 4,044-square-foot mixed-use building at 270 Alhambra Circle from Lotus-Sutra Corp. for $2.25 million. The property is 50% occupied by anchor tenant, Eastern National Bank. CBRE represented the seller in the transaction

Cushman & Wakefield announced today that it has brokered the sale of Deerwood Village Apartment Homes, a 328-unit, garden-style, luxury multifamily community in Ocala, Florida. Senior Director Jay Ballard and Director Ken Delvillar of Cushman & Wakefield’s Multifamily Advisory Group represented an affiliate of Brookfield Property Partners in the transaction. The buyer was Ocala FL Apartment Partners, LLC.

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CBRE has arranged the sale of a portfolio of five Class A office properties totaling 575,852 square feet in the Highland Oaks office park, a 1-million-square-foot suburban office park in Tampa, FL. An undisclosed buyer acquired the property for $111 million. CBRE represented the seller in the transaction.

CBRE arranged the sale of Bird 107 Plaza, a 40,101-square-foot, multi-tenant retail center located at 10591-10695 SW 40th Street (Bird Road) in unincorporated Miami-Dade County, Florida. Equity One Acquisition Corp. purchased the property from Bird 107 Partners, Ltd., LLLP which hired CBRE to market the asset for sale and negotiate the transaction. The purchase price was not disclosed

CBRE is pleased to welcome Scott Correale as Florida Sales Director. In this newly created position, Mr. Correale will oversee CBRE’s sales management strategy for its Occupier/Tenant Representation line of business, helping sales professionals in their strategic business development and client engagement efforts.