Archives

Michelle T. Sterling Luxury Real Estate Presents Miami Pre-Construction Condos to the World

Buying Miami pre-construction condos has a number of perks. More people and investors are learning that they can purchase new construction projects and at lower prices by investing in the early phases of the plan, otherwise known as off-plan. Sterling Luxury Real Estate is collaborating with top-tier developers of Miami pre-construction condos that offer the finest in luxury amenities and waterfront developments from sunny Miami Florida to the tropical getaway of Sunny Isles

CBRE SELLS MULTI-TENANT RETAIL CENTER IN DELRAY BEACH

CBRE arranged the sale of Delray Commons, a 68,292-square-foot, multi-tenant retail center located at 5020-5080 Atlantic Avenue in Delray Beach, Florida. Mall 5020 LLC purchased the property for $10,750,000. The seller was Delray Commons, LLC, affiliated with Boca Raton-based Pebb Enterprises, which hired CBRE to market the asset for sale and negotiate the transaction.

Cushman & Wakefield Opens Eighth Florida Office in Stuart

Cushman & Wakefield announced today that it has opened its eighth location in the state of Florida. The office, which will house seven Valuation & Advisory professionals and two support staff, is located in the Royal Palm I building at 819 South Federal Highway in Stuart, Florida

Scott Pearson of Gulf Coast International Properties Represents Buyer in Sale of $1,825,000 Home

Gulf Coast International Properties is proud to announce the sale of 2809 Tarflower Way in Estuary at Grey Oaks for $1,825,000. Scott Pearson represented the buyer. Perfectly positioned on an oversized lot, this home offers exceptional lake views. A pillared entry with distinguished Mahogany and beveled glass doors, leads to the central living area with designer flooring, large windows and spectacular views.

Household hazardous waste collection event to be held at the landfill in Tavares on...

The Lake County Solid Waste Division is encouraging Lake County residents to dispose of toxic materials in a safe and environmentally sensitive way at an upcoming Household Hazardous Waste Collection event. The County’s Household Hazardous Waste Mobile Unit will be on site from 9 a.m. – noon on Thursday, July 2 at the Central Solid Waste Facility Collection Center, located at 13130 County Landfill Road, Tavares.

The Single Most Expensive Residential Lot on Hillsboro Mile Sells For $10 Million

Today, Whitaker Realty and Todd Kirkpatrick closed on the ultra luxury property at 923 Hillsboro Mile. Located in a high-end neighborhood tucked between the ocean and the Intracoastal Waterway, this 92,000 SF property boasts the highest ever price tag for a single buildable lot on Hillsboro Mile.

C&W Promotes Cynthia Townsend to Project Manager

Ms. Townsend joined the Florida Investor Services Project Management Group in 2012 as a Project Coordinator in Orlando before transferring to Cushman & Wakefield’s Tampa office in 2014. In this role, she developed and maintained project budgets and timelines, assisted brokers with business development needs, conducted building evaluations, contracted consultants and construction teams, and managed client relocation.

TAMPA BAY MAKES BIGGEST YEAR-OVER-YEAR JUMP ON CBRE’S ANNUAL GREEN BUILDING ADOPTION INDEX

With over a third of its office space considered “green,” Tampa Bay ranked 17th out of 30 markets on the 2015 Green Building Adoption Index, a joint project of CBRE Group, Inc. and Maastricht University. The Tampa Bay market made the largest leap in the survey this year, moving into 17th position, up from 22nd.

MIAMI RANKS NINTH ON CBRE’S ANNUALGREEN BUILDING ADOPTION INDEX

For the purposes of this report, “green” office space is defined as holding either an EPA ENERGY STAR label, U.S. Green Building Council (USGBC) full-building LEED certification or both. Using square feet as a measure, 41.6% of Miami’s office market is “green” – well above the national average of 38.7%. Moreover, Miami ranked particularly well in terms of number of buildings considered green – over 17%. By square feet, 21.84% of Miami’s office market has a LEED certification, and over a third of the office market is ENERGY STAR rated.

Easton & Associates Brokers Sale of Multifamily Property on North Miami Beach for $3.47...

David Olalde of Easton represented the buyer, 7640 Carlyle Associates, LLC, who paid $3,470,000 for the property.The buyer is a private investor from New York City that owns about 250 residential units in the metropolitan area

Florida Realtors® Part of Gov. Scott’s Business Mission to France

Representing Florida’s Realtors and the interests of the state’s real estate industry, Florida Realtors® President Andrew Barbar and CEO Bill Martin are back from a recent trade mission in France with Gov. Rick Scott and key business leaders. The group met with French companies and individuals to emphasize the affordability and opportunities for real estate investment in Florida and to show “Florida is a great place to do business.”

St. Lucie County Sees Double Digit Increase for 9th Consecutive Month

“For the 9th consecutive month, St. Lucie County has seen a double digit increase in median sale price of single family homes. Both buyers and sellers are benefiting from this significant boost in our market indicators. Sellers are motivated by the steady equity increase being recuperated, and buyers gain the advantage of our reasonably priced homes compared to surrounding areas. St. Lucie County is poised for major growth and re-development.” ─ Kathy J. Slusser, Northern Vice President of the Realtors® Association of the Palm Beaches (RAPB).

Martin County Drops to Unprecedented Months Supply of Inventory

“May’s inventory of single family homes in Martin County has dropped 35% from last year to an unprecedented 4.8 months. Although the median sale price remained virtually unchanged, the average sale price moved up 13% to $416,314 compared to last year. All great news to hear if you are a Seller, but a Buyer will have fewer opportunities to find those “deals”.

CFO Atwater Announces the Arrest of Two West Palm Beach Residents for Attempting to...

Florida Chief Financial Officer Jeff Atwater today announced the arrest Thomas Harry Penquite and Maria Lourdes Gutierrez, both of West Palm Beach, after an Office of Fiscal Integrity investigation discovered that the two allegedly concocted an elaborate scheme designed to steal more than $730,000 from the state of Florida’s unclaimed property program

Fla.’s Housing Market: Prices Up, Inventory Tighter in May 2015

Tightening inventory continued to impact Florida’s housing market in May, according to the latest housing data released by Florida Realtors®. Realtors across the state reported rising median prices and fewer days on market for both existing single-family homes and for townhouse-condo properties. Closed sales of existing single-family homes statewide totaled 24,789 last month, up 7.7 percent over May 2014

Mana Adds Another Property To His Flagler Street Monopoly Board

Israeli businessman Moishe Mana has purchased a 6,000-square-foot Flagler Street retail property, located close to the corner of East Flagler and NE 1st Avenue. The building, 110 East Flagler, situated on a 6,194-square-foot parcel, was fully occupied at the time of purchase, including tenants 7-11 and Optimy Stik Eyewear.

CBRE TO MARKET ST. TROPEZ APARTMENT COMMUNITY IN PLANTATION’S MIDTOWN BUSINESS DISTRICT

CBRE has been retained as exclusive broker for the sale of St. Tropez, a value-add apartment property located in the highly desirable Midtown Business District of Plantation, Florida. The gated community at 8000 Cleary Boulevard includes 376 townhome-style units situated in 29 two-and three-story buildings spanning approximately 38 acres

CBRE TAPPED TO MARKET 1,400-ACRE INDUSTRIAL BUSINESS PARK IN WEST CENTRAL FLORIDA – TAMPA...

CBRE has been retained as the exclusive advisors for a 1,400-acre development site named “Lakeside Station,” located on the southeast corner of Park Road and US-92 in Plant City, Florida, approximately 15 minutes outside of Tampa. The business park is currently home to significant users. The landowners are looking to re-introduce the rest of the property to current users in the market.

McCraney Property Company Secures New 99,214 SF Tenant 60 Days Before Building CO...

McCraney Property Company, a leading developer of modern high-finish industrial properties, secured a new lease for 99,214 square feet 60 days prior to Certificate of Occupancy (CO) at Bent Oak Industrial Park, Building 200, in Orlando, Fla. The transaction with Shepard Exposition Services, an Atlanta-headquartered national event service enterprise focusing on trade shows and experiential marketing, represents a relocation and expansion within the Central Florida market

CBRE TO MARKET 50-ACRE HOTEL DEVELOPMENT SITE IN HEART OF ORLANDO’S TOURISM CORRIDOR

CBRE has been selected as the exclusive listing agent for a 49.7-acre hotel/timeshare site located on the south side of I-4, directly across from the new $200+ million Disney Springs redevelopment of Downtown Disney in Orlando, Florida – the number one tourist destination in the world.

Popular Government & Nonprofit Press Releases

Colombia tops all Foreign Searches for Miami Real Estate

Colombia continues to lead all foreign countries searching for South Florida real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). The South American nation finished as the top international country using MIAMI’s search portal, www.Miamire.com, in May 2016. Colombia has now led the rankings for six consecutive months

Recent Government & Nonprofit Press Releases

Buchanan Slams “Nightmarish” Conditions at VA Nursing Homes

Congressman Vern Buchanan today demanded answers from the Department of Veteran Affairs after reports of deplorable conditions and neglect at VA nursing homes across the nation.