March 22, 2005 Miami HeraldThe Rilea Group, a development firm headed by Alan Ojeda, will construct an office tower at1450 Brickell Ave. in Miami's financial district. The $150 million, 32-story building will have 500,000 square feet of office space. No ...
March 22, 2005 Seagis Property Group, a recently formed investment firm, has completed its first acquisition.The company, formed by two former Keystone Property Trust executives who raised $250 million of equity from Principal Enterprise Capital, has paid $8.1 million for ...
March 18, 2005 South Florida Business JournalMillennium Partners is selling a 2.5 acre parcel in downtown Miami, zoned for a high-rise multi-family or retail use. The 110,000-sf property is on the south side of the Miami River. Transwestern Commercial Services ...
March 16, 2005 Miami TodayParadise International Development paid $18.8 million for two land parcels in Miami. The company acquired a 33,200-square-foot parcel on South Miami Avenue for $14 million. And it paid $4.8 million for the Provence Grill site. The ...
March 16, 2005 Corus Bank has provided a $50 million loan to Henry and Peter Torres, who are converting the Valencia apartment homes in South Miami to condominiums.Valencia was recently completed by a group of investors led by Tuckerman Group. ...
The Preferred Exchange Tower, a 203,000-square-foot office building in Coral Springs, Fla., has been sold by Aquila Property Co., which purchased it four years ago when it was run down and had a large vacancy.
March 9, 2005 South Florida Business JournalDuke Realty purchased 40 acres in Pembroke Pines, Fla., that it will develop into a 400,000-square-foot shopping center. Construction will begin next year. The company also optioned 55 acres for development of an office ...
March 3, 2005 The Miami Herald The New York-based hotelier Ian Schrager is in talks to launch a new hotel in the up-and-coming neighborhood well north of Miami Beach's main tourist districts. He's also in talks to buy a hotel ...
March 2, 2005 Elad Group Florida has paid $36 million for Poinciana Place, a recently completed luxury apartment complex in Coral Springs, Fla.Elad purchased the 222-unit property from Altman Development Corp., which was represented in the sale by Apartment Realty ...
February 28, 2005 Commercial Real Estate Direct Staff ReportDeutsche Bank has committed to provide the mortgage that would allow Strategic Hotel Capital Inc. (NYSE:SLH) to complete its $263.5 million purchase of an 85 percent stake in two upscale hotels in ...
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