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E-Commerce Marketing Company Signs Largest Office Lease in a Year in Fort Lauderdale's Cypress Creek Submarket
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The Cypress Creek office market in northern Fort Lauderdale, FL snagged its largest lease in a year as e-commerce marketing company Tambourine signed on for 25,000 square feet at Trade Centre South. Tambourine will more than triple its space when it moves into the 225,000-square-foot building at 100 W. Cypress Creek Rd. in January, said […]

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Philadelphia Multifamily Investor Enters Tampa Market with 208-Unit Apt. Buy
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Balfour Beatty Communities, a subsidiary of Balfour Beatty Investments, made its first ever purchase in the Tampa market, expanding its Florida presence. The multifamily investor partnered with Houston-based private investor and fund manager ApexOne Investment Partners to acquire the 208-unit Providence at Zephyr Ridge from the property’s developer, Lake Mary, FL-based Providence One Partners LLC, […]

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Avanath Capital Adds to Growing Affordable Housing Portfolio
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A California-based real estate investment manager has added to its portfolio of affordable and workforce housing with acquisitions in New Jersey and Florida, totaling 273 units for a combined $29.4 million. The moves by Avanath Capital Management LLC of Irvine, CA, are part of its strategy to purchase affordable housing complexes in areas where there […]

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Rental Townhomes in Hollywood Fetch $23M
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A private investment firm searching for multifamily properties across Florida has paid almost $22.78 million, or more than $330,000 per unit, for the Royal Oaks Townhomes, a rental community in Hollywood, FL. Preston Giuliano Capital Partners LLC bought the 69-unit development at 3200 Stirling Rd. from Royal Oaks United LLC of Miami. The seller acquired […]

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Parkland shooting suspect spoke of violent 'voices' in his head
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//delivery.vidible.tv/jsonp/pid=56c21811e4b009d9eacb4ef9/vid=5b66b4b9c0e0af2229788783/5643911267b62318603bce5a.js?m.embeded=cms_video_plugin_releases.aol.com Nikolas Cruz, the teen who confessed to having killed 17 people at a Florida high school, told investigators that he heard voices in his head telling him to “burn, kill, destroy” and that he tried but failed to kill himself two months before the massacre, according to a just-released transcript of his first formal […]

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Popeyes Moving Headquarters to Miami From Atlanta, Reports Say
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A rendering of the building that Popeyes and Burger King will share when the brand moves to Miami, Florida. After building a base in Atlanta, the Popeyes restaurant chain appears to be moving its headquarters to Miami, according to published reports. The South Florida Business Journal reported last week that Restaurant Brands International, which owns […]

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Colliers Starts Net Lease Specialty in South Florida
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Colliers International South Florida has hired a veteran broker to launch a net-lease specialty, a mundane but booming niche in commercial real estate. ARONSONDoug Aronson has joined Colliers’ Boca Raton, FL office as a senior vice president. In his new role, he will head the global commercial real estate servic

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Greatest Economy Ever
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2018 is approaching the scale of what was described as “the greatest global economy ever” – 2007. It now takes 48.6 views of a job before today’s “Buyers’ Market Candidates” submit one resume. At the height of 2007, it took 54 “views” before a candidate submitted one resume. But that does not mean we are […]

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'Never seen it this bad': Toxic red tide hits Florida
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//delivery.vidible.tv/jsonp/pid=56c21811e4b009d9eacb4ef9/vid=5b6392230822e83c1fe108d4/5643911267b62318603bce5a.js?m.embeded=cms_video_plugin_releases.aol.com In South Florida this summer, one ecological scourge has piled on top of another. Read more…

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Boston-Based Investor Picks Up Center of Winter Park for $72.8 Million
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Boston-based investor AEW Capital Management acquired the 244,977-square-foot Center of Winter Park shopping center in Winter Park, FL for $72.75 million, or about $299 per square foot. AEW Capital Management acquired the retail center from Sterling Organization. The Palm Beach, FL-based retail investor acquired the N. Orlando Ave. property with the firm’s value-add institutional fund, […]

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