Two Miami developers just paid $3.33 million for a development site west of Little Havana, and are now seeking approvals to build a new apartment complex. Sergio Concepcion and Carlos Luis just closed on their purchase of an assemblage of commercial parcels at 61 Northwest 37th Avenue, altogether covering about 39,140 square feet of [...]
A retail and office building in downtown Miami, built in 1910, has hit the market for $18 million. The multi-tenant building, at 39 Northeast First Avenue, has 19,651 square feet of interior space on a 7,500-square-foot lot, according to property records. It is listed on CoStar as a redevelopment project. The price equates to $916 per [...]
The Miami City Commission took the first step in approving Moishe Mana’s ambitious plan to create an international business, cultural and entertainment-focused campus in Wynwood. Commissioners on Thursday gave preliminary approval for the “Mana Wynwood Special Area Plan,” which would grant the developer several zoning changes that would [...]
A Sunset Islands home owned by a Panamanian entity tied to a prominent Swiss banker is on the market for $13.9 million. The six-bedroom, 5,400-square-foot home was built in 1941 and sits on a corner lot on Sunset Island III. Property records show Mimbrera Holdings Inc. owns the house. Directors of the company, based in Panama, include [...]
Looking to increase its revenue base, the Wynwood Business Improvement District, or BID, took the initial step needed to expand its boundaries on Thursday. At its regular monthly meeting, the BID’s board voted to begin the process of drafting legislation that would redraw the district’s map to include several dozen commercial properties [...]
A prominent Colombian couple just paid $8.8 million for a waterfront home on Miami Beach’s La Gorce Island. 68 La Gorce LLC, a company controlled by Jorge E. Mattos Barrero and Sofia Patricia Toja Mondragon, bought the 6,190-square-foot home at 68 La Gorce Circle. Mattos and his brother Carlos Mattos represented Hyundai exclusively in [...]
About two years after Thor Equities bought the former NEST building in Miami’s Design District, the New York-based firm is looking to flip the property, now leased to Stefano Ricci. HFF is marketing the fully leased building at 120 Northeast 39th Street without a price, broker Luis Castillo told The Real Deal. The luxury Italian retailer [...]
In a 1938 warehouse in Allapattah, McKenzie has built out its construction, design and craft services under one roof. The company, founded in 2005 by owner Gavin McKenzie in his South Miami home, now operates out of the 25,000-square-foot building it gutted, designed and redeveloped – a company HQ that also serves as a showroom, McKenzie [...]
Scotch & Soda, the trendy Amsterdam-based retail chain, will open its first store in Wynwood, as the neighborhood continues to attract high-end shops, The Real Deal has learned. The store has signed a lease for 2,300 square feet at 2310 Northwest Second Avenue, and will relocate its shop from Miami’s Design District, Irma Figueroa, director [...]
As downtown Miami’s Flagler Street continues to evolve, a historic building is now up for grabs. Built in 1936, the historic Walgreens building is currently home to La Epoca Department Store. Habitat Development Corp., led by the Alonso family, owns the property at 200 East Flagler Street. Its TDRs, also known as air rights, are also for [...]