On Tuesday, the Palm Beach County Commission approved Transit Village LLC, a company managed by Boca Raton businessman Michael Masanoff, as the developer for the 5.7-acre site known as “the wedge.” The project calls for 600,000 to 950,000 square feet of office, educational and retail space, plus hotel and housing units.
Steven J. Medwin will head the Jones Lang LaSalle’s brokerage business for South Florida. His responsibilities will include managing the landlord and tenant representation teams for both office and industrial real estate.
Office leasing has increased each quarter this year, with banks and law firms making moves. This is a boost for Miami-Dade’s office market, which was slow in 2009. But new office buildings, coupled with fewer tenants coming into the market, are adding to vacancies, as existing tenants are signing most of the deals.
Cushman & Wakefield recently announced that Wachovia Financial Center was named Outstanding LEED EB Project by the U.S. Green Building Council (USGBC) South Florida Chapter’s Galaverde Awards.
The Palm Beach County-based medical device company will relocate its offices from Palm Beach County to a 15,000 square foot corporate office in the UM LSTP’s first building.
Catarina Jimenez, Gavin Macphail and Richard Schuchts of Jones Lang LaSalle will lead leasing and marketing efforts for the 252,000sf phase one building of the University of Miami’s Life Science & Technology Park in Miami.
The former Bank of America Tower at International Place, more recently known as Miami Tower, located in downtown Miami, is for sale and could fetch as much as $120 million.
San Antonio-based investment adviser USAA Real Estate Co. has officially sealed its deal to acquire the high-profile Las Olas Centre in downtown Fort Lauderdale for $170 million.
The Exchange offers unique ownership and lease opportunities available in the heart of Ft. Lauderdale Uptown.
Sanctuary Centre offers a prime location and rare business advantages.