Archive for Industry News

Brother and Sister Team Form New CRE Company

Oct 27, 2010 No Comments

Jay Whelchel and Kristy Whelchel Hartofilis have joined forces to open Whelchel Partners Real Estate Services, Inc., specializing in leasing, property management, sales and other custom real estate services for the office, medical, retail, industrial and mixed-use sectors.

Read more

West Palm’s Transit Village Plan Is A Go

Oct 22, 2010 No Comments

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.

Read more

Medwin Named Managing Director At JLL

Oct 19, 2010 No Comments

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.

Read more

Miami-Dade County Office Leasing Up While Occupancy Still Down

Oct 14, 2010 No Comments

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.

Read more

Wachovia Financial Center Wins Outstanding LEED EB Project Award

Oct 07, 2010 No Comments

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.

Read more

Daya Medicals To Relocate To UM’s Life Science Park

Oct 07, 2010 No Comments

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.

Read more

JLL To Lease University of Miami Life Science Park

Oct 04, 2010 No Comments

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.

Read more

Colorful Miami Tower On The Block

Sep 30, 2010 No Comments

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.

Read more

$19.9M Fetches Downtown Doral Office Building

Sep 22, 2010 No Comments

Codina Partners has bought the city of Doral’s first LEED-certified office building for $19.9 million, with financing arranged by Holliday Fenoglio Fowler. The 150,000-square-foot office building, which is 29 percent leased, is in Downtown Doral, formerly known as Doral Center.

Read more

NAI/Merin Hunter Codman Leases 27,000 sf at 951 Yamato

Sep 21, 2010 No Comments

NAI/Merin Hunter Codman leased a full floor, 27,000sf, of its signature 951 Yamato office building in Boca Raton to serve as the national headquarters for WCS Lending. WCS Lending, a residential mortgage lender with close to $2 billion in annual volume, has experienced significant growth due to its focus on high-quality compliance, technology and customer service.

Read more

Las Olas Centre Has New Owner

Sep 16, 2010 No Comments

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.

Read more

Project at Village of Palmetto Bay Becomes First Municipal Building in Miami Dade County to Receive LEED® Certification

Sep 15, 2010 No Comments

The Coral Reef Park Concessions Building achieved LEED certification for energy use, lighting, water and material use as well as incorporating a variety of other sustainable strategies.

Read more