In the Biz - Commercial Real Estate News
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In the Biz - Commercial Real Estate News
South Florida's Hot Topics - by Shelby G. Smith III, CPM, RPA 954-652-2038 Berger Commercial Realty
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Miami's Growing Flex Office Space Prices For Less | GlobeSt.com

Miami's Growing Flex Office Space Prices For Less | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
Some new data about cost-per-desk will help office users making choices in the Miami-Dade County area.
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Supply Is Not Close to Meeting Medical Office Demand | GlobeSt.com

Supply Is Not Close to Meeting Medical Office Demand | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
Transwestern estimates that total demand for medical office space across the US could range from 150.5 million square feet to 225.8 million square feet by 2019.
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Pop-Up Shops: How A Novel Concept Became a $50 Billion Business | CoStar

The mutually beneficial arrangement is one reason why the pop-up shop concept has mushroomed into a more than $50 billion industry in the U.S. and is becoming a permanent fixture in retailing.

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Hyatt Centric Hotel on 'Center Ice' in Downtown Fort Lauderdale - CoStar

"Hyatt Centric is under construction on Las Olas Boulevard in Fort Lauderdale, Florida. What will be the tallest building in the city represents the first new hotel on the signature street in more than 80 years. "

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Tulip-Shaped Tower Planned for Miami Skyline | CoStar

"Turkish billionaire Bekir Okan met with architect Robert Behar last year and asked him to design a skyline-altering development in downtown Miami. "

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US$600,000 monthly office rent at Cheung Kong Center is a breeze for digital currency exchange BitMEX

US$600,000 monthly office rent at Cheung Kong Center is a breeze for digital currency exchange BitMEX | In the Biz - Commercial Real Estate News | Scoop.it
Cryptocurrency trading platform BitMEX breaks record in paying HK$225 per square foot in rent for entire floor in Li Ka-shing’s Cheung Kong Center

Via Enzo Calamo
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Internet-Resistant Tenants Rule Retail | GlobeSt.com

Internet-Resistant Tenants Rule Retail | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it

"Neighborhood centers anchors are traditional daily-needs retailers such as grocery drug and dollar stores as well as service tenants that are more Internet-resistant."

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Thinking Inside the Box: New Life For Dead Space - CoStar Group

There’s more opportunity than ever. A CoStar analysis finds that retailers plan to close a record 111 million square feet of space across the U.S. this year.
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Colliers Broker Joins MMG Equity Partners in Bet on South Florida Shopping Centers - CoStar Group

­­A private investment firm in South Florida has hired former Colliers International broker Marcos Puente to build its commercial property portfolio, making a bet on large shopping centers in the region. Puente will b
CommerialREFL's insight:

Here's a lead for those that have 50k and larger shopping Centers for sale.

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Scrapped Rite Aid-Albertsons Merger, Mattress Firm’s Financial Struggles Could Lead to Thousands of Vacancies - CoStar Group

Thousands of retail properties could become prime targets for redevelopment if Rite Aid and Mattress Firm close stores. Some analysts raised questions about Rite-Aid's future this week after the drug store and groce
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South Florida Retail Vacancy, Absorption Rates Slightly Up

South Florida Retail Vacancy, Absorption Rates Slightly Up | In the Biz - Commercial Real Estate News | Scoop.it
Vacancy rates in the South Florida commercial real estate market have stayed around 3-4% consistently for 3 years now, even with rental rates reaching historic highs. .
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Robust Leasing Drives Strong Midyear Results by Top Brokerage Firms - CoStar Group

Robust Leasing Drives Strong Midyear Results by Top Brokerage Firms - CoStar Group | In the Biz - Commercial Real Estate News | Scoop.it

"Demand remains strong, with a growing number of investors increasing their real estate allocations," Jones Lang LaSalle Chief Executive Christian Ulbrich told analysts Wednesday."

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Industrial Owners Will Take Credit Over Rent | GlobeSt.com

Industrial Owners Will Take Credit Over Rent | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
With the limited industrial supply owners are opting for quality credit tenants over top rental rates.
CommerialREFL's insight:

Industrial Rocks! 

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New Tax Provisions Open Gates to $250 Billion in Property Investments | CoStar

A provision of the law offers tax benefits to investments in so-called Opportunity Zones, economically distressed communities defined by state and federal officials.

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The Rapid Change Underway With Industrial Logistics | GlobeSt.com

The Rapid Change Underway With Industrial Logistics | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
The Amazon effect has had a huge impact on industrial logistics and warehouse design and it will continue to change rapidly over the next decade.
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 Berger Commercial Realty’s Judy Dolan Negotiates 18,000 SF Lease Deal | CRE-sources

 Berger Commercial Realty’s Judy Dolan Negotiates 18,000 SF Lease Deal | CRE-sources | In the Biz - Commercial Real Estate News | Scoop.it

"Berger Commercial Realty/Corfac International Senior Vice President Judy Dolan represented the landlord, F&G Associates, in a 5-year, 18,000-square-foot lease deal at 920 SW 2nd Place in Pompano Beach."




 



 

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Moody’s To Acquire Reis | GlobeSt.com

Moody’s plans to incorporate Reis’ data archive of some 18 million properties nationwide into its analytics offering.
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Moody’s To Acquire Real Estate Data Provider for $278 Million | CoStar

"Reis is a competitor to CoStar Group in providing commercial real estate data." 

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Citizen-centric approach a cornerstone of smart city development | geospatialworld.com

Citizen-centric approach a cornerstone of smart city development | geospatialworld.com | In the Biz - Commercial Real Estate News | Scoop.it
Taking into account this citizen-centric approach, McKinsey has released a new report titled ‘Smart Cities: Digital Solutions for a More Livable Future

Via CiviComment
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Are There Any Signs of a Retail Slowdown in the Hot South Florida Market? | GlobeSt.com

Are There Any Signs of a Retail Slowdown in the Hot South Florida Market? | GlobeSt.com | In the Biz - Commercial Real Estate News | Scoop.it
Healthy home building and robust tourism markets are signs retail will continue to prosper.
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Fort Lauderdale, Florida's FATcity Developer Reevaluates Construction Timing - CoStar Group

Fort Lauderdale, Florida's FATcity Developer Reevaluates Construction Timing - CoStar Group | In the Biz - Commercial Real Estate News | Scoop.it
Developer Joe Traina Jr. had big plans for a parcel that fits into an effort by the city to lure millennials to downtown Fort Lauderdale, Florida, but the future of the project featuring twin 30-story towers is no
CommerialREFL's insight:

Traina may have the right move at the moment... Sit tight on this wave of development in Flagler Village and re-enter in a few years with what could be a much stronger and established market. Planned or not, I believe it will work out for him

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Where to Locate a Grocery Store? Next to Another One - CoStar Group

New Seasons Market has opened its first Seattle location at 951 N.W. Ballard Way near several grocery competitors in a sign of intense competition in the industry. Specialty retailer New Seasons Market opened its firs
CommerialREFL's insight:

I have always felt locating close to your competitor can be a good idea. If there is already success for them, you should have a good chance fir the same if you provide the same or better quality service and value. 

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Berger Commercial Realty Closes Sale Of East Commercial Blvd. Mixed-Use Asset | CRE-sources 

Berger Commercial Realty Closes Sale Of East Commercial Blvd. Mixed-Use Asset | CRE-sources  | In the Biz - Commercial Real Estate News | Scoop.it


"Investor Ital Luxxe, LLC, purchased the property as an investment. The building interior has been completely demolished by the buyer in preparation to lease to new tenants including restaurants or other retail uses."


 



 

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Popeyes Moving Headquarters to Miami From Atlanta, Reports Say - CoStar Group

Popeyes Moving Headquarters to Miami From Atlanta, Reports Say - CoStar Group | In the Biz - Commercial Real Estate News | Scoop.it
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
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Berger Commercial Realty Corp.’s 2018 Q2 Market Reports | BergerCommercial.com

Berger Commercial Realty Corp.’s 2018 Q2 Market Reports | BergerCommercial.com | In the Biz - Commercial Real Estate News | Scoop.it

Berger Commercial / CORFAC International releases its Second Quarter Market Report.

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