WATERSOUND, Fla. - The St. Joe Co. has disclosed a new real estate investment strategy, calling for $190 million of savings in previously planned cap-ex and evaluations of properties and future investments. Bulk sales could be forthcoming. Park Brady, appointed CEO last October, said the strategy meets board directives that were laid out late last year aimed at maximizing risk-adjusted returns. The $190 million of future cap-ex reductions were earmarked a...
More »
The Miami Herald Media Company has agreed to relocate to a 158,265 square footoffice building in Doral, FL. The property, which formerly served as the headquarters of U.S. Southern Command, will be renamed One Herald Plaza at Wespointe Business Park. The Miami Herald also completed the purchase of an adjacent six acre site directly to the building's east, which will house the company's 119,000 square foot production building. The Miami Herald Media by...
More »