MIAMI - With residential rental demand on the rise in South Florida, the Adler Groupand ECI Group plan to co-develop a two-tower project overlooking Biscayne Bay. The development site is a 2.84-acre tract at 7950 NE Bayshore Court, formerly occupied by the renowned Mike Gordon's Seafood Restaurant. Ground will break later this year, kicking off a two-year construction schedule. "All signs indicate there is fast-growing demand for quality in Upper...
More »
MIAMI - An institutional investor has paid $46.6 million for International Corporate Park, a trio of industrial buildings totaling 340,143 square feet. The $137 per square foot price represents a high-water mark for warehouse distribution space in the Miami marketplace. CBRE Capital Markets members in Miami, Florida and Atlanta brokered the sale for a Boston-based investment fund. The sales team consisted of vice chairmen Christian Lee, Charles and...
More »