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TREO Group Receives $33 Million Construction Loan for Mixed-Use Waterfront Project in Miami’s Coconut Grove

Miami — The TREO Group has received a $33 million loan from FirstBank Florida for the construction of Regatta Harbour, a mixed-use waterfront development located in Miami’s Coconut Grove neighborhood

…

  • September 25, 2018
  • Published in Development, Finance, Florida, News

Stambul Acquires Historic Walgreens Building in Downtown Miami for $19.8 Million, Plans Redevelopment

Miami — Stambul, a Miami-based full-service construction and development firm, has acquired the Historic Walgreens Building in downtown Miami for $19.8 million.

…

  • July 26, 2018
  • Published in Florida, Investment sales, News

Ocean Bank Provides $60 Million Loan for Refinancing of Shopping Center in Miami

Miami — Ocean Bank has provided a $60 million loan for the refinancing of Kendall Village, a 256,000-square-foot shopping center in Miami.

…

  • July 19, 2018
  • Published in Finance, Florida, News

Biscayne Bay Brewing to Open Second Location at Historic Building in Downtown Miami

Miami —Biscayne Bay Brewing Co. has unveiled plans to open a second location at the Old United States Post Office and Courthouse building in downtown Miami.

…

  • May 29, 2018
  • Published in Development, Florida, News

Triple Five Group’s $4 Billion Mall, Theme Park in Miami Wins County Approval

Miami — Miami-Dade County has approved the development of the American Dream Miami retail theme park.

…

  • May 21, 2018
  • Published in Development, Florida, News

Aztec Group Arranges $24.5 Million Acquisition Loan for Publix-Anchored Center in South Florida

Miami — Aztec Group Inc. has arranged a $24.5 million loan for the acquisition of Old Cutler Town Center, a 106,500-square-foot shopping center in Miami.

…

  • January 9, 2018
  • Published in News

Fifth Third Bank Provides $43 Million Construction Loan for Retail Portion, Parking Garage at Miami Worldcenter

Miami — Fifth Third Bank has provided a $43 million construction loan for the construction of 53,000 square feet of retail space and a 1,100-space parking garage at Miami Worldcenter, a 27-acre mixed-use project in downtown Miami.

…

  • January 5, 2018
  • Published in Florida, News

CPAC Sells Retail Center in Metro Miami for $12.6 Million

Sunrise, Fla. — CPAC, a joint venture between CREC and members of the Lindemann family, has sold University Shoppes of Sunrise in Broward County for $12.6 million.

…

  • November 27, 2017
  • Published in Florida, Investment sales, News

Thor Equities Breaks Ground on 63,000-Square-Foot Retail, Restaurant Development in Miami

Miami — Thor Equities has broken ground on Wynwood Walk, a 63,000-square-foot restaurant and retail development located in Miami’s Wynwood Art District.

…

  • November 9, 2017
  • Published in Florida, News, Restaurants

HFF Arranges $58 Million Refinancing of Nine-Property Retail Portfolio in Miami-Dade County

Miami — HFF has arranged the $58 million refinancing of a nine-property retail portfolio located throughout Miami-Dade County.

…

  • October 27, 2017
  • Published in Florida, News
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The single-tenant net lease (STNL) market has enjoyed quite the ride. Rents are rising and cap rates are at or near all-time lows. 2021 was a record year for STNL transaction…

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Prop Tech Refocused: Data Collection to Create Retail Community

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America’s Shopping Patterns Turn Suburban

The Necessity Retail REIT, Inc. has closed on the acquisition of 77 open-air shopping centers and two single-tenant service retail properties as part of a previously announced 81-property, $1.3 billion…

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Industry News

  • Wegmans Opens New 81,300-Square-Foot Grocery Store in Metro D.C., Two More Planned to Open
  • Wilder, TA Realty Acquire Shopping Center Portfolio in Massachusetts, Rhode Island for $390 Million
  • Gantry Arranges $24 Million Loan for Refinancing of Southern California Retail Center
  • Cleeman Realty Arranges Sale of 198,085-Square-Foot Retail Center in Wilmington, Ohio
  • Newmark Arranges $5 Million Sale of Walgreens-Occupied Property in Whiteville, North Carolina

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