All posts in Industry News

Marijuana Dispensaries Present High Risk, High Reward For Landlords, Panelists Say

Since marijuana is still a federally banned illicit narcotic, banks and major insurance companies do not want to do business with anyone tied to the cannabis industry,making leasing to dispensaries a risky proposition. CLICK ON THE HEADLINE FOR MORE

Delray Beach Community Redevelopment Agency Green Lights $100M Mixed-Use Project

The AltaWest development will include 43,000 square feet of ground floor retail, 21,600 square feet of office space, a 33,000-square-foot grocery store, 165 residential units totaling 272,242 square feet and about 45,000 square feet of public space called “Frog Alley. CLICK ON THE HEADLINE FOR MORE

opportunity zones

Opportunity Zones Heat Up In South Florida

Driven by the Opportunity Zone tax incentive program that became effective in 2018, Coral Gables, Wynwood and Hialeah are among the likely hotspots for investments by developers, owners and investors. CLICK ON THE HEADLINE FOR MORE

Dania Beach Government Solicits Developer Proposals For A New City Hall

May 30th is the deadline for developers to submit proposals to redevelop a site in Dania Beach to build a new city hall together with commercial space and residential units. CLICK ON THE HEADLINE FOR MORE

Interstate Industrial Park

Industrial Buildings In Riviera Beach Opportunity Zone Sell For $11.7M

Sold for $73 per square foot, the three-building portfolio was 98 percent leased. CLICK ON THE HEADLINE FOR MORE

Tax Incentives

CEOs Agree Tax Breaks Needed To Lure Businesses To Florida

Should the State of Florida and local governments be offering tax breaks and incentives to lure businesses? For answers to that question from prominent South Florida CEOs, CLICK ON THE HEADLINE

Lauderdale-by-the-Sea

A Large Beachside Hotel Sat Empty For Years Along A1A. That’s All About To Change.

The deal is among a growing lineup of new properties across Broward County, as many beachside communities add tourist and business hotels to beef up their commercial centers. CLICK ON THE HEADLINE FOR MORE

Boynton Beach Industrial Property Fetches $139 PSF

The sale signals the continued growing interest in industrial properties in South Florida. CLICK ON THE HEADLINE FOR MORE

questions

So Many Opportunity Zones, So Many Questions For Developers, Investors

One of the biggest questions about the year-old program at a recent IRS public hearing in Washington, D.C., was the amount of time investment funds have to deploy capital raised for Opportunity Zones projects. CLICK ON THE HEADLINE FOR MORE

South Florida Leaders Hope For Another Look From Amazon

After reconsidering its decision to award New York City part of the HQ2 project that would come with 25,000 jobs and billions in local investment, South Florida officials have a message for Amazon: Baby Come Back! CLICK ON THE HEADLINE FOR MORE

Record Number of Multifamily Deliveries Predicted For South Florida

Predicted to have the most deliveries in more than two decades, the trend of retreat from home ownership is a factor in the South Florida apartment market. CLICK ON THE HEADLINE FOR MORE

South Florida Commercial Real Estate Transactions Increase in 3Q 2018

According to the 3Q 2018 Quarterly Report – South Florida Commercial Real Estate, total retail transactions increased in South Florida, the industrial average prices increased in Broward, and the multifamily dollar volume increased in Miami-Dade. CLICK ON THE HEADLINE FOR MORE