Can The Tech Industry Revitalize Overtown?
"Bullet holes everywhere," reads a review of Arena Square apartments in Miami's Overtown neighborhood. "Five murders in front or next door of the building. Drug dealers have keys to the gate — provided by the building manager. The roaches will rob you."
Just blocks away from this apartment building, David Beckham wants to build a $225M soccer stadium. To the south, a massive hotel/conference center/transit hub is going up. Nearby, Miami River is becoming trendy enough to earn a profile in the…
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Fort Lauderdale Approves Heavily Maligned $270M Streetcar
About 15 years ago, Fort Lauderdale officials first proposed a streetcar project to promote development in the city's downtown.
Critics say it uses clunky, antiquated technology, that ridership will be low and that it will not alleviate traffic — in…
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Why Rent In Wynwood When You Can Own In Oakland Park?
An artsy Wynwood furniture store is ditching Wynwood for the friendlier climes of Oakland Park. Antique to Chic purchased the Match Point Tennis building at 1510 East Oakland Park Blvd. in the Fort Lauderdale suburb.
“Attracting a Wynwood retailer represents a huge milestone in the evolution of the Oakland Park Culinary Arts District,” said broker Jamie Sturgis, whose Native Realty handled the sale of the 6K SF Match Point Tennis building for nearly $1.1M Jan.…
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Tenants Love Bike Rooms. Bike Repair Shops? Not So Much.
While real estate is all about location, multifamily amenities are what drive leasing activity. In Silicon Valley, multifamily developers are having to take the extra step to add that one amenity that everyone is talking about. But the next big amenity does not always work.
“Bike storage works all the time, for sure, but we thought a shared bike repair shop would be really cool: three racks, tools, people can have conversations around their bikes,” Harmonie Park principal Don Capobres said during a recent Bisnow event in San Jose. “It's been an utter failure in the projects we've implemented it. No one is using them.”
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Liberty Property Trust To Sell All Suburban Office Assets, Pivot To Industrial
Liberty Property Trust is looking to fully exit the suburban office market this year.
The REIT is looking to sell all of its office properties outside of urban cores, including its remaining holdings in the Philadelphia suburbs, the Philadelphia Inquirer reports.…
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Commercial Real Estate Pricing Drops Nationally As The Search For Attractive Assets Continues
Commercial real estate pricing entered 2018 on a low note. Nationwide prices fell 0.3% last month, representing the ninth consecutive month of declines.
“We edged off historic highs. The declines over the last three quarters have been mild and more of a stagnation than a decline,” Ten-X Senior Quantitative Strategist Chris Muoio said. “Prices have plateaued.”
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8 Things You Need To Know About The Real Estate Retreat Redefining Dealmaking
Once a year, a carefully curated group of commercial real estate's best and brightest converge to build bonds, share experiences and explore conversations beyond the industry.
Welcome to Escape.
What began as an answer to the lack of networking platforms…
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8 Things To Know While Watching The Winter Olympics In South Korea
Part sport, part business, part spectacle, part bragging rights for the host nation: the Olympics are all that and more.
The games also have a real estate impact, sometimes leaving behind valuable infrastructure, such as the 1936 Olympic stadium in Berlin, and at other times white elephants, such as pretty much anything built for the 2004 Athens Games.
Now the games are coming to rural South Korea in a sparsely populated mountainous region that hopes to be a wintertime destination. Here are eight things to know about South Korea and the games ahead of the event.
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