Barlington's Brickell Dreams
Imagine two towering office mixed-use buildings up to 50 stories tall complete with a pedestrian bridge between them spanning 8th Street in Brickell. That could be one day. But for now, Barlington Group is happy to just make cash flow on a couple of refurbished historic buildings, as the firm's Martin Pinilla tells us just days before he will appear at our Evolution of Brickell & Downtown Miami event next week.
Barlington Group is under contract with 90 Southwest 8th St (here), a four-story, 45k SF office/retail building at the corner of 8th Street and 1st Avenue. It's the second purchase in Brickell, a submarket that Martin says has some of…
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RiteAid Subsidiary Headed To Fort Lauderdale Tower
A RiteAid subsidiary is heading to Bayview Corporate Tower. EnvisionRx inked a 23k SF deal for the 415k SF tower at 6451 North Federal Hwy in Fort Lauderdale, moving its 100 employees from the Victoriana Building on East Broward Boulevard.…
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Two Towers Get Miami Design Approval
Two towering proposed developments have the green light to go before city officials for final approval. Both Megacenter and the M-Tower received Urban Design Review Board approval this week for their proposed projects, one in Brickell and the other in Downtown…
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Amenities: How Much Is Too Much?
When it comes to housing preferences, parents want safety while students want lifestyle, Campus Evolution Villages principal Andrew Stark (above left)—whose firm has 10,000 beds nationwide—told Bisnow's Annual Student Housing summit this week. But when projects are offering over-the-top amenities…
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Report: US Office Is Going Strong, Especially In 18-Hour Cities
US office market fundamentals stayed strong in Q1, despite the early year market volatility, according to Colliers' Q1 '16 Office Market Outlook.
The national vacancy rate declined 10 bps during Q1 to 12.6%, 100 bps lower than last year, with 80% of metros seeing stable or dropping vacancy rates.
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Q&A With ResiModel CEO: Big Data In Real Estate
Big Data is making headway into real estate, with VTS launching a retail-specific platform, and Hightower's CEO promising clients will be able to "play moneyball" with their real estate assets. Bisnow sat down with another real estate tech CEO, ResiModel's Elliot Vermes, for his take on Big Data in real estate.
Bisnow: What's your reaction to VTS launching its retail-specific platform, as a peer in the real estate data space?
Elliot Vermes: Well, the move makes sense. VTS and Hightower are trying to streamline communications and data flow between parties in the CRE space. Instead of having leasing agents, owners and managers try to track everything in Excel files that they email back and forth, they've created a centralized platform that provides a complete overview of the properties. Office and retails are both lease-driven property types. So it's only logical that once you hit office you'll hit retail.
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Houston Sales Rep Needed: $3k Referral Fee
Everything's bigger in Texas? Something the Lone Star State and Bisnow have in common—we're the largest commercial real estate platform in North America, and getting bigger.
Bisnow's looking for a sales rep with three to five years experience to strap on their boots (and ten-gallon hat) for a spot in our Houston office. We're offering an extremely competitive base, commish and full healthcare benefits—so you can eat all the Tex-Mex your heart desires (until it fails, that is). Know anyone? We're listening. If we hire them, you get three grand. Just hold off on the "Houston, we have a problem" jokes. (Houstonians have heard it before. Trust us.)
For more information, contact Javier at Javier@bisnow.com. |
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