Miami Commercial Real Estate News 
St. Joe Co. Switches Gears, Recognizes Impairment Charge
The St. Joe Co. intends to significantly reduce planned future capital expenditures for infrastructure, amenities and master-planned community development and reposition certain assets...
Banks Plan to Increase CRE Allocations in 2012, But Risk Remains a Watchword
Banks plan to increase their commercial real estate allocations in 2012, but risk will remain a watchword....
Miami Attorney Tackles Hotel Distress Cases as Deal Junkies Circle
Suzanne Amaducci-Adams, a partner at Miami-based law firm Bilzin Sumberg, knows from her experience with distressed hotel properties that the worst is...
Schneider Grabs Top Sales Honors
Lori Schneider is not just one of the top female investment specialists in the Southeast region for Marcus & Millichap. She's one of the top investment specialists at the firm, period. She is the first woman at the Encino, Calif.-based commercial real estate services provider...
Medical Tourism: An Rx for Hotels
Hoteliers seeking new business opportunities should look at medical tourism, particularly now that healthcare reform is changing the landscape of medical care as we know it. ...
Technology Park Lures Tenants with University Cachet
Companies from around the world are expected to snap up research and office space to develop new products and hunt for medical breakthroughs at the University of Miami’s new life sciences technology park. ...
C&W Brokers Largest Industrial Transaction This Year in Florida
How’s this for a bidding war in South Florida? When the 880,543 sq. ft. Palmetto Distribution Center in Miami-Dade County went on the selling block, the owner fielded 27 offers from a variety of hopeful buyers. ...
Westfield Reaches Deal to Bring Costco to Three Markets
The Westfield Group and Costco Wholesale Corp. reached an agreement for the addition of Costco stores at Westfield centers in three U.S. markets: Los Angeles, Sarasota, Fla., and Wheaton, Md....
Sunstone Buys Royal Palm Hotel in Miami Beach for $126.1 Million
Sunstone Collins, LLC, part of the lodging real estate investment trust (REIT) Sunstone Hotel Investors (NYSE: SHO) was the highest bidder Monday for the Royal Palm Resort hotel in Miami Beach. ...
Miami Chips Away at Condo Supply Glut
Clouds are lifting over Miami's beleaguered condo market following a boom-and-bust cycle of epic proportions. Condo sales and occupancy rates are on the...
Florida's Sweet Spot
A depressed housing market and record gas prices have plunged Florida's economy into recession, local economists report....
Condo Deals in Little Havana
A few blocks west of posh Brickell Avenue, developers are transforming Miami's traditional Cuban quarter, Little Havana, into an oasis for workforce housing....
Miami's Perfect Storm
Hurricane Wilma blew apart Miami's monster residential growth in October 2005. Home and condo listings tripled with storm-weary citizens ready to move....
The Art of Land Banking
While an ongoing housing correction has depressed residential land prices by more than 30% in some parts of the country, commercial property values are moving in the opposite direction, say experts...
FLORIDA TOWER JUMPS ON CONDO-CONVERSION BANDWAGON
A ubiquitous Coconut Grove, Fla. office building will soon become an office condominium tower. The 21-story SBS Tower, which was recently sold by Irradio...
