Professional Property Management | Miami | Fort Lauderdale | The Palm Beaches

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Have You Ever Considered an Online Property Management Office?

This is a world where technology rules. In fact, we cannot think about our modern life without the help of technology. There are lots of businesses throughout the world that do not have any brick-and mortar locations. Instead, virtual offices are now being set up. What it means is tha
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Approaching a Tipping Point? U.S. Office Rent Growth Lags Despite Rising Tenant Demand

Although rising levels of office absorption and a falling U.S. vacancy rate signal a strengthening market, the gains have yet to translate into meaningful rent increases for office landlords in most markets, CoStar Group reported this week in the company’s Second-Quarter 2012 Of
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CBRE Wins Leasing Assignment for Edison Office Properties

National Real Estate Investor
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Breakers Capital Pays $18.5M for Office Bldg

Miami-based Breakers Capital Partners acquired 1700 Palm Beach Lakes Blvd. for just less than $ 18.5 million or about $ 162 per-square-foot. CBRE arranged the sale of the property. The 11-story Class A office building was constructed in 1988. It totals 113,953-square-feet and is locat
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South Florida’s Select Top Office Leases for Q1 2012

The following is an account of the South Florida market’s select top five office lease transactions for the first quarter 2012. The Miami Herald Media Company leased 158,265 square feet at the Doral Operations Center in the Miami Airport submarket. Blanca Commercial Real Estate,
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Private Equity Group Buys Sunrise Office Bldg. from Bank

A local private equity group acquired Atrium West, a two-story office building at 7771 W Oakland Park Blvd in Sunrise, FL, from Wells Fargo for $ 4.8 million or about $ 51.79 per square foot. Constructed in 1983, the 92,689 square-foot suburban office building occupies the northeast c
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Owners Report Scattered Office Leasing Success in Q1

Many of the nation’s most prominent REITs and real estate companies reported continuing softness in the office leasing market during the first quarter. And while expectations for a continued slow recovery should result in expected hiring and improved leasing demand later this ye
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Office Loans Jacking Up CMBS Defaults

The CMBS cumulative default rate for fixed-rate deals increased to 12.96% in the first quarter, a 25 basis point rise from year-end 2011, according to Fitch Ratings. Newly defaulted loans in the first quarter totaled $ 1.7 billion (155 loans). And that pace accelerated in April, accor
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