Market Trend: South Florida’s Retail Vacancy Decreases to 5.9%

The South Florida retail market did not experience much change in market conditions in the second quarter 2012. The vacancy rate went from 6.0% in the previous quarter to 5.9% in the current quarter. Net absorption was positive 340,191 square feet, and vacant sublease space decreased
Read More

Market Trend: South Florida’s Industrial Vacancy Decreases to 8.0%

The South Florida Industrial market ended the second quarter 2012 with a vacancy rate of 8.0%. The vacancy rate was down over the previous quarter, with net absorption totaling positive 1,241,489 square feet in the second quarter. Vacant sublease space decreased in the quarter, ending
Read More

Personal Liability of Executive Committee Members in New South Wales

Did you know that your Executive Committee is personally liable for decisions it makes on behalf of the owners corporation? As a member of an Executive Committee, each individual member assumes personal liability for any action or decision taken outside its authority. Real-Estate:Prop
Read More

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,
Read More

Don Trump Lays Out Plans for 800-Acre, Billion-Dollar Trump Studio City in South Florida

Trump Studio City – Soundstages/Studio Boulevard An 800-acre, billion-dollar film production studio could become a reality in South Florida in the next five years if New York entrepreneur Donald Trump’s dream materializes. Trump’s vision of a Universal Studios South
Read More

Market Trend: South Florida’s Industrial Vacancy Decreases to 8.3%

The South Florida Industrial market ended the first quarter 2012 with a vacancy rate of 8.3%. The vacancy rate was down over the previous quarter, with net absorption totaling positive 1,120,941 square feet in the first quarter. Vacant sublease space decreased in the quarter, ending t
Read More

ARA’s South Florida Team Adds Land Division VP

Atlanta-headquartered ARA named Troy Ballard as vice president of its new South Florida land division in the Boca Raton office. Prior to joining ARA, Ballard was a founding partner and president of TM Real Estate Group LLC, where he supervised all aspects of internal operations for TM
Read More

Developer Breaks Ground on Mixed-Use in South Florida

Stiles has launched construction of One Plantation, the residential segment of a new mixed-use development at the southern gateway to Plantation, FL’s downtown. Fort Lauderdale-based Stiles is developing a new apartment community in a joint venture with Prudential Real Estate In
Read More

Market Trend: South Florida’s Industrial Vacancy Stays at 9.0%

The South Florida Industrial market ended the third quarter 2011 with a vacancy rate of 9.0%. The vacancy rate was unchanged over the previous quarter, with net absorption totaling positive 568,903 square feet in the third quarter. Vacant sublease space decreased in the quarter, endin
Read More

Market Trend: South Florida’s Office Vacancy Stays at 14.8%

The South Florida Office market ended the third quarter 2011 with a vacancy rate of 14.8%. The vacancy rate was unchanged over the previous quarter, with net absorption totaling positive 432,112 square feet in the third quarter. Vacant sublease space decreased in the quarter, ending t
Read More