According to a new Colliers International South Florida report, vacancy rates held steady in Miami-Dade County and rose marginally in Broward and Palm Beach counties. CLICK ON THE HEADLINE FOR MORE
Americas Commercial Real Estate, along with Newmark Knight Frank (NKF), brokered a renewal and expansion lease totaling 177,000 square feet with AAR, a leading provider of aviation services to commercial airlines and governments worldwide, for its Landing Gear Services (LGS) business at Medley Commerce Center in Medley.
Blackstone affiliate bought two industrial vacant lots in Medley for $7.2 million. Link Industrial Properties, an affiliate of Blackstone, bought the 8.8-acre site for $818,181 per acre. The seller is Medley Auto Parts.
Another example of investors and developers targeting Doral in recent years, investment partners plan to make capital improvements to the two-building, 35,560-square-foot Showplace at Doral and reposition it. CLICK ON THE HEADLINE FOR MORE