Foreign CRE Investors Weigh Opposing Forces Jeffrey Steele | October 11, 2022 While the strong dollar makes acquisitions costlier, the U.S. offers a safe haven from geopolitical upheaval. International geopolitical and economic uncertainty has solidified the standing of the U.S. as a port in the storm for foreign investors in commercial real estate. History’s third-highest cross-border volume year came in 2021, when in spite of persistent pandemic-related angst $62 billion was invested in all U.S….
Matthew Katzen Shares Insight with The Real Deal on Citadel Impact to Brickell
Matthew Katzen Shares Insight on Brickell Office Market Ken Griffin’s Citadel comes to Brickell — and supercharges the market. “The amount of wealth that’s coming… it’s going to be insane.” August 2, 2022 Citadel ’s move is a big boost for the thesis that Miami’s brokers and developers have been touting since the pandemic began: that the region is becoming the “it” destination for blue-chip financial and tech firms. A wave of name-brand…
Lee & Associates South Florida Brokers Sale of Downtown Fort Lauderdale Las Olas Retail Condominium
FORT LAUDERDALE, FL (JULY 21, 2022) – Lee & Associates South Florida Principal Matthew Jacocks, Senior Vice President Matthew Katzen and Firm President Matthew Rotolante teamed up to broker the sale of a retail condominium on the ground floor of the 350 Las Olas Place high-rise in downtown Fort Lauderdale. The $3.6 million sale of the 7,060-square-foot unit closed on July 15. The brokers represented seller Georgia Notes 18, LLC in listing the 350 SE…
Lee & Associates South Florida Q2 Report: Miami Industrial Vacancies Reach Decade-Low, Out-of-State Investors Flood Multifamily Sector
Miami Industrial Vacancies Reach Decade-Low, Out-of-State Investors Flood Multifamily Sector Office market faces uncertain future amid broader challenges, while local retail sector continues to outperform rest of nation MIAMI, FL (July 20, 2022) – South Florida remains a hot target for commercial real estate investors from all over the nation, but supply constraints are a major challenge for the region’s key sectors according to Lee & Associates South Florida’s Q2 2022 market report. The…
Lee & Associates South Florida Q1 Market Report: Historically Low Industrial Vacancies, Brisk Leasing Activity in Region’s Office Market
Historically Low Industrial Vacancies, Brisk Leasing Activity in Region’s Office Market Multifamily rents continue to surge, while local retail sector outperforms national average MIAMI, FL (April 27, 2022) – Feverish demand is keeping supply levels tight across numerous South Florida commercial real estate sectors, according to Lee & Associates South Florida’s Q1 2022 market report. Most notably, the region’s industrial vacancies continue to reach historic lows – with available land for new construction at…
Lee & Associates South Florida Principal, Aida Nolan-Rodriguez, Brokers Medical Office Condo Sale at the Minorca in Coral Gables
MIAMI, Florida—December 8, 2021 – Lee & Associates South Florida announces the sale of a Medical Office Condo located at 2030 Douglas Road in the prestigious Minorca building in Coral Gables, Florida. The unit was purchased in All Cash by Patricia Linares from Carlos Guerrero C&C Investments for $575,000 on December 6, 2021. Lee & Associates South Florida Principal, Aida Nolan-Rodriguez, represented both the Seller and the Buyer in the transaction. Aida joined Lee &…
Lee & Associates South Florida Expands Team with New Senior Vice President Matthew Katzen
MIAMI, Florida—November 8, 2021— Lee & Associates South Florida continues to bolster its team of talented brokers. In the latest example, veteran broker Matthew Katzen joined the firm as Senior Vice President specializing in office leasing. In his new role, Katzen focuses on landlord agency and tenant representation of Class A office space in Miami-Dade and Broward counties. With more than 25 years of commercial real estate experience, Katzen’s business development and transactional work includes…
900 Biscayne Class A 8th Floor Office Condo Portfolio Trades For $2.62MM
MIAMI, Florida—June 11, 2021 – Lee & Associates South Florida announces the sale of three contiguous Class A office condo units amounting to the entire 8th floor office space located at 900 Biscayne Blvd in Downtown Miami, Florida. The office portfolio sold for $2,620,000 on May 28th, 2021. Lee & Associates South Florida Senior Vice President and specialist in sales and leasing of CBD and Suburban Office real estate, Joseph Jarkesy, CCIM, was tapped by…
Medical Office Condo Sells at Sunset International Center in Kendall Florida
MIAMI, Florida—April 29, 2021 – Lee & Associates South Florida announces the sale of a Medical Office Condo located at 7000 97th Ave in Kendall, Florida in the Sunset International Center. The unit was purchased by HKL Medical, LLC from BWC Holdings, LLC for $815,000. Lee & Associates South Florida Principal, Aida Nolan-Rodriguez, represented the Seller, BWC Holdings, LLC. Aida joined Lee & Associates as Principal in 2020 with a specialization in Medical Office properties…