While Silicon Valley tech firms were busy leasing large swaths of Los Angeles office space, a mix of buyers capped off 2018 with wide-ranging purchases of office complexes. The top five office sales.
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The top five retail sales of 2017 Despite the overwhelming number of store closures across the country, South Florida appeared to be an exception for retail investment and development in 2017. Neighborhoods like Wynwood, the Design District and Brickell continued to establish themselves as retail destinations, with projects like Brickell City Centre opening the rest.
South Florida’s biggest office sales in June South Florida’s office market is cooling down after years of strong demand and low vacancy rates, but that doesn’t mean major deals have come to a halt. 1111 Brickell Avenue, also known as the Sabadell Financial Center, sold in June for $248.5 million, marking the priciest office sale.
Here are South Florida’s largest office and retail sales in April $159M sale of office space at Virgin MiamiCentral was the biggest sale to close in April By Keith Larsen |
From South Beach to Fort Lauderdale, hotel properties were hot tickets in South Florida’s commercial real estate market. buildings with a combined 58 units, along with retail and office space.
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Total Retail Sales for 2015: $4.7 Trillion 93% of retail sales was derived from Brick & Mortar sales 7% of total retail sales was derived from Online – Almost half of the online sales revenue came as a result of Service and Shipping charges The final result being that only 3.7% of the $4.7 Trillion in retail sales came from Pure.
Class A office rent increased 2 percent from the fourth quarter of 2016 to $33.50, and overall asking rent increased 0.5 percent to $28.16 per square foot. investment sales have slowed in recent.