Office Tenants: Beware Of This Reality
March 3rd, 2015Across South Florida there is very little office space under construction. Some say that translates to a huge demand for office space in three to four years
Across South Florida there is very little office space under construction. Some say that translates to a huge demand for office space in three to four years
The clanking of construction can be heard from the sites of four buildings that will reach heights of seven to 12 stories. When completed, they’ll provide 1,181 new rental apartments.
A South Florida Realtor has amassed more than $270 million in sales at the luxury One Thousand Ocean condominium in just five years.
The partners acquired the 40-acre office and retail asset from TIAA-CREF for $194 million, and they have big changes in mind.
When BB&T Corp. bought BankAtlantic in 2012, BB&T had no interest in roughly $500 million in “scratch and dent” assets owned by the Fort Lauderdale-based lender. But Seth Wise, an official with BankAtlantic’s holding company, did.
New tenants are expected to emerge as additional individuals enter the workforce in the months ahead,.