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The year 2018 is almost a wrap. Commercial real estate pros across the country spent much of the year marveling that the economic expansion has gone on for a decade, wondering how much longer it could possibly last, and enjoying the spoils for as long as it does. South Florida saw high rents, high land costs, continued population growth, and thankfully no hurricane. Plus, climate change hasn't put us underwater yet. Other than that, these were topics that had the market buzzing this year. 
10. Everybody wanted industrial The rise of e-commerce has been a boon to warehouses — a trend that is only expected to continue, especially in South Florida, where geographic land constraints make industrial parcels especially hard to find. An Avison…
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Richard Branson's Virgin Group Will Soon Have Planes, Trains And Cruise Ships Operating Out Of MiamiSir Richard Branson might be among the world's most famous Brits, but he can't seem to get enough of Florida. 
His Virgin Airlines has been operating direct flights between Miami and London since 1986. It will soon be possible for U.K. travelers to take that flight then hop on a Virgin Voyages cruise through the Caribbean, and take a side trip…
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Hialeah Is Getting Its First Major Mixed-Use Project In 20 Years
Miami Beach transformed from a granny paradise to a jetsetter's playground. Coconut Grove went from bohemian to bourgeois. Could Hialeah — the wonderland of pawn shops, mechanics and Cuban bakeries — be the next to gentrify? Developers say they are…
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Medici Living Raises $1.1B To Become 'The WeWork Of Co-Living'A Berlin-based co-living company has raised €1B ($1.1B) of capital to undertake what it says is the largest-ever investment in the nascent sector, as part of its plan to become “the WeWork of co-living”. |
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18 Commercial Real Estate Trends To Dominate In 2019Goodbye 2018, hello 2019! As the new year approaches, Bisnow spoke with several industry execs, researchers and economists to uncover the major trends expected to dominate the commercial real estate industry in the coming year. From the rise of opportunity zones to a slowdown in industrial absorption, these are 18 trends experts forecast for 2019. |
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Developers Are Pumping More Money Into Growing Open Spaces At Their ProjectsAtlantic Station is a sprawling mini-city in the heart of Midtown Atlanta, home to office towers, condominiums, hotels, townhouses and strings of retail shops spread across its own street grid. While its owner, Hines, continues to add to the commercial space there, it is planning to spend $20M to upgrade a space that doesn't add a single dollar in direct rent to its balance sheet. Hines is doubling the size of its Central Park at Atlantic Station, including tearing down two existing restaurant buildings and rebuilding two smaller restaurant facilities, adding a larger patch of turf with a massive LED screen looming overhead. The developer also is erasing two of its roads and redesigning them for pedestrians only. |
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