Tri-Rail Will Soon Go Into Downtown Miami
South Florida's new, privately run train, Brightline, grabs all the headlines (just yesterday, it announced it would run a route between Southern California and Vegas) but the region's workhorse commuter line has its own triumph: It will be expanding into downtown Miami next year. A new 9-mile Tri-Rail route, called the Downtown Link, should be operational by Q3 2019, Tri-Rail spokesperson Bonnie Arnold told Bisnow.
The Downtown Link will allow people from northern areas to get into downtown Miami without transferring. When it starts, every other southbound train will go downtown instead of to the current terminus at Miami International Airport. South of 79th Street,…
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Booming Office Market, Soaring Apartment Rents Give Miami Developers Justified Optimism
Miami's office market is going from strength to strength, according to Cushman & Wakefield of Florida Vice Chairman Brian Gale.
“Overall, the market is very strong,” said Gale, who represents office landlords. “Some submarkets are certainly stronger than others, but we're seeing close to single-digit vacancy for all of Miami. And the one important thing to know is there's been…
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'Anti-Social Behavior And Inebriation': Accusations Fly In Lawsuits Between Founders Of High-End Miami Brokerage
In Miami, the founding principals of prominent luxury brokerage International Sales Group are going through a nasty business breakup, with gross mismanagement and substance abuse being alleged in court.
Craig Studnicky and Philip Spiegelman run ISG, which exclusively handles leasing at upscale properties such as Brickell City Centre and W Residences Fort Lauderdale and often provides a barometer of the local condo market, according to The Real Deal. In 2016,…
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Student-Oriented Apartments Near UM Fetching $3.95/SF Rents
The average price per square foot for rent in Florida is $1.31, according to Apartment List. But in Miami, a boutique co-living venture geared toward students is getting as much as $3.95/SF.
Orduna Court, at 800 South Dixie Highway, is a 24-unit co-living property within walking distance of the University of Miami. Here, furnished units are rented by the bed. Leases can be for 10 or 12 months, and roommate matching is…
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EXCLUSIVE: Workframe Upgrade Allows Corporate Tenants To Manage A Portfolio Of Projects Across Multiple Locations
Long gone are the days of using spreadsheets, email threads and a slew of physical documents to track and manage office properties, capital projects and large portfolios. With platforms like New York-based Workframe, a collaborative workflow optimization platform for large office occupiers, real estate professionals are able to manage project initiatives from a single platform.
The New York-based startup, founded in 2016 by co-founding trio Robert Moore, Andy Parsons and Matthew Smith, recently unveiled a platform upgrade that allows Fortune 500 companies across the U.S. to build out and manage not only individual office spaces, but also locations across their entire portfolios.
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EXCLUSIVE: Kettler CEO Bob Kettler On Company's Executive Exodus
Kettler, one of the largest real estate companies in the Mid-Atlantic region, has announced the departure of two top executives in the span of one week, and three other senior executives have left the company in the previous 10 months.
Founder and CEO Bob Kettler, in an exclusive interview with Bisnow, said the departures have coincided with major operational changes that were necessary to continue the company's growth, and he said Kettler is well-positioned for the future.
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