Archives for the ‘Office’ Category

Amazon On The Hunt For A New City To Build A Second $5B HQ

It’s every developer’s dream: Amazon announced Thursday that it was looking to build a second headquarters in a new city, spending up to $5 billion to construct and operate a space that would hold 50,000 employees.

The company is already taking proposals for the project from states and municipalities looking to add jobs.
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Long Island Developer Pays $37.25M For Downtown Miami FedEx Distribution Facility And Development Site

Cushman & Wakefield has negotiated the sale of 200 South Miami Avenue, a ±1.2-acre core infill site in the heart of downtown Miami that is currently home to FedEx’s ±110,000-square-foot, last-mile distribution center.

The Cushman & Wakefield brokerage team of Robert GivenTroy Ballard, in conjunction with Mike DavisTravis TrautvetterRick BruggeMichael Lerner and Colliers’ Gerard Yetming, represented Miami-based investor Fifteen Group in the disposition. Long Island-based developer Lalezarian Properties acquired the asset for $37.25 million, equating to $712 per square foot of land.

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CBRE Group Acquires Brenner Real Estate Group

CBRE Group, Inc. has acquired the business of Brenner Real Estate Group (BREG), a full-service commercial real estate services firm in South Florida.

The acquisition bolsters CBRE’s capabilities in South Florida, where the company is a premier provider of integrated solutions for property investors and occupiers.

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