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Dufry signs lease for future HQ at Prologis’ Beacon Lakes

Rendering of building 35 at Beacon Lakes and Chris Harak (Credit: Blanca Commercial Real Estate) Swiss travel retailer Dufry just inked a 200,000-square-foot lease at Prologis’ Beacon Lakes business park in northwest Miami-Dade County, where it’s planning to move its regional headquarters. The building is breaking ground soon and will rise at the [...]

Brightline owner’s proposal to build a new Miami-Dade courthouse lives on

Miami-Dade County’s courthouse A proposal by Brightline’s parent company to build a new Miami-Dade Courthouse has been revived. The Miami-Dade County Commission on Wednesday unanimously approved a resolution directing Miami-Dade Mayor Carlos Gimenez to continue negotiating with New Flagler Courthouse Development Partners, or NFCDP, to build a new civic courthouse near the [...]

Developers refinance 2500 Biscayne, sell ownership stakes

2500 Biscayne (Credit: Biscayne) Greystone Development just sold its stake in a new mixed-use rental tower in Edgewater, and the remaining owners refinanced the property. The New York-based development company partnered with Alta Developers to build the 19-story, 156-unit building at 2500 Biscayne Boulevard. Alta refinanced the building with a loan in [...]

US existing home sales posts largest decline in three years

NYC apartments (Credit: Getty Images) According to this week’s market reports, the Manhattan luxury market had its best week in nine months and only 14 percent of companies consider themselves to be agile with their real estate portfolios. Residential Sales | TOWN Residential From January 22 to February 18, there were 728 contracts signed [...]

Home sellers are making huge profits. So why aren't more people selling?

It's the most profitable time to sell your home in more than a decade, so why aren't more home owners listing? [...]

Why you want Amazon to be your new neighbor

Amazon has announced a list of 20 cities as potential locations for its second headquarters. The winner is likely to see a significant boost to its real estate market. [...]

3 ways tax reform will hit home values

The freshly-passed tax code could be a drag on home values. [...]

Homeowners: Here's what's in the tax bill for you

Homeowners would be able to deduct interest on the first $750,000 of a new mortgage under the final tax bill -- down from the current $1 million threshold. [...]