Regions Southeast | Miami
Deka Immobilien Buys Florida Office Building for $83M
June 25, 2008

Deka Immobilien has acquired the BAC Colonnade office building in Coral Gables, Fla. for approximately $83 million. Deka Immobilien was advised by ING Clarion Partners L.L.C. The BAC Colonnade is a 207,000-square-foot, 11-story, class A building is located at the intersection of Ponce de Leon Boulevard and Miracle Mile.  The Mediterranean-style building is part of a complex that includes the 157-room Westin hotel. The property is 94 percent leased to 19 tenants, with long-term leases including the recently opened Morton’s Steakhouse Restaurant, Chevron Caribbean, BAC Florida Bank, SB Architects and HQ Global Workspaces.

 
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Flagler Inks Tenant to 240,000-SF Lease at Florida Biz Park
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The Palms at Town Flagler Breaks Ground on 400,000-SF Expansion at Miami Retail Center
Nov. 06, 2008
Flagler Real Estate has broken ground on the new 400,000-square-foot retail expansion at The Palms at Town & Country in Miami. When completed, the 75-acre site located at 8268 Mills Drive and owned by TIAA-CREF, will house 700,000 square feet of mixed retail components in an open-air design and a 133,000-square-foot Professional Arts Center.