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Aldi is remodeling scores of Florida stores

October 10, 2018 |

Discount grocer Aldi is about halfway through a project to remodel 83 stores in Florida by 2020 at a cost of $115 million.

More than 40 Aldi stores across the state will have been remodeled by the end of October, … Read More

Hollywood reaches for the skies as building boom transforms downtown skyline

October 9, 2018 |

The building boom long courted by downtown Hollywood is finally here, reshaping the skyline in waves as developers line up with plans in hand.

The next wave: Parc Place, a three-tower luxury apartment project geared at the younger set, will … Read More

Aventura Mall adds 3 luxury retailers

September 25, 2018 |

Aventura Mall has added three new stores to its roster of luxury and fashion retailers.

Jimmy Choo, a 1,500-square-foot boutique, offers luxury accessories including men’s and women’s shoes, handbags, small leather goods, scarves, eyewear and belts.

MCM, founded in Munich, … Read More

Kroger buys Florida shopping center

August 9, 2018 |

A Kroger Co. real estate unit has purchased a shopping center in South Florida, hundreds of miles from its closest store.

But Cincinnati-based Kroger (NYSE: KR), the nation’s largest operator of traditional supermarkets, isn’t planning to launch its expansion into … Read More

South Florida’s International Real Estate Appeal

August 9, 2018 |

South Florida real estate’s international investment appeal is very strong, according to data released recently by the Miami Association of Realtors and the National Association of Realtors, particularly in Latin America, Canada and Pakistan.

The local and national Realtor associations … Read More

Compensation, wages in South Florida grow faster than national rate

August 9, 2018 |

In good news for employees in South Florida, compensation and wages here have grown faster than the national rate for the 12 months ended June 2018, according to the U.S. Bureau of Labor Statistics.

Employee compensation in the tri-county area … Read More

Where are Opportunities in Retail Today?

August 7, 2018 |

The recent rally in net operating income (NOI) growth reflects stable property fundamentals and improving financial metrics across retail facilities in CMBS. Research by Trepp shows consistent underlying growth in reported NOI and occupancy rates, with NOI netting annual gains … Read More

South Florida cities among most cost-burdened for housing

June 12, 2018 |

South Florida is the most severely cost-burdened region in the country when it comes to housing costs, a new SmartAsset report indicates.

The report included four South Florida cities – Miami (No. 2), Hialeah (No. 3), Pompano Beach (No. 4) … Read More