, , , , , , , , Posted by on

Miami Wants Rail Permits. Trump: ‘We’ll Get Them For You So Fast Your Head Will Spin.’

President Donald Trump pledged environmental regulation wouldn’t hold up Miami-Dade’s quest for more rail projects, telling a county commissioner that federal permits will arrive “so fast your head will spin.”

The longtime owner of one of Miami-Dade’s largest resorts, Trump told Commission Chairman Esteban “Steve” Bovo that federal red tape won’t hold up local transit projects.

Continue reading

, , , , , , , , , Posted by on

Terra’s $72 Million Sale Of Doral Commons Is A Sign Of Strong Market In Doral

In the latest sign of intense demand for stable, well-positioned assets in Doral, Terra’s Doral Commons retail plaza has traded hands to Jamestown, L.P.

The 140,000-square-foot center is 95 percent leased, with a tenant roster anchored by Publix Supermarket alongside TJ Maxx, Citibank, GNC, AT&T Wireless, McDonald’s, and others. According to public record, Miami-based Terra sold the shopping center to Jamestown for $72 million – turning a nice profit off a property that’s 95 percent leased.

Continue reading