The city of Westlake, Palm Beach County’s newest municipality, is attracting major national retailers, with Walmart and Lowe’s set to present development plans for new locations along its commercial corridor. This expansion underscores the increasing demand for retail infrastructure driven by rapid residential growth in the western suburbs. Westlake, developed…
A new sight is coming to South Florida. Terra Development will be starting its new development of Upland Park after securing a $170 million construction loan from Slate Property Group for phase 1. The $1 Billion project is set to begin in early 2025, with a formal groundbreaking ceremony. This…
The Rise of Adaptive Reuse in Self-Storage Around 9% of the total self-storage space in the U.S. comes from adaptive reuse, with 78% of these conversions happening in industrial buildings and 16% in former retail spaces. This trend is a creative solution to meet the increasing demand for storage while…
As we approach 2025, the commercial real estate (CRE) landscape is poised for significant transformations. Drawing from industry analyses and emerging trends, here are eight key predictions shaping the future of CRE: Data Centers Leading Performance: With the exponential growth of digital data, the data center sector is expected to…
Art Basel Miami Beach has evolved from an ambitious art fair into a transformative force for Miami's cultural and economic landscape. Launched in 2002 as the American extension of the renowned Swiss art fair, the event not only introduced the city to the global art scene but also positioned Miami…
Palm Beach Gardens’ renowned Stage Kitchen & Bar is poised to make waves in Boca Raton. Slated to open in early 2025 along the prestigious Restaurant Row on Town Center Road, this new venture promises to bring the same bold, globally inspired flavors that have earned Stage national acclaim. Known…
Adaptive reuse has been a hot topic in real estate, especially when it comes to converting office buildings into residential or hospitality spaces. But there’s another trend gaining traction—turning old industrial and retail buildings into self-storage facilities. According to a report from StorageCafe, this shift is growing, and it’s reshaping…
Vanderbilt University has received unanimous approval from the Palm Beach County Commission to establish a new campus in downtown West Palm Beach, marking a significant development for the area. This initiative is supported by a major land donation that includes two acres at 386 S. Tamarind Ave., along with additional…
Exciting news for vegan food lovers! Odd Burger, the Canadian quick-serve vegan chain, is set to open 40 new locations across Florida over the next eight years. This announcement comes on the heels of their previous agreement to launch 20 locations in Washington state, adding to their current roster of…
By Commercial Brokers International Florida's dynamic business landscape is attracting international companies and brands at an unprecedented rate, creating exciting opportunities in the state's commercial real estate market. As a worldwide trading hub and gateway to the Americas, Florida provides unique advantages that are drawing international investment and fueling economic…
