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Melea VanOstrand

Melea VanOstrand

Melea VanOstrand oversees the Daily Business Review as ALM's Florida Bureau Chief. Email Melea at [email protected] or follow her on her Twitter or Facebook pages.

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December 28, 2022 | Daily Business Review

Miami Retail Spending Has Slightly Slowed, But Demand for Retail Space Remains Strong

As the construction pace accelerates, Miami is one of four major markets in the country that's projected to have had a retail inventory growth of at least 1% in 2022.

By Melea VanOstrand

4 minute read

December 27, 2022 | Daily Business Review

Bleisure? Business and Leisure Travel Paving the Way for South Florida Hotel Recovery in 2023

"There's a recession, there's higher interest rates, inflation. But on the other side, you have a new source of demand, you have groups coming back, you're able to adjust rates, and you have new supply," said Driftwood Capital CEO Carlos Rodriguez Sr.

By Melea VanOstrand

5 minute read

December 22, 2022 | Daily Business Review

Miami Beach Becoming a 'One-Stop Shop' for Executives, Driving CRE Investment

"From November of 2021 to November 2022, the road got 8 million people," said Mindy McIlroy, president of Terranova Corp.

By Melea VanOstrand

5 minute read

December 21, 2022 | Daily Business Review

Real Estate in 2023: What's the Future of South Florida's High-End Developments?

South Florida has gone through a renaissance over the past two years, according to Camilo Miguel Jr. of Mast Capital.

By Melea VanOstrand

6 minute read

December 20, 2022 | Daily Business Review

What's Ahead for South Florida Commercial Real Estate? Professionals Weigh In

"Leisure travel and special events continue to drive great demand for hotel, food and beverage, and entertainment options across South Florida, thanks in part to more flexible work options," said Suzanne Amaducci-Adams, a partner and head of real estate at Bilzin Sumberg.

By Melea VanOstrand

4 minute read

December 19, 2022 | Daily Business Review

$16.3M Jury Verdict More Than Just a Win for Unit Owners, Attorney Says

"Fortunately for us, we had a very smart, attentive, and perceptive jury that understood the issues that were very complicated, because we were able to simplify them, and ultimately they were able to arrive at a decision that was not only a right and fair decision but a decision that was based upon the evidence," said attorney Stevan Pardo of Pardo Jackson Gainsburg.

By Melea VanOstrand

4 minute read

December 16, 2022 | Daily Business Review

Fort Lauderdale's Largest Class A Office Development 100% Leased as Flight-to-Quality Increases

"Over the last year, flight-to-quality remained at the forefront of all major office moves, and the uptick of new-to-market demand translated into the stellar performance of new office developments and top-tier existing Class A office space," said Danet Linares, executive vice chairman of Blanca Commercial Real Estate.

By Melea VanOstrand

3 minute read

December 15, 2022 | Daily Business Review

Edgewater Poised to Become the Hot Place to Live

Two Roads Development is working on its third development in the market, and OKO Group and Cain International are developing Missoni Baia, a 57-story, 146-unit luxury residential tower at 700 NE 26th Terrace in East Edgewater.

By Melea VanOstrand

4 minute read

December 14, 2022 | Daily Business Review

'They Have the Vision': Miami Draws in Design-Oriented Commercial Tenants Amid High-End Housing Demand

"Pre-pandemic it was regional tenants that were coming. Now, we're seeing national and international tenants lease space," Emilia Howard of Gridline Properties said. "They're coming from all areas, and it accelerated after the pandemic."

By Melea VanOstrand

2 minute read

December 13, 2022 | Daily Business Review

Brickell's First High-Rise Tower Partially Powered by the Sun in High Demand as Consumers Snatch Up Luxury Residences

"Buyers are gravitating toward developments that offer vast amenity spaces they do not have to share with hotel guests that feature a wide variety of high-end amenities, such as expansive wine lounges, immersive wellness spaces equipped with highly personalized concierge services, and family-friendly common areas for all to enjoy," said Yamal Yidios CEO of Miami-based YTech.

By Melea VanOstrand

3 minute read