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Aimco’s waterfront office tower and adjacent apartment building in Brickell hit the market for roughly $650 million, marketed as a possible redevelopment opportunity. The Denver-based real estate investment trust wants to sell the 32-story Brickell Bay Office Tower at 1001 Brickell Bay Drive and the 31-story, 357-unit Yacht Club Apartments at 1111 Brickell Bay Drive, according to a news release from the listing brokers and Aimco’s annual earnings report filed to the Securities and Exchange Commission. A source confirmed the target price is about $650 million. The 4.3-acre site could be redeveloped with multiple supertalls with a total of more than 3.1 million square feet, the release says. By-right uses include condos, hotel keys, offices, retail or a combination of these.  Source: The Real Deal ° ° ° #miamitrendyrealty #giovannagonzalez #puertorico #boricuas #miamicondos #miamihomes #miamirealestate #miamirealtor #movetomiami #floridarealestate #luxuryhomes #luxuryrealestate #miami #florida #brickell #news #miaminews #brickellnews #aimco 

Trost Abdou Building - A Unique Investment Opportunity Welcome to 115 N Mesa, a prestigious Trost historical building nestled in the heart of El Paso, TX. This iconic property offers a seamless blend of charm and modernity, making it a coveted investment opportunity. Currently fully leased, this gem boasts a dynamic mix of multifamily and retail spaces. Key Features:     •    Trost Architectural Legacy: Designed by the renowned Trost & Trost architectural firm, this building stands as a testament to El Paso’s rich history. The meticulously preserved exterior exudes timeless elegance, capturing the essence of a bygone era.     •    Prime Location: Situated on N Mesa, this property enjoys a central location in El Paso, ensuring high visibility and foot traffic. Its proximity to key amenities, entertainment venues, and business districts enhances its appeal for both residents and retailers.     •    Fully Leased: Investors will appreciate the stability and income potential of a fully leased property. The current mix of multifamily and retail tenants ensures a diversified revenue stream, mitigating risks and maximizing returns.     •    Multifamily Residences: The property features thoughtfully designed multifamily units that cater to modern living preferences. Tenants enjoy a harmonious blend of historic charm and contemporary conveniences, creating a unique and desirable living experience.     •    Retail Spaces: The retail component of the building presents an excellent opportunity for businesses to thrive in a vibrant and bustling community. With a diverse range of retail spaces, this property is poised to attract a variety of businesses, enhancing the overall appeal of the investment.     •    Proven Investment Potential: El Paso’s real estate market has shown resilience and growth, making this property a strategic addition to any investment portfolio. The combination of historic significance, full occupancy, and a prime location positions 115 N Mesa as a valuable asset with long-term potential. This is a rare chance to own a piece of El Paso’s history while enjoying the financial benefits of a fully leased, multifaceted property. Don’t miss out on this opportunity to invest in a Trost historical building that seamlessly marries the past with the present. Contact us today to schedule a private viewing and explore the potential of 115 N Mesa. For more information, contact: Jorge E. Nieves 915.790.9757 [email protected] #REPcre #whoREPresentsyoumatters #commercialrealestate #texasrealestate

The Downtowns of the Triangle rock on! And continue to rise in terms of sophistication and innovation. Downtown Durham, Inc. has been a Triangle leader in terms of urban condo growth and high rise apartments along with boutique hotels. Condos in the https://www.thenovus.com/ are being sold for a record price above $900/sf. We do have a pause now due to the interest rate increase and the disarray in the capital markets, but expect the past acceleration to restart in the short term. And expect more vertical mixed-use high rise. Avison Young | US #urbanplanning #urbanlife #investments https://lnkd.in/eiTutUmU

Ever wondered about the different types of commercial real estate? Whether it's multifamily units, office buildings, industrial spaces, retail locations, or hospitality venues, each has its unique charm and purpose. Let's explore what makes each type stand out in the real estate world! 🏡🏢🏭🏬🏨 #RealEstateInsights #InvestmentOpportunities"

You're not alone if you're having trouble finding tenants for empty commercial property this year. It can be difficult for a lot of owners of commercial real estate to draw in typical tenants for their retail, office, industrial, and other spaces. #CommercialSpaceInnovation #AlternativeUses #LifeScienceLabs #MedtailRevolution #EatertainmentTrend #GlampingOpportunities #PickleballCraze #VacantSpaceSolutions #CommercialPropertyTips #ClarityCommercial #PropertyManagementExcellence #InnovativeLeasing #RealEstateTrends2024 #FutureOfCommercialRealEstate #TransformingSpaces https://vist.ly/tf5w

In the bustling metropolis of Los Angeles, where the fusion of technology, aesthetics, and ambition paints the cityscape, the prominence and desirability of tall buildings as real estate investments have never been higher. With groundbreaking advancements in engineering and design, the vertical expansion of LA’s real estate market speaks volumes about the future of metropolitan living and investment. When it comes to real estate investments, particularly in Los Angeles, unique factors come into play. Why are tall buildings commanding attention in this star-studded city? Let’s explore the distinctive attributes assigned to these high-rising structures and what makes them a top-tier investment choice. #LosAngelesRealEstate #TallBuildings #PropertyInvestment #HighRiseLiving #CityscapeInvestments

In the heart of Toronto, a transformation is unfolding that's redefining urban living - and it's all happening at 2992 Sheppard Ave. Imagine spacious, airy condos with balconies that offer not just a slice of the sky but a view into future living. 🌆 👷♂️ As industry experts, we've seen the market weave stories of spaces, but what's emerging here is a narrative of expansion within the confines of city walls. Let's unpack this: ▶️ Affordability meets elegance – starting at a friendly price in the low $500k, these condos break the mold by offering a luxury experience without breaking the bank. ▶️ A rare find: 10% down – a minimal down payment opens the doors to not just a property, but a future investment, making ownership accessible like never before. ▶️ Effortless entry – not one, but two covered vehicle entrances mark the beginning of convenience that permeates every aspect of this development. ▶️ Space is no longer a premium – developers have refused to compromise on square footage, ensuring that 'spacious layouts' aren't just buzzwords but a tangible reality for every suite. This isn't just about buying property; it's about investing in a lifestyle where space isn't sacrificed, and elegance is amplified. It's about the melding of serene living with the vibrant tapestry of Toronto's urban landscape. Those interested in grabbing a piece of this future, contact Sutton Group-Admiral Realty Inc., Brokerage for the VIP treatment you deserve. Thoughts on making the urban dream more accessible? #TorontoRealEstate #CondoLiving #UrbanInvestment #RealEstateTrends #SpaciousLiving

Fantastic Monday Morning ☺️ Mr Progress asked what is Residential Real Estate? Here is my response "Residential real estate refers to properties where people live, such as houses, apartments, condominiums, townhouses, and vacation homes. It's different from commercial real estate, which includes properties used for business purposes like office buildings, retail spaces, and warehouses". # RealEstateGuru. #RealEstate Education. #coverealestateandconstruction.

📚 TERMINOLOGY TUESDAY :: Transit-oriented Development: Real estate projects that are built around transit to maximize access to shared transportation modes. Typically, the TOD project is dense and walkable, and includes a mix of uses such as residential, office, retail, hotel & entertainment. #LeeDenver #LeeAssociates #CRE #ColoradoRealEstate #CommercialRealEstate #Denver #Transit-oriented #Development