Miami's commercial real estate market has been hot for several years now, but the risks are real. The recent sale of a large office building helps illustrate the potential upside and downside.The 30-story tower at 1111 Brickell Avenue recently sold to a joint venture...
Commercial Real Estate
Commercial real estate in Florida: do not try this at home!
Commercial real estate is big business in South Florida -- maybe even the biggest. It is connected to all of the state's major industries from tourism and housing to banking, government and health care. If there is a business sector that requires property, commercial...
Florida developers react to millennials’ generational disruption
The burgeoning population of millennials in Florida is having a profound effect on commercial real estate transactions in the state. At more than 75 million individuals, millennials - those born between 1980 and 1997 - are the largest consumer group ever to have to...
How do I negotiate a commercial lease?
Commercial leasing is an important concern for many businesses and companies. As a result, it can be helpful to understand the different aspect of a commercial lease and how to negotiate a commercial lease to help avoid commercial lease litigation. Commercial leases...
Office building in Miami area purchase for $96 million
Commercial real estate offers many exciting opportunities for many business and companies to grow and expand which is why it is helpful for them to understand the legal process surrounding commercial real estate transactions. A company recently purchase a class A...
The basics of business disputes
The legal process provides important protections to help facilitate smooth business and commercial real estate transactions. Commercial litigation can arise in a variety of situations and circumstances and may be understandably unwelcome. Commercial real estate...
What is a franchise?
There are a variety of different benefits associate with franchising but if you are considering opening a franchise business, you may wonder what they are. At its most basic level, a franchise business system allows entrepreneurs purchase rights to open a run a...
Understanding the importance of zoning laws
Zoning laws, and familiarity with them, are important to commercial real estate in general and are important for commercial real estate transactions. Understanding zoning laws in the Miami area is important when conducting a commercial real estate transaction in the...
Miami’s booming real estate market requires skilled legal help
After the real estate market bubble burst and stock market crash set off the worst economic crisis since the Great Depression in 2008, developers stayed away from new projects for several years. However, that reluctance is in the past. Today, real estate is booming in...
What do I need to put in my purchase and sale agreement?
If you are buying or selling a business in Miami, you will need to draft a contract to ensure that your sale is protected. The most important thing to remember when drafting a purchase and sale agreement is to include enough detail to protect you from business...