Bacardi Limited is acquiring tequila maker Patron Spirits International, which is valued at $5.1 billion.

Miami’s brokerage YachtWorld and Marinalife, a web directory, entered a partnership to launch a membership program, providing access to the largest online marina directory.

Marketing and advertising agency Hogarth Worldwide opened an office in Miami.

NAI Miami negotiated the $13.5 million purchase of an office building at 4700 Biscayne Blvd., where the private Cushman School plans to move its high school.

Redevelopment Management Associates’ plan to redevelop the Naranja Lakes community redevelopment area got Miami Dade County Commission approval to move forward.

The Be A Voice Gala raised $740,000 toward foster children in Miami, welcoming 400 attendees.

Amy Rosenberg was named chief development officer for Friends of The Underline.

Italian airline Meridiana will begin flights from Miami International Airport in June.

►LIV nightclub owner David Grutman entered a partnership with Sugar Factory to open a doughnut shop in Miami Beach.

NR Investments proposed two mixed-use projects for Miami’s Arts and Entertainment District.

Sunny Isles Beach-based Dezer Development paid $23.7 million for a closed shopping mall in Orlando.

NAI Miami brokered a 70-acre development site in West Kendall for nearly $41.84 million.

Cushman & Wakefield negotiated the $22.8-million sale of Transal Park, a six-building flex campus in Doral.

Royal Caribbean Cruises, JPMorgan and Ryder are among the local companies giving employees bonuses and raises because of changes in the federal tax law.

In a multiyear deal, Malaysian gambling conglomerate Genting Group plans to run live events at the former Miami Herald site.

► Italian food hall La Centrale opened at Brickell City Centre.

► International soccer star David Beckham won approval for a Major League Soccer franchise in Miami.

► Brokerage firm Fortune Development Sales will manage leasing at Panorama Tower, an 85-story rental development in Brickell.

► Eco-friendly Woosh Water stations, a purified alternative to bottled water, have been installed in Miami Beach.

►Developers CIM Group and Falcone Group topped off construction at Caoba, a 43-story apartment tower at Miami Worldcenter.

►Mayor George Vallejo and the city of North Miami Beach delivered a formal proclamation, commemorating real estate developer Macken Companies for 30 years of business.

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