South Florida closed out the week with a surge of high-impact business transactions and real estate activity, signaling continued investor confidence across Miami-Dade, Broward, and Palm Beach counties. From blockbuster land listings to major office leases and industrial trades, the regional market is ending the year with strong momentum.
Industrial strength in Broward
In one of the week’s most notable closings, JLL brokered the sale of a 199,731-square-foot industrial campus in Broward County—a property anchored by tenants spanning healthcare, aerospace, construction, and logistics. The deal reflects the ongoing demand for industrial product in South Florida, where vacancy rates remain among the lowest in the nation.
Miami office market lands major leases
Miami-Dade saw meaningful office activity as CP Group secured over 50,000 square feet in new leases and renewals at Miami Tower. The deals bring additional corporate tenants into one of downtown’s flagship Class A properties and underscore a continued push toward amenitized, centrally located office environments.
$13 million Little Havana assemblage trades hands
Marcus & Millichap closed the sale of an 11-parcel development site in Little Havana for $13 million—one of the area’s most significant land transactions this month. The contiguous parcels offer prime potential for future multifamily or mixed-use development, continuing the neighborhood’s steady evolution.
Palm Beach luxury reaches new heights
At the top of the luxury market, WeatherTech CEO David MacNeil listed two lake-to-ocean Manalapan lots for a combined $125 million. The 3.5-acre offering is now one of the priciest residential land listings in Palm Beach County and highlights ongoing demand for trophy waterfront properties. Source: New York Post
Miami Beach prepares for a multibillion-dollar transformation
A sweeping redevelopment movement is reshaping Miami Beach’s Lincoln Road corridor, with more than $4 billion in luxury development, new residences, and public art integrations proposed or underway. Plans include penthouses priced above $120 million and new high-end retail and cultural amenities. Source: New York Post
A market flush with new inventory
Across all three counties, active listings continue to rise—Palm Beach by roughly 50%, Broward by 22.5%, and Miami-Dade by 19%—offering more options to buyers and signaling a shift toward greater balance in the region’s housing market. Source: Miami Herald
Luxury and cash sales continue to lead
Miami-Dade’s luxury segment remains strong, with $1 million-plus transactions and all-cash sales climbing—an indicator that affluent domestic and international buyers are still driving top-tier deal flow. Source: MIAMI Association of REALTORS®
South Florida’s business and real estate markets are ending the year with characteristic energy: big deals, high-end listings, and sustained investor appetite across all sectors. As inventory increases and development accelerates, the tri-county region is positioned to continue its trajectory as one of the country’s most dynamic real estate hubs.
