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Blanca Commercial Real Estate is jumping into property management. Tere Blanca’s company announced it brought on Peter Romero to lead the new division.
Cube Wynwd, at 222 N.W. 24th St., will be one of the first modern Class A office buildings in Wynwood, which is best known for street art, dining and shopping. This is one of four developments there with office space, and the third to start construction.
RedSky Capital closed on an $18.27 million construction loan for an office building it plans to develop in Wynwood, property records show.
John Guitar left Florida East Coast Industries to join Blanca Commercial Real Estate as managing director and vice chair. Guitar will oversee the day-to-day operations and lead the statewide expansion of the Brickell-based commercial brokerage, which is led by CEO Tere Blanca.
Miami-based Blanca Commercial Real Estate announced plans for a statewide expansion after hiring John Guitar from the developer of All Aboard Florida.
The glacial pace of Flagler Street’s renovation downtown has built frustration since the project was proposed in 2011. Last week, directors of Miami’s Downtown Development Authority agreed to another delay.
Just under two years since Miami approved a new zoning plan for the Wynwood Art District, developers have proposed many projects that would introduce new uses to the neighborhood, often with architecture unlike anything found elsewhere in South Florida.
The Doral Logistics Center, a 174,024-square-foot industrial complex, is 100 percent leased after an aircraft supply company leased the remaining 88,680 square feet, Transwestern announced.