CLIENT NEWS: Lincoln Road landlords and brokers stage a comeback

November 18, 2025

Scott Sherman still remembers when landlords could get top dollar asking rents for retail and restaurant spaces on Lincoln Road, the outdoor pedestrian mall in Miami Beach. “Eight years ago, rents got ridiculous,” Sherman, who leads Miami-based Torose Equities, told The Real Deal. “They went from $150 to $300-plus a foot. Restaurants fled, national brands downsized and the street lost its energy.” Sherman, who was among the landlords steering the Lincoln Road Business Improvement District in the 2010s, returned to[...]

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New Project Gains Commission Approval

July 20, 2016

Miami-Dade approves huge Metrorail station project so you can ditch your car The Douglas Road Metrorail station is poised for a massive redevelopment that includes nearly 1,000 apartments, shops and a 150-room hotel, part of a far-reaching plan by Miami-Dade County’s transit agency to transform land around its train stops into urban hubs whose residents won’t need to rely on cars. The Link at Douglas, a joint venture of developers 13th Floor Investments and the Adler Group, got a green[...]

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Bercow Represents Exciting New Project

July 19, 2016

County considers $464M transit-oriented development deal  The Adler Group and 13th Floor Investment have asked Miami-Dade County officials to sign off on their $464 million deal to turn the Douglas Road Metrorail station into a transit-oriented development. The Miami-Dade County Transit and Mobility Services Committee will vote on the contact on Wednesday following a negotiation with county staff that lasted about a year. Adler Group and 13th Floor were the top bidders in a request for proposals (RFP) contest. If it passes[...]

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Mixed-use Project Considered in Cutler Bay

July 18, 2016

City to consider project mixing residential, retail and CVS The Village of Old Cutler mixed-use project has been proposed in Cutler Bay in south Miami-Dade County. Clearwater-based Boos Development Group will seek approval of its site plan before the town council on July 20. It would be on the 3.64-acre site at 20002 Old Cutler Road, which currently belongs to Village of Old Cutler Corp., owned by Andres Stefano in Miami. The project would have a 15,852-square-foot CVS pharmacy store with a drive thru plus a three-story[...]

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Firm Represents Townhome Developer

June 24, 2016

Developers propose 104-unit townhome project The Centerra Townhomes project has been proposed in Miami-Dade County’s Perrine neighborhood. The county received the application for the 104-unit project at 18000 S.W. 107th Ave. on June 6. Centerra Associations, a joint venture between Hollywood-based firms Cornerstone Group Development and M3 Developer Group, have the vacant property under contract.   Centerra Townhomes would have 104 units in Miami-Dade County’s Perrine neighborhood. The 11.25-acre site was seized in foreclosure in 2013. The current owner is[...]

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Starts Sales This Summer

June 23, 2016

Chetrit’s $1B mixed-use Miami River project to launch sales this summer Chetrit Group’s massive Miami River mixed-use project will launch condo sales later this summer, and is planning to bring on a major hotel flag, The Real Deal has learned. Melissa Tapanes Llahues, an attorney who represents Chetrit Group in its development, told TRD that she is now working on condo documents and permitting. She said the developers have hired Fortune International Group to handle sales, which will begin “in a couple of months.” She[...]

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