Industry Reports: Commercial Real Estate

For today’s BBIMI blog we are taking a closer look at the commercial real estate business around Florida. Here at BB Insurance Marketing we have a multitude of clients in the commercial real estate field, so we love giving back to our customer base with these informative blog posts. So click below to see the latest news and happenings in the world of commercial real estate.

Miami Tower Goes Green

One of the most famous towers in Miami is going through LEED certification. Yes, the Miami Tower is looking to give back to its residents in a way that is the most energy and environmentally conscious. In fact, the new designed Miami Tower is going to use 92% less energy than it previously did. This change is expected to save tenants and owners over $250,000 in yearly costs! Another fun fact about the new and improved building is that it will come equipped with energy efficient lights with the ability to change colors for different holidays, occasions and events at the touch of a button. (via GlobeSt)

Walmart Invades Midtown Miami

Walmart is currently in the process of applying for a permit to open a new store in Midtown Miami. The store is planning to break ground in 2013 and open in 2014. The construction and operations of the new Walmart is going to create about 750 jobs, 400 being construction jobs and the remainder being for retail and operations. The Walmart will include a full-service grocery, garden center, pharmacy, and vision center. The new store will also be designed around Midtown Miami’s urban style, by having street-level retail storefronts for additional retailers and off-street parking in a multi-level garage. (via GlobeSt)