March 2016 • HawkinsCRE

Miami Commercial Property News March 31, 2016

Mar 31, 2016 - Top Stories - 0 Comments - Standard

Peruvian Consulate Purchases Coral Gables Office Building The post Peruvian Consulate Purchases Coral Gables Office Building appeared first on CRE-sources | South Florida Commercial Real Estate News. Lufthansa Signs On For 20,000 Square Feet The post Lufthansa Signs On For 20,000 Square Feet appeared first on CRE-sources | South Florida Commercial Real Estate News. Miller […]

Miami Commercial Real Estate News March 29, 2016: Alton Road Property Sells for Near $9 Million; Ground Broken for 64 Story Brickell Flatiron; More…

Mar 29, 2016 - Top Stories - 0 Comments - Standard

Alton Road Mixed-Use Property Fetches $8.65 Million Scott Sandelin and Alejandro D’Alba represented both the seller and the buyer in the transaction. CMC Group Breaks Ground on 64 Story Brickell Flatiron in Miami Ugo Colombo’s CMC Group has broken ground on a 64-story condo tower in the heart of Miami, FL. The Brickell Flatiron will […]

Video of Discussion with Tom Walsh of Grandbridge Real Estate Capital: Commercial Real Estate Lending Today

Mar 28, 2016 - Observations - 0 Comments - Standard

Tom Walsh with Grandbridge Real Estate Capital sits with commercial broker Michael Bull to discuss what sectors seem to be the most popular with lenders today, how rate increases are affecting lending, underwriting trends these days, general advice for lenders, the best sources of capital by property type, and the current trends with appraisals.

Commercial Property in Zip Code 33155: Year’s Top Buyers, Sellers, Ten Year Sales Volume

Mar 25, 2016 - Analysis - 0 Comments - Standard

For commercial property of all types in Miami’s zip code 33155 the top buyers in the past year as listed by Costar on March 24 2016, were: Kireland Management, LLC; Paul Palmer; Superior Realty Group LLC; Miller Lake Apartments; Mc Bird Road LLC; SSI Properties Inc; Estate Investments Group; Alex Kurkin; Sunshine Gasoline Distributors Inc.; […]

Miami Commercial Property News March 24, 2016: Turnberry Wants to Build on Alton Road; Flagler Breaks Ground on New Class-A Warehouse; More…

Mar 24, 2016 - Top Stories - 0 Comments - Standard

Turnberry wants to build new project on Alton Road Turnberry Associates and Elion Partners have submitted plans for a new five-story project on Miami Beach’s ever-changing Alton Road.  The proposal, first reported by the Next Miami, includes a mixed-use building with 28,142 square feet… Flagler Breaks Ground on New Class-A Distribution Warehouse Coral Gables, FL-based […]

Video: U.S. Restaurant Industry Performance & Trends ~ Daren Tristano, EVP at Technomic

Mar 23, 2016 - Analysis - 0 Comments - Standard

In this interview by Michael Bull, a commercial real estate broker in Georgia, Daren Tristano, EVP at Technomic, discusses current restaurant industry trends and as well as performance, and the implications for commercial real estate. Which franchises are finding the most success in today’s market.  Which are struggling? A consistent theme in this interview is […]

Commercial Property in Zip Code 33165: Year’s Top Buyers, Sellers, Ten Year Sales Volume

Mar 23, 2016 - Analysis - 0 Comments - Standard

For commercial property of all types in Miami’s zip code 33165 the top buyers in the past year as listed by Costar on March 16, 2016, were: Equity One, Inc.; University Shoppes Summit, LLC; IMC Equity Group; Leon Medical Centers; Acedemica Corporation; Antonio Bacallao; Bayrock Investment Company; Orlando Horta Jr; Christopher M Murray; RAND Real […]

Miami Commercial Real Estate News March 23, 2016: Waterfront Lots Across from Beckham’s Proposed MLS Stadium Trade; 817-Foot Tower Proposed Next to Epic Hotel; More…

Mar 22, 2016 - Top Stories - 0 Comments - Standard

Waterfront lot across from Beckham’s proposed MLS stadium sells for $6.7M A developer picked up more than an acre across the street from David Beckham’s proposed Major League Soccer stadium in Miami, as the area becomes increasingly attractive to investors.  Fabio Faerman and Jonathan Molano… Verzasca closes $13M deal for City Hall site in Edgewater The […]

Mid-Market Miami-Dade Industrial Properties Cap Rate Drifts Under 7% ; Top Buyers

Mar 21, 2016 - Analysis - 0 Comments - Standard

The capitalization rate (cap rate) for mid-market industrial properties in Miami-Dade County (10,000 to 50,000 square feet) drifted to just under 7% in the most recent period reported by Costar.  As can be seen in the attached chart, cap rates over the past few years have moved between 6% to 8% midpoint, and of late have […]

Miami Downtown Development Authority Publishes Annual Report for 2014-2015

Mar 18, 2016 - Observations - 0 Comments - Standard

The Miami Downtown Development Authority (Miami DDA) published its annual report for 2014-2015.  The report reflects on the past year, which welcomed a flurry of exciting developments. Some excepts: next year holds the promise of even more with All Aboard Florida, Miami Worldcenter, and the Flagler Street Beautification Project getting under way, and the completion of Brickell City […]

Miami Commercial Real Estate News March 17, 2016: Amazon.com Leases Distribution Center; Kendall Place Apartments Sell; More…

Mar 17, 2016 - Top Stories - 0 Comments - Standard

Amazon.com Inks Deal For New Distribution Center In South Florida The initial term of the lease is for seven and one-quarter years. Stockbridge Capital Purchases 228 Unit Luxury Apartments in Miami Jamestown Properties sold the 228-unit Bridges at Kendall Place apartments at 8485 Hammocks Blvd. in Miami, FL to Stockbridge Capital Group LLC for $52.7 […]

Commercial Property in Zip Code 33135: Year’s Top Buyers, Sellers, Ten Year Sales Volume

Mar 16, 2016 - Observations - 0 Comments - Standard

For commercial property of all types in Miami’s zip code 33135 the top buyers in the past year as listed by Costar on February 10, 2016, were: Saglo Investors; Miami-Dade Community College; Sterling Building Inc.; Publix Supermarkets Inc.; Burke Leighton Asset Management; Leon Medical Centers; Ada Group 8th Street LLC; Christy D, LLC; Izhak Wanounou; […]

Miami Retail, Multifamily Referenced in Wells Fargo Securities Fourth Quarter 2015 Commercial Real Estate Chartbook

Mar 16, 2016 - Analysis - 0 Comments - Standard

In addition to being featured in many of the charts in the Wells Fargo Securities Fourth Quarter 2015 Commercial Real Estate Chartbook, Miami is mentioned within the text: Favorable demographics suggest the apartment sector has more room to run, but we suspect we are beginning to see signs of the imminent moderation in Class B/C apartment fundamentals as […]

Mid-Market Miami-Dade Industrial Properties: Top Buyers, Sellers for the Year

Mar 14, 2016 - Observations - 0 Comments - Standard

For industial properties in Miami-Dade County (trends) from 10,000 to 50,000 square feet, the top buyers in the past year as listed by Costar on February 24, 2016, were: Thor Equities; The Rockefeller Group; Terreno Realty Corporation; CoFe Properties LLC; Falcone Group; IMC Equity Group; East End Capital Partners, LLC; The Carlyle Group; Alecta; Seagis Property Group […]