November 2016 • HawkinsCRE

Video: 2016 Q3 Industrial Property Trends ~ Reis

Nov 30, 2016 - Trends - 0 Comments - Standard

Industrial property trends are discussed by Victor Calanog, PhD, Chief Economist and Senior Vice President of Reis, for the third quarter of 2016.  Miami area investors may also wish to view current sales and leasing trend charts for industrial properties in the (Miami) area, such those for Hialeah, Florida asking rent and the total number of […]

A Speculative Analysis of the Purchase of Plaza 8 Shopping Center at 9600 SW 8th Street

Nov 30, 2016 - Analysis - 0 Comments - Standard

View on Google NOI Speculation Costar reports that The Plaza 8 shopping center, located at 9600 SW 8th Street, Miami, FL, 33174, sold for $$11,186,604.  Our data, sourced from Miami-Dade, shows this property as 56,493 adjusted square feet on a 106,350 square feet lot, while Costar indicates 53,428 of gross leaseable area.  The average lease […]

Miami Commercial Real Estate News November 29, 2016: Doronin Adds to Edgewater Assemblage; 100 Biscayne Tower Sold; More…

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

Vlad Doronin adds to Edgewater assemblage with $54M purchase Vladislav Doronin’s OKO Group just paid $54 million to buy a 2-acre parcel fronting Biscayne Bay, adding to the Russian billionaire developer’s assemblage in Miami’s Edgewater neighborhood. The property, at 720 Northeast 27th Street, is north of OKO Group’s Missoni Baia, a 57-story, 146-unit luxury condominium planned […]

Video: Multifamily Market Trends and Forecast ~ Rent Increases and Property Management

Nov 29, 2016 - Trends - 0 Comments - Standard

Steven DeFrancis with Courtland Partners, a multifamily apartment property investor, Benno Rotschild with Hartman Simons, Jamie Teabo, a board member of the Atlanta Apartment Association and Post Properties’ (a company with multifamily properties in Florida, Georgia, Texas, and the District of Columbia) Executive VP, and Michael Bull, a commercial broker active in multifamily apartments in […]

Video: Multifamily Market Trends and Forecasts: Interest Rates and Foreign Investors

Nov 29, 2016 - Trends - 0 Comments - Standard

Steven DeFrancis of Courtland Partners, an investor in multifamily apartment properties, Benno Rotschild, a lawyer with Hartman Simons who works with multifamily commercial property investors, Jamie Teabo, a board member of the Atlanta Apartment Association and Executive VP of Post Properties, a company with multifamily properties in Florida, Georgia, Texas, and the District of Columbia, […]

Chart: Commercial Properties Sold Versus Total Listings

Nov 23, 2016 - Analysis - 0 Comments - Standard

This is a chart of the number of total commercial improved properties listed at the end of a given month (right axis) versus the number of properties sold in that month (left axis) in the Miami MLS.  While the number of properties listed has declined more than 25% from its peak a few years back, […]

Video: Multifamily Market Trends and Forecasts ~ Marketplace Trends

Nov 23, 2016 - Trends - 0 Comments - Standard

This is a video of a short discussion of major trends in multifamily with Steven DeFrancis of Courtland Partners, an investor in multifamily properties, Benno Rotschild, a lawyer with Hartman Simons who works with multifamily investors, and Jamie Teabo, a board member of the Atlanta Apartment Association and Executive VP of Post Properties, a company […]

Miami Commercial Real Estate News November 22, 2016: Marine Stadium Secures Reno Financing; McKinsey Leases at Brickell City Centre; More…

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

Experts forecast the state of Miami’s real estate market in 2017: panels From the rising tide of foreign investment in commercial real estate and the future of the popular EB-5 visa program to how long the residential slowdown will last, some of South Florida’s top real estate players offered their take on what the market […]

The Largest Commercial (Improved) Property Sales in the Prior Year

Nov 18, 2016 - Analysis - 0 Comments - Standard

As of November 18, 2016, the Miami-Dade MLS lists the following properties as the largest (in dollars) transactions for commercial improved property within Miami-Dade county: 1135 103rd Street 5901 74th Street 2500 28th Lane 1495 167th Street 2350 173rd Street 5020 Biscayne Boulevard 9408 87th Avenue 1801 22nd Street 333 – 343 Jefferson Avenue 8521 […]

Commercial Property in Zip Code 33173: Year’s Top Buyers, Sellers, Ten Year Sales Volume

Nov 18, 2016 - Analysis - 0 Comments - Standard

For commercial property of all types in Miami’s zip code 33173,  the top buyers as listed by Costar on November 18, 2016 included: Acumen Real Estate; Equity One, Inc.; CF Properties Corp; IMC Equity Group; Luis Malo; CVS Health; Miami-Dade Parks, Recreation, and Open Space Dept; Jose Munoz; Equity One Florida Portfolio, Inc.; Chaptal.  The total purchase […]

Miami Commercial Property Related News November 17, 2016: Brickell Condo Development Might Slow; $60 Million Jungle Island Deal Going Before Commission; More…

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

$60 million Jungle Island deal to go before Miami commission Jungle Island’s proposed redevelopment could move a step forward on Thursday. The Miami City Commission will consider approving a lease transfer to an Aventura-based real estate firm in a deal valued at $60 million. Jungle Island (property info) owner Bern Levine plans to sell the theme […]

Difference in Pricing of Class A, B, and C Office Leases in Miami-Dade County

Nov 16, 2016 - Analysis - 0 Comments - Standard

Having recently run into a situation where a Miami office building seemed to be classified lower than it actually is, we wondered what the financial impact of this, in rental rates, might be.  To get a feel for this, we evaluated average asking gross asking rent per square foot for office properties in Miami-Dade county […]

Miami Commercial Real Estate News November 15, 2016: $15.6 Billion REIT Merger; Miami Developers Welcome Trump Presidency; More…

Nov 15, 2016 - Top Stories - 0 Comments - Standard

Miami real estate players welcome Trump presidency As South Florida dealt with the stunning results of the presidential election, Miami’s real estate industry looked toward the future, mostly with optimism. For developers and brokers, a Donald Trump presidency is good for business, they told The Real Deal.  Developer Jules Trump sees a the president-elect as […]