April 2017 • HawkinsCRE

Construction Financial Management Association Economic Advisor Anirban Basu Discusses the State of the Construction Industry

Apr 28, 2017 - Development - 0 Comments - Standard

Anirban Basu, Economic Advisor with CFMA (Construction Financial Management Association) comes on The Commercial Real Estate Show to discuss trends and forecasts in the construction industry. Some highlights include: Construction costs becoming more expensive due to labor cost increases Skilled labor particularly difficult to find Some materials costs increasing as well, yet many are below […]

Miami Commercial Property News April 27, 2017: Developer Proposes to Redevelop Miami-Dade Courthouse; More…

Apr 27, 2017 - Top Stories - 0 Comments - Standard

Russell Galbut wants to redevelop Miami-Dade courthouse in exchange for $1.8 billion over 99-year lease Developer Russell Galbut made an unsolicited offer to build Miami-Dade a new, $300 million courthouse in exchange for a 99-year lease and the right to redevelop the existing courthouse. Under Galbut’s proposal, his firm Crescent Heights would collect at least […]

Barbara Denham, Senior Economist at Reis, Discusses Retail Property Market

Apr 26, 2017 - Retail Properties - 0 Comments - Standard

Barbara Denham, Senior Economist from Reis, comes on The Commercial Real Estate Show to discuss the retail property market, including performance, vacancy, and cap rate trends. Some highlights of this interview include: Starting to see a trickle in impact of store closures on retails property market Some declines in rents and increases in vacancy in […]

Miami Commercial Real Estate News April 25, 2017: Hyatt May Rebuild Downtown; More…

Apr 25, 2017 - Top Stories - 0 Comments - Standard

Hyatt may rebuild Miami hotel and convention center Hyatt Hotels Corp. and the Miami city government are discussing a deal to redevelop the company’s Hyatt Regency hotel in downtown Miami and the adjacent James L. Knight Center convention complex. The hotel and convention center opened on the north bank of the Miami River in 1982. Terms […]

Video discusses whether a tenant will have to pay its tenant rep?

Apr 22, 2017 - Educational - 0 Comments - Standard

The host of The Commercial Real Estate Show, Michael Bull, answers the question; “As a tenant, will I have to pay my tenant rep?” His answer, a firm “typically, no,” further noting 90-95% of the time “no,” is consistent with my experience. As he further notes, tenant representative fees tend to be built into the […]

Miami Commercial Property News April 20, 2017: Genting Wins; Scarface Chainsaw Scene to Become a CVS; More…

Apr 20, 2017 - Top Stories - 0 Comments - Standard

Gambling giant Genting wins Miami-Dade joint development Miami-Dade’s County Commission on Tuesday unanimously approved joint development at the Omni bus terminal with access to the Adrienne Arsht Center Metromover station for Resorts World Miami LLC, which is planning a 300-room hotel over the bus terminal. This will include air rights over the property for the Department […]

Video: Development Company CEO Discusses Potential Impact of Trump Policies on the Industrial Market

Apr 19, 2017 - Industrial - 0 Comments - Standard

Larry Callahan, the CEO of Pattillo Industrial Real Estate, joins Michael Bull on an episode of The Commercial Real Estate Show to discuss some of the potential effects the Trump administration might have on industrial real estate.  Potential changes in the tax code, tariffs, and regulation, and how they might affect commercial real estate, in particular […]

Miami Commercial Real Estate News April 18, 2017: Rents Decrease; Whole Foods Anchored Center Coming to South of Miami; More…

Apr 18, 2017 - Top Stories - 0 Comments - Standard

Whole Foods-anchored retail center coming to U.S. 1 corridor south of Miami Regency Centers Corporation announced plans to build a 70,000-square-foot retail center just south of Miami anchored by a Whole Foods Market grocery store. Jacksonville-based Regency will build the retail center, called Pinecrest Place, next to an existing 173,000-square-foot Target department store off U.S. 1. Regency […]

Video: United States Restaurant Trends 2017

Apr 15, 2017 - Retail Properties - 0 Comments - Standard

Robin and Eric Gagnon, Chief Marketing Office and President, respectively, of We Sell Restaurants, join The Commercial Real Estate Show in Studio One to discuss various performance and trends in the United States restaurant sector, which affects retail properties. Highlights include: Escalators in excess of revenue growth can be problematic Seven in ten restaurants are […]

Miami Commercial Property Related News April 13, 2017: Allapattah Assemblage Trades; Transit Development Talk; More…

Apr 13, 2017 - Top Stories - 0 Comments - Standard

Allapattah assemblage sells for $3.1 million An assemblage of four parcels just sold for $3.1 million in Allapattah, as investors continue to target the gritty Miami neighborhood west of Wynwood for redevelopment. The properties include 2140 Northwest 36th Street (aerial), 2135 Northwest 35th Street, 2141 Northwest 35th Street and 2145 Northwest 35th Street. Records show the sites span […]

Video: Managing Director of the Center for Realtor Technology Highlights Building Technology Resources

Apr 12, 2017 - Technology - 0 Comments - Standard

Chad Curry, Managing Director at the Center for Realtor® Technology, joins The Commercial Real Estate Show to discuss building technology  resources for commercial buildings. Highlights of this video include: The Array of Things, a micro-climate monitoring system out of Chicago Various online resources for commercial space technology CRTlabs.org FastCoDesign.com FastCoLabs TheNextWeb ReadWrite CityLab CRT Labs is […]

Miami Commercial Real Estate News April 11, 2017: Aventura Mall Sears to be Redeveloped; Auberge Nixed; More…

Apr 11, 2017 - Top Stories - 0 Comments - Standard

Sears at Aventura Mall to shutter, be redeveloped into mixed-use project The Sears at Aventura Mall will close this summer and the site will be developed into a mixed-use project. Sears, at 19505 Biscayne Boulevard, will begin its liquidation sale at the end of April and close by mid-July, the South Florida Business Journal reported. […]