May 03, 2016 - 0 Comments - Top Stories -

Miami Commercial Real Estate News May 3, 2016: Biz Park Near Miami Airport Sells; Foreign Capital Driving CRE Investment; More…

Business Park Near MIA Trades For $16.6 Million

The deal includes four industrial buildings totaling roughly 178,521 square feet.

CIASF Panelists: CRE Is Heating Up In Miami’s Urban Core

Miami’s urban core markets generated $1.2 billion in retail property sales last year, according to a recent CIASF commercial real estate report.

25,230 SF Doral Industrial Lease Deal Brokered

The deal brings Prologis Beacon Centre Building 17, a 224,527 square foot building within the Class “A” industrial business park, to 100% occupied.

Foreign Capital Continues to Drive Biggest U.S. CRE Investments

Far from losing steam, foreign investors in the last few weeks seem to have stepped up their U.S. real estate investment game in the wake of several new mega-deals, while others have announced they intend to do so after a sluggish start to the year.  The breaking news this week is that Saudi Arabia…

Study: Brickell is Miami’s ‘Hottest Street’

Miami is becoming a buyer’s market Here are a bunch of informative charts by OpenHouse illustrating a few things exclusive to Miami, such as how fast homes have been selling, whether they’ve been going over or under ask, and generally how Miami is becoming a buyer’s market.  They also concluded that…

Miami Industrial Real Estate Market Report First Quarter 2016

2016 commences with strong activity in Miami’s industrial real estate market. The average lease rate has increased to $9.24 per sq. ft. and the average vacancy rate has decreased to 4.5%. The largest lease transaction of the 1st quarter was Amazon.com’s deal for the entire Building #5…

Yield Curve Quarterly Snapshot – 2016 Q1

At the end of the 1st quarter of 2016, U.S. Treasury yields, on a nominal basis, were essentially unchanged for maturities of one year or less, but around 30 basis points or so lower for virtually all maturities in excess of this. On a real basis, yields were around 30 to 60 basis points lower for all maturities from 5 years…