June 2015 • Page 2 of 3 • Hawkins Commercial Realty

Miami Commercial Real Estate News June 19, 2015

Jun 19, 2015 - Top Stories - 0 Comments - Standard

Coming Soon: Mana’s Special Area Plan For Wynwood Moshe Mana will soon submit a Special Area Plan for about 30 acres that he owns in Wynwood, his architect told a Miami board yesterday. Bernard Zyscovich said that the plan would be commercial oriented, include assembly space, and create jobs. It will be submitted for review in […]

Video Interview: Miami Worldcenter’s Nitin Motwani

Jun 18, 2015 - Development - 0 Comments - Standard

Given its length, the interview with Miami Worldcenter’s Nitin Motwani is broken into 3 pieces, all of which are blow.  Links to pages with additional information related to Miami Worldcenter may be found at the top of this page. Miami Worldcenter’s Nitin Motwani Video: Part 1  Miami Worldcenter’s Nitin Motwani Video: Part 2 Miami Worldcenter’s Nitin Motwani […]

Miami Commercial Property News June 18, 2015

Jun 18, 2015 - Top Stories - 0 Comments - Standard

Fed says U.S. economy strong enough to handle rate hike The U.S. economy is growing moderately after a winter swoon and likely strong enough to support an interest rate increase by the end of the year, but concerns remain over the recovery of the labor market, U.S. Federal Reserve officials said on Wednesday. Verzasca downsizes […]

Video Interview: Michael Wohl of Miami’s Pinnacle Housing

Jun 17, 2015 - Development - 0 Comments - Standard

Michael Wohl is a partner at Pinnacle Housing.  Below is bio information extracted from his site: Mr. Wohl’s abilities are enhanced by his in-depth familiarity with real estate and law. He is a second-generation real estate developer, carrying on his family’s successful tradition of quality development first started in New York and carried down to […]

Miami Commercial Real Estate News June 17, 2015

Jun 17, 2015 - Top Stories - 0 Comments - Standard

Giant Mediterranean Village Coral Gables project gets ‘Go’ The developers of Mediterranean Village at Ponce Circle finally have the go-ahead from the Coral Gables City Commission for their mixed-use project after years of work that included 20 public meetings, others before various boards, peer reviews and conversations with city staff as well as business and […]

Video of Implosion at Versailles Hotel in Miami Beach

Jun 16, 2015 - Development - 0 Comments - Standard

Watch this video of the implosion of 1955 boxy addition to the Versailles Hotel in Miami Beach.  The addition was imploded, but the original Versailles structure, built in 1940, was retained. The partial demolition was approved by Miami Beach’s Historic Preservation Board last year. Faena will replace the demolished structure with the 16-story Faena Versailles Contemporary, a 45-unit […]

Miami Commercial Property News June 16, 2015

Jun 16, 2015 - Top Stories - 0 Comments - Standard

Report: Downtown Miami Condo Market Shifting Fewer foreign buyers are doing all cash deals or hefty deposits, but Integra Realty Resources points to an emerging buyer group that’s helping to pick up the slack…. Miami Worldcenter developer settle litigation with broker Laquer Real estate broker Edie Laquer’s long-running lawsuit against the developers of the $1.5 […]

91 Miami-Dade New Commercial Property Listings on MLS in 7 Days to June 15, 2015

Jun 15, 2015 - Analysis - 0 Comments - Standard

In the seven days to June 15, 2015, MLS counts 91 new listings for improved commercial/industrial properties within Miami-Dade County, up from 86 in the week ending June 5th.  Further, during the same period, it counts 25 new listings for commercial/business/agricultural land, also up from the week ending June 5th, which saw 18 new listings […]

Miami Commercial Real Estate News June 15, 2014

Jun 15, 2015 - Top Stories - 0 Comments - Standard

Check out the Porsche Tower’s Dezervator in action The Dezervator, arguably one of the Porsche Design Tower’s most talked-about amenities, has been patented, proven and is almost ready for use. Engineers recently put the finishing touches on a nine-story miniature of the final product in Chicago, and have since been putting the concept through… Cash […]

Number of New Commercial MLS Listings in May at Lower End of Recent Range

Jun 12, 2015 - Analysis - 0 Comments - Standard

As can be seen in the above chart, new commercial/industrial (improved) listings in MLS for Miami-Dade County have fluctuated in a range of 300 to 450.  This follows, in the years preceding, a period in which but for a bump in the 3rd quarter of 2011 the quantities of new listings for this category were […]

Miami Commercial Property News June 12, 2015

Jun 12, 2015 - Top Stories - 0 Comments - Standard

Jackson to complete $38.5M, 27-acre Doral buy The Jackson Health System expects to close on Friday on its $38.5 million purchase of 27 acres of land in Doral to build a future healthcare facility. Jackson Health System CEO Carlos Migoya announced the imminent purchase during a report to the Miami-Dade County Commission’s Economic… Codina lands […]

Miami DDA Q2 2015 Residential Real Estate Market Study Released

Jun 11, 2015 - Analysis - 0 Comments - Standard

The Q2 2015 update of the Residential Real Estate Market Study of the Miami Downtown Development Authority has been released .  This is a a continuation of their Q1 2015 (Annual) market research report. Some of their findings in this  most recent report include: Units under construction have declined 6% due to formerly under construction projects having been delivered. 153 Additional units […]

Miami Commercial Real Estate News June 11, 2015

Jun 11, 2015 - Top Stories - 0 Comments - Standard

Miami-Dade grants preliminary approval to Tri-Rail platform at All Aboard Florida station The plan to run Tri-Rail passenger trains directly to All Aboard Florida’s Miami Central Station moved a step closer when the county granted preliminary approval for part of its funding on Wednesday. The South Florida Regional Transportation Authority is looking for $68.9 million in […]

The Eerily Steady Decline in Days to Sell Miami Area Commercial Property

Jun 10, 2015 - Analysis - 0 Comments - Standard

It is usually the case that when one views a chart of some variable, the chart goes up and down erratically.   Of notable exception is the MLS chart, shown here, of average days to sell commercial property in Miami-Dade County for the six years from 2010 to 2015.  Not only have the days to […]

Miami Commercial Property News June 10, 2015

Jun 10, 2015 - Top Stories - 0 Comments - Standard

48-Story Solitair Brickell Gets $108M Construction Financing From JP Morgan Chase, Work Begins Two prominent Wall Street firms are betting on Brickell’s booming apartment market. Yesterday, JP Morgan Chase issued a $108.35 million construction loan to build the 438-unit Solitair Brickell at 86 SW 8 Street, where demolition of a parking ramp began today. AIG, another […]

Top Buyers and Sellers in Miami’s 33129 Zip Code

Jun 09, 2015 - Observations - 0 Comments - Standard

Top Buyers Top buyers identified by Costar for commercial property in Miami’s zip code 33129 include: United Teachers of Dade The Carlyle Group Pan American Group Brickell Park View LLC Florida Inns Inc. C.L. Leemon and Linda Leemon Habitat Development Kenneth Rosen James F. Pollack, Esq. Marvin & Sandra C. Tinsley. Top Sellers Topping the […]