February 2016 • Page 2 of 2 • Hawkins Commercial Realty

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

Feb 10, 2016 - Observations - 0 Comments - Standard

For retail properties in Miami-Dade County from 3,000 to 12,000 square feet, the top buyers in the past year as listed by Costar on February 4, 2016, were: Ponte Gadea, USA; Thor Equities; Tristar Capital; RFR Realty; Safra National Bank of New York; Jamestown U.S. Immobilien GmbH; Sunshine Gasoline Distributors; Centurion Realty; Customer Service; RedSky […]

Federal Reserve Chair Janet Yellen February 10th, 2016 Monetary Policy Report to Congress

Feb 10, 2016 - Economy - 0 Comments - Standard

On February 10th, 2016, Federal Reserve Chair Janet Yellen testified (video) before the House Financial Services Committee on the central bank’s semi-annual Monetary Policy Report to Congress. Among other things, she told committee members that the economy and labor market continue to grow despite a recent slowdown. Some of the more contentious moments were during a heated exchange […]

Miami Commercial Real Estate News February 9, 2016 ~ Top Headlines Pertaining to Retail, Multifamily, Office, and Industrial Properties

Feb 09, 2016 - Top Stories - 0 Comments - Standard

Apple’s Largest Store in Florida Opening in Brickell City Centre For a while there have been rumors of Apple being among the premier tenants in the upcoming Brickell City Centre. Today that scoop becomes official, with The Real Deal and South Florida Business Journal reporting the news this afternoon.  The lease has been signed and […]

Miami Commercial Property News February 4, 2016: Miami DDA Projects $1.4 Million SF Add’l Retail; Mid-Market Multifamily Cap Rate Drops; More…

Feb 04, 2016 - Top Stories - 0 Comments - Standard

Miami DDA Projects 1.4 Million SF more of Retail Space – a 22% Increase Downtown Miami’s retail market will see as much as 1.4 million square feet of new leasable space over next three years, according to a new report by the Miami Downtown Development Authority (DDA). Driven largely by mega-projects like Brickell City Centre, […]

Mid-Market Miami-Dade Multifamily Cap Rate Drifts Under 7%

Feb 03, 2016 - Analysis - 0 Comments - Standard

The capitalization rate (cap rate) for mid-market multifamily properties in Miami-Dade County (20 to 80 units, 1,448 properties) drifted to just under 7% in the most recent period reported by Costar.  As can be seen in the attached chart, cap rates have been relatively consistent over the years, generally moving up and down around a […]

January 2016 Greater Downtown Miami Study of Retail Market Conditions Report Published

Feb 02, 2016 - Analysis - 0 Comments - Standard

The Miami Downtown Development Authority has published a January 2016 Study of Retail Market Conditions.  Highlights include: About 1.425 million square feet of retail are planned or under construction, most within Brickell City Centre. Downtown Miami contains about 6.5 million square feet of retail, with rents varying widely from the high teens to more than […]

Miami Commercial Real Estate News February 2, 2016: Seminoles Unveil $1.8 Billion Expansion Plan; On Developing Liberty Square; More…

Feb 02, 2016 - Top Stories - 0 Comments - Standard

Seminole tribe unveils $1.8 billion plan for Hollywood hotel The proposed guitar-shaped hotel that would be built in the Seminole Tribe’s Hollywood entertainment complex Florida’s Seminole Tribe has unveiled its $1.8 billion expansion plan for entertainment facilities in Florida, though whether that proposal moves forward hinges on a new gaming… Case-Shiller Miami Housing Index Up […]