March 2017 • Page 2 of 3 • Hawkins Commercial Realty

Miami Commercial Property News March 17, 2017: Airbnb Scrutiny; Beckham Under Pressure; Little Havana’s Future; More…

Mar 16, 2017 - Top Stories - 0 Comments - Standard

Miami Commercial Real Estate Panel: Hotels seek level playing field with Airbnb A panel of commercial real estate developers on Tuesday touched on Airbnb, Zika virus hysteria and financing challenges builders in the commercial sector are currently facing. Diego Lowenstein, CEO of Lionstone Development, addressed the escalating conflict Airbnb is facing in Miami-Dade County. “We want […]

Video: Dr. Victor Calanog, Chief Economist & SVP at Reis, On 2016 Q4 Industrial Market Trends

Mar 15, 2017 - Industrial, Trends - 0 Comments - Standard

Reis Chief Economist and Senior Vice President Victor Canalog, PhD, provides an analysis of market fundamentals in the industrial property sector for the fourth quarter and year of 2016.  Some highlights from this video include: Industrial properties continued improvement trends in 2016 In the warehouse distribution sub-sector: Vacancies ended at 10.3% down 20 basis points […]

Miami Commercial Real Estate News March 14, 2017: MDM Closes on Former Arena Site; Staples & Radio Shack Store Closures; More…

Mar 14, 2017 - Top Stories - 0 Comments - Standard

MDM Closes On Purchase Of Miami Arena Site, Convention Center Hotel Coming MDM’s 53- story convention center hotel is one step closer. MDM closed on the purchase of the former Miami Arena site (birseye aerial view) late Friday for $45 million. The developer has issued a press release confirming the purchase. The deed is said to be […]

Miami Commercial Property News March 9, 2017: 1428 Brickell Sells; Paramount Miami Worldcenter clinches $285 million construction loan; More…

Mar 09, 2017 - Top Stories - 0 Comments - Standard

Paramount Miami Worldcenter clinches $285M construction loan Developer Dan Kodsi closed on a massive $285 million construction loan for Paramount Miami Worldcenter, marking the second biggest condo construction loan to close in Miami-Dade over the past two years. Inbursa Bank provided $170 million and BC Immigration Fund provided $115 million in financing for Paramount, a […]

Video: Dr. Victor Calanog, Chief Economist & SVP at Reis, On 2016 Q4 Retail Market Trends

Mar 08, 2017 - Retail Properties, Trends - 0 Comments - Standard

Reis Chief Economis and Senior Vice President Victor Canalog, PhD, provides an analysis of market fundamentals in the retail property sector for the fourth quarter and year of 2016.  Some highlights from this video include: Retail property fundamentals were mostly flat for 2016 In neighborhood and community center properties: Vacancies were unchanged for the fourth […]

Miami Commercial Real Estate News March 7, 2017: Allapattah Emerging; Warehouse Sells for $26 Million; Chinatown Plans for North Miami; More

Mar 07, 2017 - Top Stories - 0 Comments - Standard

Conceptual plan for Chinatown in North Miami unveiled Chinatown in North Miami? In a neighborhood with a nearly 75 percent black population, much of it Haitian, the city wants to turn a 16-block area into a district that will rival such well-known Chinatowns as those in New York, San Francisco and Los Angeles. A conceptual plan for […]

Video: Green Street Advisors Analyst Jason White Sees Limited Strip Center Development

Mar 03, 2017 - Retail Properties - 0 Comments - Standard

In a REIT.com interview, Jason White, Equity Research Analyst at Green Street Advisors, explains why growth within the strip center retail segment has been limited as compared to other sectors of real estate. Strip centers started to struggle when the recession hit and numbers of new housing developments failed at attracting buyers. Limited growth in […]

Video: Lease Negotiating Tips for Retail Landlords

Mar 02, 2017 - Educational, Retail Properties - 0 Comments - Standard

Jonathan Neville, a partner at the law firm Arnall, Golden, Gregory, joins Michael to discuss contract tips and mistakes to avoid for retail properties from a landlord’s perspective. Discussed are the importance of actively negotiating items for which a landlord can charge, controlling the construction process, understanding and negotiating co-tenancy clauses, project predictability, and having an […]

Miami Commercial Property News March 2, 2017: Cocowalk to be Partially Razed for New Office Building; Convention Center Hotel Land Set to Close; More…

Mar 02, 2017 - Top Stories - 0 Comments - Standard

The new owners of CocoWalk have a plan, and it’s not all about shopping After nearly 30 years without any new office buildings in Coconut Grove, the area is now slated to get two new projects as part of the neighborhood’s revitalization. The team behind the redevelopment of CocoWalk, a dining and entertainment complex in the […]

Video: AIA Chief Ecoomist Kermit Baker Discusses the State of the Current Economic Cycle

Mar 02, 2017 - Economy - 0 Comments - Standard

Kermit Baker, Chief Economist with AIA (American Institute of Architecture), dis,  discusses the state of the current economic cycle on The Commercial Real Estate Show.  Some highlights include: Getting long into period of growth Expect a bit of deceleration of growth Expects tax reform to take place under Trump Believes Trump effect will be positive […]

Photos: Construction Underway at 2424 South Dixie Highway

Mar 02, 2017 - Development - 0 Comments - Standard

  If you’ve driving by 2424 South Dixie Highway (birdseye 45° aerial view) lately, you may have noticed construction debris in trash bins outside. Extensive interior renovation continues apace following the sale of the building in 2016 for $3,300,000 (view sales info, owner, other details) or approximately $410 per square foot. The building sits just to […]

Video: Lease Mistakes Tenants Should Work to Avoid

Mar 01, 2017 - Educational, Retail Properties - 0 Comments - Standard

Jonathan Neville, a partner in the law firm Arnall, Golden, Gregory, joins Michael to discuss lease mistakes that tenants would be best served to work to avoid. Discussed are the dangers of unreasonable landlord remedies, the risks that can be buried within landlord assignment clauses, the importance of having landlord default clauses, the importance of […]