James Hawkins, Author at Hawkins Commercial Realty

Chart Reflects Dearth of Industrial for Sale in Miami-Dade

Aug 03, 2022 - Industrial - 0 Comments - Standard

About any active commercial broker in Miami-Dade will tell you that there is all kinds of demand for industrial property, but none to buy. I can personally attest to this. This chart of properties noted as “industrial” in the Miami-Dade MLS and with an asking price of $1 to 5 million (mid-market industrial) illustrates this. […]

Chart: The Stunning Pandemic Driven Plunge in the Labor Participation Rate

Mar 15, 2022 - Economy - 0 Comments - Standard

With news of Starbucks unionizing and personal experiences we have all had with unavailability of workers, this chart should come as no surprise. Nonetheless, it is a stunning thing to see it visually in a chart like the one above. The peak just before the plunge was 63.5%. Two months later, it bottomed out at […]

Chart: Inflation Watch 2021 Intra-Quarter Update; Inflation Expectations Climbing

Mar 10, 2022 - Economy - 0 Comments - Standard

The 5-year TIPS spread, after almost calmly sitting a bit elevated over pre-pandemic levels in late 2021, has now spiked of a sudden spiked to the highest level in a number of years and to a level about 70% higher than where it was generally hovering pre-pandemic. There has been much talk in the financial […]

Considering Holding vs. Selling & Reinvesting Underdeveloped Land

Feb 10, 2022 - Analysis - 0 Comments - Standard

We previously posted an article comparing holding vacant land vs. selling and reinvesting the proceeds. A similar situation that we often run into is that of underdeveloped property. Such property is generating income, but as a percentage of market value income well under market rates. This happens as the land value becomes greater than the […]

Chart: Miami-Dade Commercial Real Estate Sales December 2021

Jan 12, 2022 - Trends - 0 Comments - Standard

The chart in this post displays the number of closed commercial property sales within Miami-Dade County in the two year period from January 2020 to December 2021., This includes both improved commercial properties and vacant commercial land that were recorded in the Miami Commercial MLS. December’s volume appears in line with prior months, continuing to […]

Chart: Miami Commercial Real Estate Sales to List Price Ratio December 2021

Jan 05, 2022 - Uncategorized - 0 Comments - Standard

In December the sales price to listing price ratio for commercial property dropped off a touch to a solid middle-of-the-pack 92.3%, with “the pack” being this number in the decade prior. This is for property sales as reported in the Miami Commercial MLS for improved commercial real estate (MLS classification: commercial/industrial) that lies within the […]

Chart: Miami-Dade Commercial Real Estate Sales November 2021

Dec 29, 2021 - Trends - 0 Comments - Standard

The chart herein displays the quantity of closed commercial property sales within the county of Miami-Dade, including both improved commercial properties and vacant commercial land, that were recorded in the Miami Commercial MLS for the two years ending November of 2021. November’s volume up a bit versus the prior month. As has been the case […]

Chart: Miami Commercial Real Estate Sales to List Price Ratio November 2021

Dec 21, 2021 - Trends - 0 Comments - Standard

In this month’s chart of the sales price to listing price ratio for commercial property, though the ratio was down from the prior month, that prior month was the highest and years. The ratio is thus holding strong. This is for property sales as reported in the Miami Commercial MLS for improved commercial real estate […]

Office Condo at Brickell Key Two; 540 Brickell Key Dr Comm A (C1 & C2), Miami, FL 33131 – 2,700 sf usable, 3,024 sf RBA equivalent; Previously Listed

Dec 01, 2021 - Property Profiles - 0 Comments - Standard

This tastefully renovated 2,700 usable square feet office condo located on Brickell Key in the Brickell Key II building was previously offered for sale by Hawkins Commercial Realty for $975,000. Though it is no longer listed, it indeed may still be available for a truly interested buyer; contact James Hawkins to inquire. Property has 9 […]

Chart: Miami-Dade Commercial Real Estate Sales October 2021

Nov 18, 2021 - Trends - 0 Comments - Standard

This chart displays the quantity of closed commercial property sales in Miami-Dade county including both improved commercial properties and vacant commercial land, that were recorded in the Miami Commercial MLS for the two years ending October of 2021. October’s volume was nearly the same as the prior month. But for a couple of post COVID […]

Chart: Miami Commercial Real Estate Sales to List Price Ratio October 2021

Nov 17, 2021 - Trends - 0 Comments - Standard

The chart above displays the sales price to listing price ratio as reported in the Miami Commercial MLS for improved commercial real estate (MLS classification: commercial/industrial) that lies within the county of Miami-Dade, including cities within, that were priced from $1 million to $10 million and that closed from January 2011 to October 2021. This […]

A Sales Karma Story

Nov 17, 2021 - Negotiating - 0 Comments - Standard

One sunny south Florida day, a guy called me asking about a property. The caller, Marty Applebaum, owner of M.A. Construction Group. was wondering if I might know who would be the best person to talk to about potentially repaving the property’s parking lot. He was hustling for business. I love that. In the middle […]

Chart: Inflation Watch 2021 Intra-Quarter Update; Inflation Expectations Climbing

Oct 26, 2021 - Economy - 0 Comments - Standard

The 5-year TIPS spread, after almost calmly sitting a bit elevated over pre-pandemic levels, of a sudden spiked from its prior month close of 2.51% to 2.95% on October 25th. There has been much talk in the financial press of inflation pressures, but except for an initial move to the 2.5% range this has not […]