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 […]
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 […]
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 […]
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 […]
A Profile of CBRE Group, a Leading Commercial Real Estate Broker Based in Los Angeles, CBRE Group, Inc., formerly known as, and still sometimes referred to as CB Richard Ellis is the largest commercial real estate company in the USA. In Florida, it typically does the largest amount of volume of real estate transactions, although some […]
In the seven days to June 5, 2015, MLS shows 86 new listings for improved commercial/industrial properties within Miami-Dade County. During the same period, MLS counts 14 new listings for commercial/business/agricultural land, making the total of both exactly 100. This strong listings pace is in line with the strong pace of closed sales counted by MLS, […]
The closing price to listing price ratio tracked by MLS for Miami-Dade on improved commercial property dipped back to the lower end of a range is has been in for over a year. In the month prior, this ratio tipped 96%, a level surpassed in only 2 months since 1996, January 2011, when this ratio […]
In the six years from 2009 to 2014, closed commercial land and developed commercial property transactions have steadily increased. Starting off in January 2009 at barely a 500 transaction per year pace, in 2014 transactions fairly steadily hovered around 1,700 per year. This growth in unit sales is significant, but it was slightly dwarfed by the growth […]
A child beginning school today will graduate around the time futurist Ray Kurzwell had until recently projected as the year we would reach Technological Singularity, a point at which AI (artificial intelligence, aka “the machines”) gains the ability to improve and replicate (they even have a song), eerily reminiscent of dystopian plot lines of sci-fi classics like The Terminator […]
This video talks about a Native American man called Golden Eagle (Ishmael Bermudez) that is holding out on selling his downtown Miami land, prime for commercial development, which surrounds it. More on this: Well of Ancient Mysteries Facebook Page Daily Mail Article Yahoo Slideshow Puts it in Perspective Where to find it:
I’m not so sure about the music choice in this (tip: mute), but it makes for a good highlight reel of the tallest buildings in the city, both existing and to be constructed. Properties mentioned in this video include: Plaza Brickell Tower; Marinablue; Miami Tower; Infinity at Brickell; Mint at Rivermont; Wells Fargo Center; 900 […]
The Frost Science Museum will be another fine addition to the City of Miami. Watch it being built here.
Foreclosure Roundup: 3 big South Florida commercial properties head to auction Headway Office Park in Lauderdale Lakes is headed to auction after its owner lost a $12.9 million foreclosure judgment. Wells Fargo Bank, representing a commercial mortgage-backed securities (CMBS) trust, won the judgment against SRA/Sunrise Development over a $10.8 million mortgage, plus interest and fees. […]
The long awaiting Coconut Grove location of Panther Coffee has its doors open, greeting people and introducing them to the new location as they prepare for their opening (they say) Monday. Panther is one of a slate of new tenants that make up part of an upgrade of the Engle Building since its acquisition by Arquitectonica.
