You may have read here or heard otherwise that Miami boasts the third most dense skyline in the United States. Much of this growth happened in the period from 1990 to 2016, as can be see in this animation. What you may be less aware of is that another such period of growth, this time […]
Looking at the first chart herein, one can see that among U.S. states Florida exports the most to Cuba in the most recent year (2015), albeit with less margin versus number two ranked Georgia that one might guess. Florida’s near $35 million in exports, presumably much of which originates from Miami, represents 18.8% of […]
A recurring theme of late in our commercial real estate brokerage practice is that of difficulty in finding mid-range industrial property, from 10,000 to 30,000 square feet, to purchase. Anecdotally, it has been obvious for a while that the demand for such property is notably disproportionate to the modest supply. This bears out in low […]
In a recent Business Insider article, the indicator with an almost perfect record of predicting US recessions is edging towards a tipping point, Macquarie Bank was quoted, “The yield curve has inverted within the 24 months preceding each of the past five recessions, and has only inverted once without a recession following in the ensuing […]
Given the rise of late in interest rates, it seemed an opportune time to put rates, particularly those of the 5-Year United States Treasury most closely linked to commercial property borrowing rates, into perspective. The accompanying chart, “5-Year United States Treasury Rates from January 1990 to April 2018,” gives a nice visual perspective. In this […]
Assuming a person becomes financially / economically aware around the age of 22 (I can hear the chorus, “if at all”), then anyone born after 1985 has only known a near zero short term interest rate environment. Even those older than this to a degree seem to have begun to taken it for granted. As can […]
Germany based Volocopter aims to be taken seriously in the “flying car” business with its well considered infrastructure plan. They propose a system of landing pads, charging stations, and passenger loading and unloading areas around an urban area. In this video, the company is promoting its vision for a network of rooftop based “Volo-ports” where […]
On a quarterly basis we publish a yield curve update, showing the shift is the U.S. Treasury Yield Curve at the end of a quarter over the prior quarter. What is more directly of interest to commercial real estate investors, however, is the 5 year U.S. Treasury yield, given its relationship both to commercial borrowing […]
At the end of the 1st quarter of 2018, U.S. Treasury yields, on a nominal basis increased at all maturities from around 30 to 50 basis points. It was essentially the same situation on a real basis, with real rates up around 20 to near 40 basis points at all maturities. The interest rate environment […]
The asking price is $1.2 million firm to a bit under 2,000 square feet. This is a high visibility premium location. For detailed information on this property, which we understand to not be listed on any platform, please email james@hawkinscre.com.
Listings · Off-Market · Contact In the twelve months ending December 31, 2017, The Keyes Company Commercial Division, commonly referred to as Keyes Commercial Realty, yet again dominated the Miami MLS market share broker rankings for number of sales transactions of commercial improved properties within Miami-Dade County. The firm’s impressive 22.9% – nearly a quarter – share among the top 10 […]
View in Google Maps View in Google Maps Above is a color coded (by PSF price range) chart of vacant commercial land sales per square foot in 2017 for land located within Miami-Dade. Below this is another map with the same properties mapped, but with each icon containing links to detailed information about the properties. […]
In this video SAM, short for Semi-Automated Mason, the bricklaying robotic assistant of the future, struts its stuff. Developed by Construction Robotics, a small business funded by the National Science Foundation Small Business Innovation Research program, SAM works alongside masons to install bricks, making the humans’ jobs less backbreaking. The technology is designed to increase productivity […]
In this parody video, queued up to 3:39 where Miami enters to make its pitch, Pitbull joins to do his thing following pitches by Boston with an “impassioned” Casey Affleck (who quickly recommends Los Angeles instead), Atlanta, and Corey Booker pitching – sort of – New Jersey. This is not SNL’s best work, but […]
At the end of the 4th quarter of 2017, U.S. Treasury yields, on a nominal basis, were up around 30 basis points in all but the longest maturities, which were down slightly, versus the end of the prior quarter. On a real basis, the story was similar, with longer term real rates up with the […]
SOLD: This 6,650 SF T5-O lot at 1550 SW 7th Street is currently occupied by 2-unit multifamily property in the increasingly hot development zone of Little Havana / Brickell West. Property sits on more desirable south side of SW 7th Street, abutting SW 8th Street properties in the area of some of the more interesting […]
