Miami Real Estate – How Will Panama Canal’s Expansion Effect It?

The Panama Canal is undergoing a massive expansion to allow bigger vessels to pass through.  Since the Port of Miami is  the closest U.S. Port to the Panama Canal, Miami is in a strategic position to benefit from the increase in America/East Asia trade. The Port of Miami is building a tunnel to the Port,  […]

Brickell/Downtown Miami, Commercial Real Estate
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Commercial Real Estate – Why the Big Secret?

It is amazing to me that so many commercial real estate agents like to keep their listings a secret.  Instead of posting their listings on the MLS, or having their own commercial MLS if they want to keep it separate from residential real estate, they post their listings on their own sites.  If they do […]

Commercial Real Estate
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When Looking At Comparables, Make Sure You Are Comparing Apples to Apples

I received a list of comparables from an agent that was making an offer on one of my commercial listings. The comps resulted in a significantly lower price than what the sellers were looking for and my knowledge of the market told me something was wrong with his research. I went through the table he […]

Buying, Commercial Real Estate, Selling
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Retail Prices Continue to Decline

Not a surprising trend considering the unemployment rate and related decrease in consumer spending.

Commercial Real Estate
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Green Commercial Buildings Worth the Increased Cost

A recent Costar report found that even during the recession, buildings that have implemented LEED or other sustainable building practices both command a premium in rents and save on costs.

Commercial Real Estate
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Miami Real Estate: Overall First Quarter Commercial Sales Decrease 54% From 2009 Levels

Over the last 12 months, the price per square foot has decreased across all commercial sectors. Office 38% Industrial 21% Multifamily 15% Retail 3%

Commercial Real Estate, Market Summary
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Miami Commercial Real Estate: Several of the Top Distressed Properties in Miami-Dade County

According to Trepp, the commercial real estate loan tracking firm, some of the highest-priced distressed properties are in Miami.

Commercial Real Estate
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