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Coconut Grove Commercial Real Estate Coral Gables Florida Life Luxury Real Estate Miami Design District Neighborhood News Selling South Miami

5 Ways Retailers Can Engage Consumers At Brick and Mortar Stores

Instagram Worthy – Miami Design District

 

  1. Make it easy for consumers to find what they are looking for. In a recent blog Is Veganism Going Mainstream, I discussed how Marshalls was making it easier for vegan shoppers to identify purses that coincide with the shopper’s values.  In addition to Marshalls highlighting vegan purses, Whole Foods also makes it easy for consumers following specific dietary guidelines, such as Paleo, Whole 30, Gluten Free etc., to find products that meet their requirements without them having to read every label.
  2. Make it experiential.  Whether you own or operate an individual store, a chain of them or a shopping center, the consumer has to experience something beyond the shopping itself.  Retailtainment was first used back in 1999 by sociologist and author George Ritzer
  3.  Make it interactive.  Books and Books, the independently owned local bookstore is amazing at interacting with their customers.  In addition to having knowledgeable staff, they have a cafe with great food, spaces for getting together and socializing and they offer book signings and readings by authors.  Patrons come early have dinner or a cocktail, socialize, buy the book, and interact with the author.  You can’t get that from online shopping and, in spite of technology (or maybe because of it) people want to have places where the can interact.
  4. Make it Instagram and Pinterest worthy:  Instagram, Facebook, Pinterest and the rest of social media has made it essential that whether it is food, clothing, real estate, spaces and places, whatever it is you are selling has to be Instagram and Pinterest worthy.  Two places in Miami do that extremely well.  Miami Design District and Wynwood.  Don’t believe me?  Go into Instagram and #miamidesigndistrict to view 158,000 posts or #wynwood to view over 2.4 million posts.
  5. Make it about community.   Several of the places already discussed such as Books and Books, the Miami Design District, and Wynwood are great examples.  FootWorks in South Miami has running clubs and helps train you for half and full marathons, Dharma Studio in Coconut Grove offers free yoga classes three times a week in the Grove, and Aventura Mall has all sorts of events scheduled throughout the year.  If you are in an area that has one, check with your local Business Improvement District and see how you can get involved to bring more traffic to your store.

 

 

 

 

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Buying Environmental Home Improvement Luxury Real Estate Selling

Is Veganism Going Mainstream?

Vegan Design by Deborah DiMare

 

The other day I went into Marshalls and saw a whole display with purses.  I thought it was a bit strange, since this particular display was front and center and quite a bit away from the other racks full of purses.  As I looked closer, there was a sign that read Vegan Purses.  Now it made sense.  Marshalls was making it easier for vegan shoppers to identify purses that coincide with their vegan values.

Apparently, many businesses applied Forbes’ advice in Here’s Why You Should Turn Your Business Vegan in 2018.  Although some industry leaders and innovators started well before 2018, the trend has definitely increased and become more visible this year.  The number of vegan restaurants in Miami continues to grow with Planta opening and joining a list of other vegan eateries.

In addition to retailers and restaurants, other businesses are also finding a niche with vegan consumers.  One of my favorite local designers, Deborah DiMare, is a leader in the vegan design space and her interiors, pictured here, are gorgeous.

So, in answer to my original question “Is Veganism Going Mainstream”, I think the answer is:  “It’s already it already has”.

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Commercial Real Estate Selling

Something’s Gotta Give

Do you commute to the city but live in the suburbs? Light traffic day in Miami

Remember the movie Something’s Gotta Give starring Jack Nicholson, Diane Keaton and Keanu Reeves?  Well this is nothing about that movie other than I thought of the title today while out on my morning run.  It does have to do with Labor Day, however.

Although I normally run shorter routes during weekdays, I decided I would go on one of my longer routes along Old Cutler Road.  What a mistake that was!  In addition to being extremely dark at 5:45 a.m., the traffic was horrific!  I couldn’t cross the street anywhere there wasn’t a traffic light, which I am sure made all of the commuters extremely unhappy.  For the longer part of my run, I thought about where those commuters lived versus where they worked, what they were sacrificing, if anything, having to get up so early to get to work, do they have another choice other than sitting in traffic at the crack of dawn?  So what do all of these questions have to do with real estate?  A lot, I think.

Quality of Life was the first thing that came to mind during my musings.  What quality of life do the commuters have?  I know several people with long commutes, including my husband.  We live in Pinecrest but he commutes to Port Everglades.  We have considered moving, but love our neighborhood and he says he would rather commute and love where he lives than have a shorter commute and not like where he lives, but the truth is traffic is getting worse, his commute times are getting longer, and he has already been doing this commute a long time.  Something’s Gotta Give.

Large lots, great schools, and plenty of parks are just a few of the perks of living in Pinecrest

Popularity of Live, Work, Play Communities – Places like Aventura, Downtown Miami/Brickell, Coral Gables, Coconut Grove, Miami Beach, Downtown Dadeland, have all been growing because people want to be able to minimize their time in traffic.  Savvy developers, urban planners, and city officials, have been building condos and mixed use developments to meet the wants of a commuter weary public.  The negative side of this development and the demand, is that prices in most of these areas have gone up so rapidly, that they are no longer affordable and residents of Miami-Dade County pay more than (**(% in housing.  Teachers, firefighters, police and many service providers were probably sitting in that traffic.  One of my friends is a teacher.  She lives in Palmetto Bay, but commutes to her job at Beach High?  Would she take a teaching job closer to home if she could get one?  Does MDCPS consider an employees commute time/contribution to traffic, when they assign that employee to a school?  A vibrant community needs to include affordable housing options or offer wages to compensate.  Something’s Gotta Give.

Coconut Grove is a Live, Work, Play community

Other topics that I thought about include the importance of having transportation and work options close to home as well as affordability, taxes, and mixed use neighborhoods, not just buildings.  But those are all topics for other blogs.

Do you have a horrible commune?  Do you have public transportation options?  If you did, would you use them?  Would you live closer to your job if it was affordable?  Would you like to work closer to where you live if you could find a job?  If you feel like sharing your answers, please do.  If not, at least give the questions some thought and think about what your quality of life is versus what it could be if you didn’t have to spend so much time commuting.

 

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Commercial Real Estate Investment Real Estate Neighborhood News Restaurants

Miami’s Vegan Restaurant Scene Has Exploded!

Handcrafted Cheese Board at Plant Miami

 

As predicted by Baum+Whiteman, experts at creating destination-dining attractions, 2018 has been the year for plant-based dining and Miami is no exception.  Ranked number nine on PETA’s 2018 Top Ten Vegan Cities, Miami has a diversity of vegan restaurants.

In addition to the more informal dining options such as Choices, Eden and Eden, and Glam Vegan, there are some pretty upscale options as well.  Plant at Sacred Space is one of my favorites and you can’t beat the beautiful location.

Since Food and Beverage continue to be the retail darling in many centers, if you are a landlord looking to bring traffic to your space, or if you have a unique setting, consider a restaurant such as one of these top vegan restaurants in Miami as a tenant.

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Aventura Buying Luxury Real Estate Neighborhood News Selling

Cindy Orlinsky Sells Country Club Estates In Aventura

Spacious, open kitchen in Country Club Estates home

Looking to buy a home in Country Club Estates in Aventura, Florida?  Then you need to call Cindy.  She has sold 4 properties in the last two months; two of which never made it into the Multiple Listing Service and were sold off-market.

Country Club Estates, a luxury enclave of 80 single-family homes, is the only community of it’s type located on the prestigious Turnberry Golf Course.  This private, gated community of luxury homes is an oasis in the heart of Aventura.  Also known as Aventura Estates, this enclave is a wonderful place to call home due to both its size and location.

Cindy not only sells a lot of the homes in this luxury community, she also lives in the community and sits on the homeowner’s board, which gives her great insight into what is going on in the neighborhood.  She loves living and selling in Country Club Estates because, “It is the only luxury single family home community in Aventura where we live and vacation all year long!”  If you want more information on the lifestyle here, call her at 305-469-3222.

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Buying Commercial Real Estate Investment Real Estate Selling

What Happening in Miami-Dade Multi-Family Market? Sales Rise In Second Quarter

 

As reported in Vizzda’s Quarterly Report For South Florida Commercial Real Estate, the total dollar amount of multi-family sales in Miami-Dade County rose to $232,943,000 in the second quarter of 2018, up from $196,115,503 in the first quarter.  This is approximately half of the $462,372,302 worth of sales in the second quarter of 2017.

The largest transaction was for Sundance Village Apartments, a 304 unit complex at 11325 NW 7 St., which closed for $65,600,000 or approximately $215,789 per unit.

What will third quarter activity look like?  Stay tuned for our next report or subscribe to our blog, so you don’t miss it.  Mill Creek Residential just closed on a 127 unit apartment complex in Dania Beach for $37.2 million.  Will it make the top 5 list of largest transactions in 3Q2018?

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Buying Luxury Real Estate Neighborhood News Pinecrest Selling

Buying Or Selling A Home In Pinecrest?

If you are buying or selling a home in Pinecrest, why would you use anyone other than the #1 brokerage in Pinecrest?  I am a Realtor with EWM and a Pinecrest resident.  I have lived here for over 27 years and can’t imagine living anywhere else.  Want to learn more about this wonderful neighborhood?  I would be happy to meet with you and tell you all about it.

 

ewm.com

EWM Realty International’s #1 ranking is based on total sales transactions and total dollar volume sales. Data was supplied by the Miami Association of Realtors, The Greater Fort Lauderdale Association of Realtors, and the Southeast Florida Regional MLS for single-family homes and condos sold within the Village of Pinecrest for the period beginning 1/1/2018 and ending 6/30/2018.

 

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Florida Life

Miami and Chicago: Both Great International Cities

Chicago’s Navy Pier

 

After a long two days of brushing up on leadership skills at the National Association of Realtor’s in Chicago, I decided to get to know this beautiful city a little better by taking a Chicago River architectural tour.  In addition to being extremely informative from a historical standpoint, the tour made me realize how much Miami and Chicago have in common.

Chicago was incorporated in 1837, and though it started out as a small trading post at the mouth of the Chicago River, it has since grown to become a diverse, global city, where international trade and commerce thrive.

The City of Miami was incorporated in 1896, the same year that Julia Tuttle convinced Henry Flagler to bring his railroad down to Miami, based at the mouth of the Miami River.  It too has grown into a diverse, international city where trade and commerce thrive and continue to grow.

Chicago, like Miami, is going through a building boom and each city has a building that will be the new tallest.

In Chicago, One Grant Park, at 800+ feet, this 76-story building will be the tallest skyscraper in the city.  It is a 792 rental apartment project owned by Crescent Heights, a Florida based company.

Panorama Tower, at 865 feet, this 85-story building is the tallest skyscraper in Miami, actually the tallest building south of NYC.  It is a mixed-use building with 821 apartments and 100,000 square feet of amenities including restaurants, pools and lounges.

Although I really enjoy visiting Chicago in the summer, I am glad I live in Miami where we don’t have those brutal winters!

Categories
Buying Commercial Real Estate Investment Real Estate

Is South Florida Real Estate Still Affordable?

Affordability has become a real estate hot topic over the last several years and is going to continue to be one for at least the next 5 years.  As both millennials and baby boomers age, their demand on residential and commercial real estate are driving up prices at a time when incomes are close to stagnant and definitely not keeping pace with rising construction and real estate prices.

With boomers living longer and opting to age in place and millennials’ ability to work remotely due to advances in technology, cities and states that remain affordable to these two age groups should fare well and be considered for potential investment properties.

In Florida, some of the cities that have made “affordable best of” lists include:

In South Florida Miami and Hialeah:  made Quicken Loans’ list of Most Affordable Big Cities in America

Tallahassee:  on Realtor.com’s  America’s Most Affordable Outdoorsy Cities 2018

Palm Bay and Port Saint Lucie both made Realtor.com’s list of America’s Most Affordable Beach Towns 2018 edition

According to Livability.com, the six most affordable places to live in Florida are Kissimmee, Palm Coast, Cape Coral, Palm Bay, Orlando, and Gainesville.

Cape Coral was also picked as one of the cheapest places where you’ll want to retire.

Although not all of Miami is affordable, according to Zillow the median home price in Miami-Dade County is $296,400, so there are pockets where both residential and commercial real estate is more affordable than in the higher priced areas, better known areas of the county.  These pockets still have room for appreciation over the next 5-10 years.

Categories
Florida Life Miami Beach Things To Do

5 Reasons to Take Advantage of Miami Spa Month Before August 31

Tierra Santa Spa – Faena Hotel- Miami Beach

 

Okay, do you really need any reason to take advantage of discounts on some of Miami’s best spas other than the discounts themselves?  Probably not but, since lists are in, here are my top 5:

  • Kids are back in school
  • It has been a long, hot summer, especially if you have school age children
  • You deserve pampering
  • Miami’s high season is just around the corner so it will be harder to make an appointment
  • Bonding with spouse or friends through experience vs technology is important and more enjoyable.
  • Miami spa month ends August 31 and then you will be paying regular price