Author: Big Presser

Miami Gardens: A Flourishing Hub of Commerce and Real Estate Opportunities

Title: “Miami Gardens: A Flourishing Hub of Commerce and Real Estate Opportunities”

Miami Gardens, a vibrant city nestled in Miami-Dade County, Florida, has emerged as a dynamic hub of commerce, showcasing a diverse and thriving business landscape. As the city continues to evolve, it has become an attractive destination for various industries, with notable commercial property transactions underscoring its economic prowess.

Diverse Commerce in Miami Gardens:

One of the defining features of Miami Gardens is its diverse and multifaceted business environment. From retail establishments to industrial complexes, the city boasts a wide array of businesses that contribute to its economic vibrancy. Retail spaces in Miami Gardens host an eclectic mix of shops, boutiques, and restaurants, catering to the diverse needs and preferences of its residents and visitors.

The industrial sector in Miami Gardens plays a pivotal role in the city’s economic ecosystem. Warehouses, distribution centers, and manufacturing facilities thrive in strategically located areas, capitalizing on the city’s proximity to major transportation hubs like the Golden Glades Interchange. This accessibility facilitates seamless logistics and enhances the efficiency of businesses operating within the industrial sector.

Commercial Property Transactions:

Recent commercial property transactions in Miami Gardens highlight the city’s appeal as a prime location for real estate investment. The sale of industrial properties, in particular, has been noteworthy, reflecting the growing demand for strategically located spaces in close proximity to key transportation arteries.

An exemplary transaction that underscores Miami Gardens’ real estate appeal is the recent sale of 16721 Park Centre Blvd, an 8,923 square foot industrial condo located within the Park Center Business Park. This property changed hands in a significant transaction, fetching $2,550,000. The transaction not only emphasizes the desirability of the location but also signals the growing value of commercial real estate in Miami Gardens.

Moreover, the historical perspective adds depth to the narrative, as 16721 Park Centre Blvd last sold in 2009 for $1,106,452. The substantial increase in value over the years speaks volumes about the city’s sustained growth and the attractiveness of its commercial real estate market.

In addition to individual transactions, the consistent activity in the commercial real estate sector is indicative of Miami Gardens’ standing as a sought-after investment destination. James Hawkins of Hawkins Commercial Realty has played a pivotal role in this landscape, not only brokering the mentioned transaction but also orchestrating successful deals for two other industrial condo units within the Park Center Business Park. His involvement highlights the strategic insight required to navigate the evolving commercial real estate terrain in Miami Gardens.

Economic Momentum and Future Prospects:

As Miami Gardens continues to build momentum as a commercial and industrial hub, the city’s economic prospects appear promising. The strategic location, coupled with a supportive business environment, positions Miami Gardens as an attractive destination for businesses seeking growth opportunities.

The city’s commitment to fostering economic development is evident through initiatives aimed at infrastructure improvement, business incentives, and community engagement. Such endeavors contribute to a positive climate for commerce, encouraging businesses to establish and expand their presence in Miami Gardens.

In conclusion, Miami Gardens stands as a flourishing hub of commerce with a diverse business landscape and a growing real estate market. The recent commercial property transactions, especially in the industrial sector, underscore the city’s economic vitality. As businesses continue to thrive and the real estate market evolves, Miami Gardens remains a compelling destination for those seeking opportunities in a dynamic and progressive urban environment.

Hawkins Commercial Realty Orchestrates Success with Sale of 16721 Park Centre Blvd in Miami Gardens

In a recent off-market real estate transaction that spotlights the strategic importance of the Golden Glades Interchange, the industrial property located at 16721 Park Center Boulevard in Miami Gardens in zip code 33169 changed hands. This 8,923 square foot industrial condo, nestled within the Park Center Business Park, was successfully acquired for a noteworthy $2,550,000 plus a buyer paid commission. The completion of this sale not only underscores the desirability of the location but also highlights the inherent value it holds for businesses operating in the dynamic realm of the industrial sector.

Adding historical context to this transaction, the property at 16721 Park Center Boulevard last changed ownership in 2009, fetching a price of $1,106,452. This notable increase in value over the years accentuates the region’s growth and the property’s attractiveness as an investment.

Playing a pivotal role in facilitating this recent transaction was James Hawkins of Hawkins Commercial Realty, the sole broker on this successful deal. James’s expertise and guidance within the real estate market, particularly in the context of industrial properties near key transportation hubs like the Golden Glades Interchange, underscore the importance of working with knowledgeable professionals to navigate the intricacies of such transactions.

Moreover, this transaction is not an isolated success for James in the Park Center Business Park. His proven track record includes brokering two other industrial condo units within the same Park Center Business Park, further attesting to his deep understanding of the area’s commercial real estate landscape and the trust he garners from clients seeking strategic transactions in this locale.

The sale of 16721 Park Center Boulevard further accentuates the allure of industrial properties in close proximity to major transportation arteries. As businesses actively seek strategic locations to optimize their operations, the Golden Glades Interchange area remains a hotspot for real estate transactions. This trend is propelled by the region’s exceptional accessibility, logistical advantages, and overall economic potential. The involvement of seasoned professionals like James Hawkins adds an additional layer of assurance for investors and businesses looking to capitalize on the benefits offered by such prime locations.

The Golden Glades Interchange, situated in Miami, Florida, serves as a vital transportation hub, acting as a major nexus for key highways in the region. Connecting Interstate 95, Florida’s Turnpike, and State Road 826, this complex interchange facilitates the seamless flow of traffic, enhancing connectivity and accessibility within the expansive Miami metropolitan area.

The strategic location of the Golden Glades Interchange at the convergence of major transportation routes is a primary reason for its essential status. This positioning allows for the efficient travel and transportation of goods, rendering the area highly desirable for various commercial and industrial activities. Industrial properties situated near the interchange stand to benefit significantly from the strategic advantages it offers.

Here are some compelling reasons why an industrial property near the Golden Glades Interchange proves beneficial:

  1. Accessibility: The interchange provides direct access to major highways, enabling businesses to effortlessly connect with key markets, suppliers, and distribution centers. This accessibility is crucial for the seamless movement of goods in and out of industrial properties.
  2. Logistical Efficiency: Serving as a central point for logistics and transportation, the Golden Glades Interchange reduces the time and cost associated with moving products. This efficiency is a critical factor, especially for industries reliant on timely deliveries and shipments.
  3. Market Reach: Being situated near a major transportation hub expands the reach of an industrial property, allowing businesses to tap into a broader customer base. This strategic positioning facilitates the expansion of market presence by reaching consumers and businesses across different regions.
  4. Supply Chain Optimization: Proximity to the interchange streamlines supply chain management. Industrial properties benefit from reduced transit times, lower transportation costs, and improved overall supply chain efficiency.
  5. Strategic Positioning: The interchange’s location is often a strategic consideration for businesses looking to establish a presence in a well-connected and accessible area. This is particularly advantageous for industries relying on just-in-time manufacturing or those with time-sensitive operations.
  6. Infrastructure and Amenities: The Golden Glades Interchange area likely boasts well-developed infrastructure and amenities, including utilities, transportation services, and workforce availability. This contributes to overall operational efficiency and convenience for industrial businesses.

In conclusion, the Golden Glades Interchange serves not only as a critical transportation hub for the Miami area but also offers strategic advantages for industrial properties. Its accessibility, logistical efficiency, market reach, and overall infrastructure make it an attractive location for businesses seeking a competitive edge in the dynamic landscape of industrial operations.

Shifting the focus to James Hawkins, the Principal Broker at Hawkins Commercial Realty in Miami, his standing as an elite broker is rooted in his exceptional expertise and discerning client approach. With a distinguished career in commercial real estate, James has earned a reputation for delivering unparalleled service to a select clientele.

Setting James apart is his commitment to working exclusively with a discerning group of clients, prioritizing quality over quantity. This exclusive approach enables him to provide personalized attention to each client, tailoring his services to meet their specific needs and objectives. By cultivating strong relationships with a limited number of clients, James ensures a level of service that transcends mere transactions, fostering lasting partnerships built on trust and mutual success.

James’s success is not solely attributed to his client-centric approach; his disciplined lifestyle also plays a pivotal role. Maintaining a rigorous routine across various aspects of his life contributes to his overall success in the competitive realm of commercial real estate. James is not just a seasoned professional; he embodies a disciplined lifestyle.

His commitment to physical fitness is evident in his regular exercise routine, recognizing the importance of maintaining physical well-being to meet the demands of a dynamic industry. James understands that a healthy body contributes to a sharp mind, crucial for making informed decisions in the fast-paced world of commercial real estate.

In addition to physical fitness, James places a high value on maintaining a well-balanced and nutritious diet. Acknowledging the role of nutrition in sustaining energy levels and mental acuity, he ensures that his dietary choices align with his professional aspirations.

A key component of James’s disciplined life is his dedication to ongoing research related to commercial real estate trends, market dynamics, and emerging opportunities. Recognizing the importance of staying ahead of the curve, his commitment to continuous learning equips him with the knowledge needed to provide strategic insights to his clients. This commitment to staying informed underscores James’s dedication to delivering the highest level of service and maintaining a competitive edge in the industry.

In the world of commercial real estate, where information and timing are critical, James Hawkins’s disciplined approach to life not only sets him apart but also positions him as a reliable and informed advisor for his select clientele. His commitment to excellence, both in his professional dealings and personal lifestyle choices, reflects a holistic approach to success that benefits both him and those fortunate enough to collaborate with him in the dynamic and competitive real estate landscape.

James Hawkins’s extensive experience as a Senior Vice President and Senior Portfolio Manager at Morgan Stanley significantly enhances his capabilities as a commercial real estate broker. His background in finance and portfolio management provides a unique and valuable perspective that translates into strategic advantages for his clients in the real estate sector.

James’s tenure at Morgan Stanley has endowed him with a profound understanding of financial markets, investment strategies, and risk management. This financial acumen proves invaluable when assessing commercial real estate opportunities, allowing him to navigate complex financial structures, analyze investment potential, and offer clients insightful advice on the financial aspects of their transactions.

His experience in portfolio management equips James with honed skills in risk assessment and mitigation. Commercial real estate transactions often involve a level of risk, and James’s ability to navigate potential pitfalls ensures he can guide clients with a comprehensive risk analysis

A Strategic Off-Market Sale: Hawkins Commercial Realty Brokers Industrial Condo at 13313 NW 47 Avenue

On September 27, 2023, an industrial condo at 13313 NW 47 Avenue, strategically located in the Airport South Commerce Center Industrial Park just south of the Opa-Locka airport, witnessed a noteworthy off-market transaction. The exclusive deal, orchestrated by James Hawkins, Principlal Broker of Hawkins Commercial Realty, adds to a series of successful industrial property sales in the northern part of Miami-Dade brokered by this distinguished commercial real estate figure in recent months.

The property, boasting 1,650 square feet, changed ownership for $390,000, representing a shift from its 2008 purchase price of $200,578. This unique valuation was derived by assigning a third of a three-unit sale, totaling $601,733. Despite the apparent decrease, this transaction aligns with the prevailing trends in the Miami industrial market, with the current sale equating to approximately $236 per square foot.

James Hawkins’ proficiency in orchestrating exclusive deals is a testament to his extensive background. Formerly a Senior Vice President, Senior Portfolio Manager, and esteemed Chairman’s Club member at Morgan Stanley, Hawkins brings a wealth of financial expertise to his role as a commercial real estate broker. Moreover, his entrepreneurial spirit shines through his experience as a founder and leader of companies in technology, industrial services, and specialty retail.

This wealth of experience has equipped Hawkins with a unique skill set, allowing him to employ sophisticated strategies and proprietary systems, finely tuned through years of diverse experience. These systems, designed to pinpoint properties with specific characteristics, give Hawkins and his clients a strategic advantage in the market.

The industrial condo’s strategic location in the Airport South Commerce Center Industrial Park offers unparalleled value. Its proximity to major transportation arteries, including FL-826 and I-75 via the Gratigny Parkway (SR 924), enhances its appeal, making it an ideal hub for businesses with logistical and transportation requirements.

The seller, Systems Link International LLC, an affiliate of ITMS Group led by Robert Wing, adds a layer of diversity to the commercial real estate landscape. ITMS Group, as detailed on their website (itmsgroup.net), is a dynamic enterprise with a focus on delivering innovative technology solutions across various sectors.

The buyer, Eleven Design Studio LLC, an affiliate of Cielito Artisan Pops led by Ivan Sussman and Sindy Posso, is set to make the most of this strategic acquisition. Cielito Artisan Pops, showcased on their website (cielitoartisanpops.com), is a vibrant business specializing in delectable artisanal popsicles. The industrial condo aligns with Eleven Design Studio’s vision, providing them with an optimal location to support their operations and capitalize on the dynamic market.

In a related development, James Hawkins listed the adjacent property owned by Systems Link International LLC, featuring two industrial condos combined into primarily office space, as a sale-leaseback offering. This move adds another layer of complexity and strategic thinking to Hawkins Commercial Realty’s recent endeavors in the northern part of Miami-Dade.

In conclusion, the off-market sale of the industrial condo at 13313 NW 47 Avenue not only showcases James Hawkins’ prowess in navigating the commercial real estate landscape but also emphasizes the sophistication and strategic acumen he brings to the table. As new owners Eleven Design Studio LLC embark on their journey in this prime industrial space, the transaction stands as a testament to the dynamic and diverse nature of commercial real estate in the Opa-Locka area.

South Miami-Dade Development Assemblage Trades for $3.375M

A 2.63 acre (114,588 square feet) development assemblage at approximately 16001 SW 117th Avenue in unincorporated Miami-Dade has traded. The property, which sold for $3,375,000, is zoned IU-C (Miami-Dade). The seller of the property was Woodspring Commercial Park LLC, which had purchased it in May of the preceding year for $2,298,000 from Nava Land Inc. The buyer is Miami based MZ Self Storage, led by Daniel Abreu. The sole broker on the sale was James Hawkins, Principal Broker of Miami based Hawkins Commercial Realty. This transaction, which was off-market, was the byproduct of a proactive acquisition campaign by Hawkins.

The property sits about 500 feet west of the Florida Turnpike, which is also known as the Ronald Reagan Turnpike. It is is accessible from the turnpike by way of the 152nd Street/Florida State Road 992 exit about eight blocks to the north. The Miami Metrozoo and planned Miami Wilds water park are to the west. This property is about 4 blocks north of 5 acres reportedly purchased earlier in the year for $7 million by Bomnin Automotive group from Calvary Church Ministries.

Commercial Property Sales Close in Coral Gables Central Business District as South Florida City Continues to Evolve

The Coral Gables central business district is quickly taking on a new form. The Plaza, to the east of the Ponce Circle, is coming online, with one office tower completed and another expected to be completed at the end of 2021. Together, these towers will add nearly half a million square feet of office space to the area. Big tenants have reportedly already signed up, including the digital payments firm ACI Worldwide Corp and Bradesco BAC Florida Bank’s (for its new headquarters). Allen Morris is planning a mixed use property, Ponce Park Residences, to have 171 residential units with retail and restaurant space on the ground level. Also, Codina Partners reportedly just completed a three-way land swap with the city of Coral Gables and Mercedes-Benz of Coral Gables to set up a luxury residential development of its own. With all this going on, it seems worth taking a moment to note other notable commercial property sales in the Coral Gables central business district.

A penthouse office condo with 2,887 square feet at 2601 Douglas Road, unit PH1, traded for $1.4 million, $484.93 per square foot, on October 7th of 2020. The Coral Gables zoning is MX2, the land use Office Building – Multistory: Condominium – Commercial. The buyer was 2600 Douglas Center LLC, the seller Fortune Capital Partners Inc., which had purchased the unit for $425,000 in 2011.

A 2,019 square foot retail condo at 1805 Ponce de Leon Blvd 160 sold on October 28, 2020 for $800,000, $396.24 per square foot. The property is zoned (Coral Gables) MX1, with the preceding MX indicating one of the city’s mixed-use designation, with a land use of Store: Condominium Commercial. The buyer was Old Bull Holdings, LLC, which purchased the property from Il Lugano Holding, LLC. The seller had acquired the property in 2014 as part of a multiple parcel purchase totaling $7,035,000 from CDG Gables LLC.

A 3,987 square foot 2-story medical office building on a 2,500 square foot lot in central Coral Gables recently sold for $1,725,000, $432,65 per square foot. Previously the offices of Coral Gables Plastic Surgeon Dr. Emilio J. Carullo, the property is one of few freestanding office buildings in the Coral Gables central business district that exists. The property, built in 1951 with updates subsequent, was ready made for a medical user, as the buyer indeed was. The buyer was 266 Palermo Professional
Building Inc, the seller the Beatriz K Carullo Trust. The zoning of the property is (Coral Gables) MX2, the land use Professional Service Building: Office Building. The broker for the transaction was James Hawkins, Principal Broker of Hawkins Commercial Realty.

On the 21st of September, 2020, a 14,572 2-story office building at 147 Alhambra Circle sold for $5,275,000, $361.89 per square foot. The buyer was 147 Alhambra PLC LLC, the seller Alhambra Circle Investments LLC. The seller had purchased the property for $1,200,000 in 2002. The zoning is Coral Gables MX3, and the land use is Professional Service Building: Office Building.

Like much of Miami-Dade county, Coral Gables is rapidly changing. Odds are, there’s more and bigger things to come.

Lakefront Miami International Commercial Center Industrial Property Trades

A 7,143 square feet light industrial property at 7961 NW 14th Street has sold for $1,455,000, $203.70 per square foot. Situated on a 21,593 square feet / half acre lot backing up to a scenic lake, the building offers a class B+ office environment with a water view aside its workhorse warehouse area. The office area features a lesser square footage second floor overlooking the lake, nicely maximizing water views for its users. These features are typical of this area, with a set of buildings in its immediate vicinity with highly similar features, including one just to its west at 7963 NW 14th Street which sold a year prior for $1,452,500. The seller of 7961 NW 14th Street, Delasur Enterprises Inc., had purchased the property in 2005 for $750,000, $104.99 per square foot. Property taxes in 2019 were $16,721 on an assessed value of $936,000.

Located within the city limits of Doral, Florida, the folio is zoned Industrial District (I). The city of Doral established this district to allow for industrial uses in the city so as to increase the economic activity with the area’s close proximity to Miami International Airport (MIA) and to retain and continue allowing industrial uses in the city. In a similarl vein, the land use shown by the Miami-Dade Property Appraiser is “4837 warehouse terminal or storage ; warehouse or storage,” while that noted as for other government agencies, presumably in this case the City of Doral, is “320 – industrial, intensive, heavy-light manufacturing, and warehousing-storage type of use.”

The buyer is Miami based Viaper Enterprises LLC. The commercial buyer’s brokers on the transaction was James Hawkins, Principal Broker of Hawkins Commercial Realty.

Eerie Pic: Cruise Ships, Presumably Inactive, Accumulate Off Coast of Miami Beach

Cruise Ships Parked Off the Coast of Miami Beach

In this image, reminiscent of D-Day, cruise ships can be seen parked just off the coast of Miami Beach. One can surmise that all the docks are occupied with other ships. Also, one can just make out to the right,behind the cargo ship stacked with maroon colored containers, the new Virgin Voyages ship. Having postponed its maiden voyage due to the coronavirus crisis, it sits parked in a cargo ship loading area not normally occupied by cruise ships.

These are most unusual times.

North Miami Beach Goodyear Tire Location Deal Inked

A 7,372 square feet retail building on a 19,333 square feet lot located at 1098 North Miami Beach Boulevard in North Miami Beach has been secure as a Goodyear Tire location. The property, owned by Aventura, Florida based Athenas Commercial LLC, was previously the location for another business that also operated a retail tire business there. Representing the tenant on the transaction was James Hawkins, Broker Associate of The Keyes Company Commercial Office in downtown Miami.

The property, located within the city limits of North Miami Beach, is zoned B-2 General Business District. The city’s stated purpose and intent of this district is to provide suitable sites for the development of retail and service commercial uses of a general nature which serve the diverse consumer needs of the entire community and in areas consistent with the City’s Comprehensive Plan Land Use Element. Property taxes for this property in 2018 were $18,713.09 on an assessd value of $842,700.

The Miami-Dade County Property Appraiser shows a land use for this location of “2719 AUTOMOTIVE OR MARINE : AUTOMOTIVE OR MARINE,” while that noted as for other government agencies, presumably in this case the City of North Miami Beach, is “110 – SALES AND SERVICES (WHOLESALE FACILITIES, SPOT COMMERCIAL, STRIP COMMERCIAL, NEIGHBORHOOD SHOPPING CENTERS/PLAZAS), EXCLUDES OFFICE FACILITIES.”

Editor’s Note: James Hawkins is with Hawkins Commercial Realty as of May 2020.