Xceligent – Welcome to Miami

August 9th - Coral Gables

The CCIM Miami-Dade-Monroe District hosted its monthly meeting at Morton’s Steakhouse in Coral Gables.

The topic was the commercial real estate company Xceligent, and its emergence into the Miami-Dade market.  Xceligent is a leading provider of proactively researched and verified commercial real estate property and listing information.

Wayne D’Amico, CCIM speaks to Miami CCIMsWayne is a Past President of the CCIM Institute

Two presentations were made. The first by Danny Rice, the Regional VP of Sales for the Florida market; the second by Wayne D’Amico, the Executive Vice President of Corporate Development & Strategic Relations. Also in attendance were Francisco Jaramillo and Ana Isabel Besu, Directors of Client Services and Sales, and Peter Morris, Director of Analytics.

Xceligent is a leading provider of commercial real estate information across the United States. Their research team pro-actively collects:

• Comprehensive inventory of commercial properties
• Buildings available for lease and sale
• Tenant information
• Sales and lease comparables
• Historical market analytics on vacancy, absorption and lease rates

Danny Rice, Regional VP - Exceligent

This invaluable information assists real estate professionals, appraisers, owners, investors, banks and developers that make strategic commercial real estate decisions. 

One of the main questions posed was: How does Exceligent differentiate itself from Costar.  The response included: 

• Analytics: Results in industry endorsed market analytics
• Certification: Provides a level of transparency and detail unseen before such as future vacancy and future occupancy.
• Move-in / Move-out: Secures the most accurate source of tenant move-in and move-out data.
• Data Strategies: Work with brokerage companies to establish the most efficient flow of information.

Xceligent, a leading provider of commercial real estate information, makes a powerful entrance into the Miami market as the sole challenger to Co-Star.

Reference:

Xceligent.com

Carlos Rodriguez Jr. // KW Commercial

www.linkedin.com/in/crodjr

CCIM Meeting / John Dohm, CCIM, SIOR & John Guitar of All Aboard Florida

On the 8^th of July 2016, the CCIM Miami-Dade-Monroe District hosted its monthly meeting at Morton’s Steakhouse in Coral Gables.

There were two key presentations: The first was by John Dohm, CCIM, SIOR, of Infinity Commercial Real Estate who is a highly-respected commercial broker nationwide. Dohm is a past regional director of SIOR and CCIM chapter president, past president of the Realtor's Commercial Alliance, and is currently Chairman of the Board of the Miami Association of Realtors. http://www.realcommercialproperties.com/

The second was by John Guitar of All Aboard Florida AllAboardFlorida.com Guitar is the Senior Vice President of Business Development for All Aboard Florida. He is responsible for the development and leasing activities for the stations and transit oriented development in Miami, Fort Lauderdale and West Palm Beach.

“The only thing Miami cannot mess up is geography” – John Dohm

Dohm gave a comprehensive presentation entitled, “Ready for Globalization: South Florida’s Infrastructure and the Expanded Panama Canal.” He detailed the contributing factors that make Miami unique.

Immigration: According to the U.S Census Bureau, in 2013 there were 1.3 million people living in Miami-Dade County who were born outside of the United States. 1.2 million were from Latin America.

International Real Estate Sales: 50% of all International sales in the entire state of Florida are from Miami and Ft. Lauderdale.

Population Growth: From 2010 to 2015, the Miami-Dade county population grew from 2,496,435 to 2,693,117 representing a 7.88% increase.

Tourism: In 2014, the total overnight visitors to Miami-Dade was 14,563,200. In 2015, the total grew to 15,496,300, for an increase of 6.4%.

Infrastructure: South Florida has invested billions of dollars in key global infrastructure. There are the two international airports: Miami International and Ft. Lauderdale/Hollywood International. And there are the two international seaports: Port Everglades and Port Miami.

Miami International Airport: In 2015 there were 44.3 million passengers.

PortMiami: In 2015, PortMiami posted an increase of 15% in containerized cargo movements. 

PortMiami is the closest U.S. port to the Panama Canal.

Train Transportation. All Aboard Florida is developing Brightline, an express, intercity train service arriving 2017. It will connect the tri-county area of Miami-Dade, Broward and West Palm bringing a total of 4 million square feet of new transit oriented development around the South Florida stations.

And what does this all mean for the commercial real estate world? In London, the number of square meters $1 million USD can buy of prime residential real estate is 22. In New York, it is 27. As Miami becomes a more globalized city, its prices will become more “globalized” as well.

Carlos Rodriguez Jr. // KW Commercial

www.linkedin.com/in/crodjr

CCM Sponsor / Jay Pelham, President, TotalBank