Miami CRE heavyweights talk Zika, emerging neighborhoods and more: VIDEO

Miami /
Nov.November 01, 2016 09:45 AM

Video by Alistair Gardiner

With Miami’s office, retail and hospitality industries seemingly at their peaks, many in the marketplace are wondering how long the good times will last — and whether they’re already behind us.

The Real Deal put together a panel of five commercial real estate heavyweights to riff on the market’s health, Miami’s next hottest neighborhoods, as well as how the Zika virus and millennials are disrupting the industry.

One of the major points of agreement is that Miami is still ripe for development, depending on where you look. Tony Cho, founder and CEO of brokerage Metro 1 said there’s a big hospitality gap to fill in Wynwood, and he’s already in talks with several operators. Donna Abood, principal of Avison Young’s Miami branch, said the city is still in dire need of new office space. Condo developers ate up much of the buildable land in the urban core this cycle, and the upcoming projects that include major office components — such as Brickell City Centre and MiamiCentral — have already preleased much of their space.

Abood and Cho were joined by Keith Menin, principal of Menin Hospitality; Lyle Stern, president of the Koniver Stern Group; and Steven Kamali, founder of Hospitality House. Their panel was one of five discussions hosted by TRD at our biggest-ever South Florida Showcase & Forum on Oct. 20, located at Wynwood’s Soho Studios. More than 4,500 movers and shakers attended for a chance to network, check out the newest developments and find potential deals. — Sean Stewart-Muniz


Related Articles

arrow_forward_ios
“Record-setting” market: Real estate powerhouses talk tech, infrastructure, development and hot housing market at TRD’s Miami event
“Record-setting” market: Real estate powerhouses talk tech, infrastructure, development and hot housing market at TRD’s Miami event
“Record-setting” market: Real estate powerhouses talk tech, infrastructure, development and hot housing market at TRD’s Miami event
The Real Deal's Hiten Samtani with Gil Dezer, Keith Menin, Jon Paul Pérez and Todd Michael Glaser
South Florida’s thriving condo market is sustainable, with financing flowing: developers panel at TRD Miami event
South Florida’s thriving condo market is sustainable, with financing flowing: developers panel at TRD Miami event
Jared Galbut, Keith Menin buy Coconut Grove building from Federal Realty
Jared Galbut, Keith Menin buy Coconut Grove building from Federal Realty
Jared Galbut, Keith Menin buy Coconut Grove building from Federal Realty
Keith Menin and Palazzo Della Luna
Keith Menin buys condo at Palazzo Della Luna on Fisher Island
Keith Menin buys condo at Palazzo Della Luna on Fisher Island
Tony Cho (Photos via Metro 1, iStock)
Tony Cho launches company focused on climate change and social activism
Tony Cho launches company focused on climate change and social activism
Mark Gold, Keith Menin and the property at on West Rivo Alto Drive. (Luxe Living Realty, Tumblr via Mark Gold Ticket Clinic, Menin Hospitality)
Ticket Clinic founder sells Venetian Islands mansion to Keith Menin for $21M
Ticket Clinic founder sells Venetian Islands mansion to Keith Menin for $21M
Jared Galbut, Keith Menin and the Bentley South Beach (The Bentley Hotel)
Lawsuit against Jared Galbut, Keith Menin alleging fraudulent special assessments at Bentley South Beach moves forward
Lawsuit against Jared Galbut, Keith Menin alleging fraudulent special assessments at Bentley South Beach moves forward
Shervin Pishevar with renderings of the house (Photos via Getty; Menin Homes Design)
Early Uber investor Shervin Pishevar to list waterfront Miami Beach mansion for $35M
Early Uber investor Shervin Pishevar to list waterfront Miami Beach mansion for $35M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...