Edward J. Redlich, CCIM of ComReal Miami, Inc. represented Baker Construction and announces the sale of 8321 NW 90th Street in The City of Medley for $2,315,000 on May 16, 2006. The Seller was Stone Ventures, LLC. ComReal represented the Buyer, Baker–Phoenix Properties, LLC.
The ComReal Team prepared a comprehensive Site Selection of available industrial properties for Baker. The Subject Property is a 3 acres vacant, industrial site with only a 22,000 sq. ft. foundation for a warehouse. Baker will complete the construction of the Medley warehouse building in the Fall. Rob Baker states “ComReal assisted Baker in the Due Diligence period in dealing with the Owner, various contractors and city officials to help complete this unusual transaction. I would use ComReal again for all of our South Florida industrial real estate needs.”
Baker Concrete Construction, Inc. (see www.bakerconcrete.com) is a national construction company with about 6,000 employees. Projects include Indianapolis Colts Stadium and an 1,500,000 sq. ft. warehouse distribution center for Wal-Mart. In Miami, they are now working on 1.) 500 Brickell – twin 40 story towers for The Related Group 2). Paramount Bay – 50 story luxury hi-rise for Royal Palm Development. 3) The Carrillon – 34 Story on the beach for WSG Developers 4). Infinity on Brickell – 54 Story Luxury Condos Colonial Life Developer.
ComReal Miami is a full-service commercial real estate brokerage firm serving domestic and international clients in South Florida with more than twenty years of experience. A technologically sophisticated leader, ComReal has assisted small to Fortune 500 companies with leasing options, site selection and the purchase and sale of land and buildings. For more info, please call Ed Redlich at 786-433-2379 or visit our website at www.comrealmiami.com