Please watch our video on Miami’s industrial real estate market report for the 4th quarter of 2018. Thank you.
The Miami industrial market ends 2018 with a 4.0% vacancy rate and a $10.52 per sq. ft. average (gross) lease rate. There was 3,595,710 sq. ft. of positive absorption for the year; averaging about 1M sq. ft. per quarter is a sign that our market is relatively healthy. There was 4,398,422 sq. ft. of new…Details
What are Opportunity Zones? Created as a part of the Tax Cuts and Jobs Act signed by President Trump in late 2017. The purpose of the program is to encourage private long-term investment of capital gains funds in these zones by providing a tax incentive in qualified businesses and property in these areas. Who can…Details
Please watch our video on Miami’s industrial real estate market report for the 3rd quarter of 2018. Thank you.
ComReal Miami-Doral, LLC is pleased to announce the sale of the property at 18770 NE 6th Avenue in Miami. The transaction closed on Friday, November 9th for $18,770,000 or about $80 per sq. ft. The property consisted of a 234,739 sq. ft. refrigerated distribution warehouse in Miami on 9.46 acres. ComReal represented the seller,…Details