Palmetto Industrial Land in Miami Sold

June 2018 – ComReal Miami-Doral is pleased to announce the sale of an eight acres site located at 7290 NW 77 Court in Miami on the Palmetto Expressway near Miami International Airport. The sales price was $5,500,000 (about $700,000 per acre or $16 per sq. Ft.) The sellers, the Diaz family, wisely chose to dispose…

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South Dade Commercial Real Estate Market

South Dade: South Florida’s Frontier for Premier Business and Lifestyle It’s hard to deny the increasingly high rate at which South Florida is exploding in industry and population. With a prime geographic location that is easily accessible from domestic as well as international hubs in Europe, South and Central America, the Caribbean, and even Asia,…

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Miami Industrial Real Estate Market Report First Quarter 2018

For the first time, the average asking gross lease rate for warehouse space in Miami is now above the $10.00 per sq. ft. mark (but, just barely). Strong market forces and higher rents for new buildings have helped make this happen. Landlords will continue to push rates even higher, however this first quarter shows a…

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Gratigny Warehouse in Miami Leased

The Miami Industrial Team at ComReal announces the completion of a long-term lease for the +/-47,500 Sq. Ft. building known as the Gratigny Warehouse at 3360 NW 110th Street in Miami, Florida in Seaboard Industrial Park. Only six months after being sold and having gone through renovations, the building will now be occupied by HardTen…

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