Miami Industrial Real Estate Market Report Year End 2013

The year 2013 was about concrete evidence. Over 2,300,000 sq. ft. of warehouse space was delivered to the market in comparison to 2012 where only 538,000 sq. ft. was delivered. In addition, there is 1,600,000 sq. ft. now under construction. Although new space was added to our 229M sq. ft. of total inventory, the vacancy…

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Freight Forwarder Rents Warehouse Space in Doral

Congratulations to Rosy Freight Services (aka RFS International) with their new warehouse space at the Miami International Commerce Center (MICC). The freight forwarder rented 28,540 sq. ft. at 8190 NW 21st Street in Doral. This will be used for their freight forwarding operations for both air and ocean freight along with a customs bonded area.…

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Warehouse Sold in Beacon Industrial Park in Doral

Sold! Class A, free-standing warehouse building located at 10855 NW 33rd Street in Beacon Industrial Park (BIP) in the City of Doral recently sold in December 2013 for a sales price of $1,625,000 or about $91 per sq. ft. The total size is 17,850 sq. ft. The properties features included dock height loading, with one…

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Miami Flex Space Building at MICC 100% Leased!!!

In less than one year, PS Business Parks and the ComReal Miami Industrial Team brings The 8000 Building from 0% to 100% occupancy. The property is comprised of a 45,000 sq. ft. flex space building and is located at 8000 NW 25th Street within Miami International Commerce Center (MICC) in Doral. In 2011, PS Business…

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Companies from California, New York and Illinois Moving to Florida

It has been a common trend over the years to have businessmen, their companies and their families move to Miami to flee from socialism, crime and corruption in Venezuela, Colombia, Argentina, Brazil and many other less fortunate countries. However, we are now experiencing many inquiries from our fellow Americans wanting to flee certain states within…

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