A 60,000 sq. ft. warehouse building at 7379 NW 31st Street sold last week for $4,750,000 (or about $79 psf). The warehouse is a “Class B” property with dock height loading, heavy electric, fully sprinklered and the Miami warehouse was full air conditioned. The Property was foreclosed on by the lender, Great Florida Bank, then…Details
Just over a week ago I attended the Florida Association of Realtors (FAR) expo in Orlando, Florida. Check out the updated slideshow with a new photo of the CCIM commercial real estate booth that was set up at the event. The album also includes a few other photos of various CRE events that I’ve attended over…Details
Edward Redlich and Chris Spear of ComReal Miami, Inc. announce the sale and purchase transaction of a 24,000 sq. ft. warehouse, located at 2400 NW 150th Street in the Opa Locka-Hialeah area. The sales price was $1,100,000 paid “all cash”; no financing. The Seller was 2400 Holdings; the Buyer was Eight Investment Corp. The Buyer…Details
The CIASF recently hosted a luncheon with Neal Asbury. The event was sponsored by ComReal Miami and Edward Redlich. The venue was held at Flagler Station and the group toured several Medley warehouses before dicussing the industrial real estate market. Mr. Asbury then spoke about his experiences with America’s international trade industry.
This website, www.edwardredlich.com, has undergone a few recent changes. I now have a travels page, photo gallery, Twitter feeds and some other special features. Please check back often to read my commercial real estate blog and be sure to subscribe to the feeds. Thanks and have a great day! ~ Ed Redlich