Miami Industrial Real Estate Market Report Midyear 2016

Midway through 2016 and the industrial market continues to grow. Once again average lease rates have increased slightly to $9.41 per sq. ft. and the vacancy rate has decreased slightly to only 4.4%. In our opinion, many of the available industrial properties are either overpriced and/or have functional challenges. The largest lease transaction of the…

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Seafrigo USA Warehouse in Miami

  Global logistics company, Seafrigo, expands to Miami warehouse just-in-time for new Panama Canal. July 2016 – We are pleased to announce that Seafrigo, a global logistics company, is expanding   their logistics services into the South Florida market, just-in-time for the new Panama Canal. Seafrigo is headquartered in France and specializes in the food logistics…

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ComReal Celebrates “Red Day” May 30, 2016

Since being founded in 1979, the ComReal Companies have celebrated their anniversary every year on this date. Today, May 30th, is ComReal Red Day!! The ComReal Miami commercial real estate company boasts years of experience and longevity – serving local, national and international clients for over 3 decades. To learn more about our company, please…

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Redlich Battles Against State Sales Tax On Commercial Leases

As 2016 chairman of the Commercial Alliance for Florida Realtors, Ed Redlich’s primary goal for the year will be to reduce or eliminate the sales tax on commercial lease agreements. “Our biggest goal is getting the state sales tax reduced on commercial leases. It’s not fair. A sales tax on property taxes is double taxation,”…

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Miami Industrial Real Estate Market Report First Quarter 2016

2016 commences with strong activity in Miami’s industrial real estate market. The average lease rate has increased to $9.24 per sq. ft. and the average vacancy rate has decreased to 4.5%. The largest lease transaction of the 1st quarter was Amazon.com’s deal for the entire Building #5 of 180,000 sq. ft. at South Florida Logistics…

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