On November 20, 2006, ComReal Miami handled the sale of a warehouse located at 11125 NW 29th Street located in Beacon Industrial Park in Doral. ComReal’s Vice President Ed Redlich, CCIM oversaw the transaction, which he co-brokered with Florida International Realty.
The 40,308-square-foot warehouse was sold by Trellis Investments, Inc. and bought by Gateway Ventures LLC for $4,250,000. Redlich successfully located and assisted in the acquisition of property, which will serve as a distribution facility for Andes Chemical Company. Led by Fernando Espinosa, Jr., who was recently named Hispanic CEO Magazine as CEO of the Year, Andes Chemical is an exporter of raw materials and equipment for the paint, ink, adhesive, cosmetics, pharmaceutical and personal care industries into the Caribbean, Central America and South America.
The company started with minimal warehouse space of 500 square feet and as the company grew, so have its warehousing facilities. When looking for a warehouse facility of over 30,000 square feet in the Miami Airport West area, Espinosa contacted ComReal. Selected from over twenty properties, ComReal’s experts skillfully negotiated the transaction for Andes’ new warehouse, while allowing the company to continue to conduct its daily business operations.
“ComReal’s Ed Redlich found the property when all others could not. Our company is extremely grateful and will always consider ComReal part of our team,” stated Fernando Espinosa, Jr., CEO of Andes Chemical.