Agrinova Company completed the acquisition of its warehouse in Miami on December 13th, 2010. The company is expanding its operation as the demand for vegetable seeds in the Caribbean and Latin America is growing rapidly. Agrinova will relocate from its current location at 8530 NW 66th Street to its newly acquired location at 3347 NW 74th Avenue. “Our company has been able to grow during this recession, greatly in part to the continuous demand for seeds globally, especially in the Caribbean and Latin America.” mentioned Aldo Suarez, CPB, manager for Agrinova’s Miami warehouse operations. For more info, call 305-629-8390 or visit www.agrinovaseed.com.
Agrinova Company was represented by ComReal’s Miami Warehouse Team. “We understood the unique requirements and using our market knowledge we were able to find the right property. The current market conditions also benefited Agrinova to acquire the property at a great price.” commented Edison Vasquez. The property acquired was at 3347 NW 74th Avenue; a 5,858 sq. ft. warehouse located only blocks from Miami International Airport. The property was purchased for $545,000 (+/- $93/SF). Fairchild Partners Inc. represented the seller, Force Investment 3345-3347, LLC. For additional details on this sale and for information on other properties available, contact the Miami Warehouse Team at 786-433-2380.
One industry that is doing well in this economy is food production and distribution. These include both importers and exporters; both domestic and international. There has been strong activity amongst Miami distributors of foods, beverages, produce such as fruits and vegetables, etc. People have to eat, even in a recession. Food companies will continue to grow their Miami warehouse distribution.
Mr. Edison Vasquez provided Agrinova with excellent customer care. He performed a Site Selection of available warehouses in Miami that would suit their needs. In addition, he introduced them to one of our favorite attorneys, Mr. Fernando Portuondo, who counseled Agrinova to a successful closing transaction.