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 Parks, the landlord/owner, acquired this property to add to their 3,300,000 sq. ft. industrial portfolio in South Florida. The 8000 Building is in a prime location facing NW 25th Street. It has 45,510 sq. ft. of fully air-conditioned space. Perfect for storefront, retail, offices, showrooms and warehouse users. This flex building will keep making the difference in the Airport West market. After renovating the property, they retained the marketing assistance of ComReal Miami’s Industrial Team. Edward Redlich, Chris Spear and Edison Vasquez commenced marketing the property in November 2012 and by October 2013, they had successfully signed four new tenants. These companies included a beer brewery, a logistics operation, a cigar distributor and a church.
“The ComReal and PS Business Parks teams worked very well with each other. We strive for win-wins. This relationship was instrumental in securing good tenants that fit into the spaces well and accomplishing all of this within a reasonable time period”. exclaims Chris Spear.
At the beginning of the year, the City of Doral had over 100,000 sq. ft. of flex space available for lease. Currently there is approximately only 60,000 sq. ft. available. Flex space offers businesses a flexible combination of office, warehouse and/or showroom space. Other types of businesses that often utilize flex spaces in our market are medical, aviation, light manufacturers, aviation, technologies, R&D, service & repair, and more.
“The team from ComReal Miami did a great job helping us to lease our most recent acquisition at MICC. We would like to congratulate ComReal for their outstanding performance representing PS Business Parks to lease the 8000 Building at MICC.” states Viola Sanchez, CPM, Vice President of the Southeast Division for PS Business Parks.
Miami International Commerce Center “MICC” is a diversified 3.3 million square foot business park with available warehouse, office, and flex space located in the heart of Doral. For more information, about PS Business Park, visit www.PSBusinessParks.com.
The ComReal Miami Industrial Team is a division of ComReal Miami, which has been assisting companies with their South Florida real estate needs for over 30 years. The warehouse team specializes in the sales and leasing of industrial properties. Visit www.MiamiWarehouseTeam.com for more information.