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Edward Redlich

ComReal Miami Industrial Real Estate Quarterly Market Report 2nd Quarter 2021

News & Press Releases, Quarterly Market ReportsBy Edward RedlichJuly 20, 2021Leave a comment

  The Miami industrial market’s Q1 vacancy rate was 4.6% at the close of the quarter with a $13.16 per sq. ft. average (gross) lease rate. Industrial The Miami industrial market’s Q2 vacancy rate was 3.9% at the close of the quarter with a $13.78 per sq. ft. average (gross) lease rate. Industrial vacancies have…

ComReal Miami Industrial Real Estate Quarterly Market Report 1st Quarter 2021

News & Press Releases, Quarterly Market ReportsBy Edward RedlichApril 6, 2021Leave a comment

The Miami industrial market’s Q1 vacancy rate was 4.6% at the close of the quarter with a $13.16 per sq. ft. average (gross) lease rate. Industrial vacancies are for Miami warehouses are back below the National Index rate after climbing higher in 2020 for the first time in 20 years. Deliveries have totaled 4.7 million…

Homestead Park of Commerce Sold for $35M to Copart USA

Edward J. RedlichBy Edward RedlichOctober 27, 20202 Comments

October 2020 – ComReal is proud to announce the sale of +/- 117 acres within The Homestead Park of Commerce in South Dade and welcome Copart USA to the City of Homestead! The sales price was $34,746,716. Copart was represented by the ComReal team including Ed Redlich, Ron Redlich, Chris Spear, Edison Vasquez, Mort Fetterolf…

Warehouse in Hialeah Sold

Edward J. Redlich, News & Press ReleasesBy Edward RedlichAugust 18, 2020Leave a comment

Closed! The Industrial Team at ComReal announces the successful sale of the 39,000 SF warehouse facility at 595 E 10th Avenue in Hialeah, Florida. The seller, 595 Realty Corp, was represented by Patrick McBride, Esq. and Edward Redlich, SIOR, CCIM. CarSafe Storage purchased the warehouse for $3,350,000. The property was extensively marketed for lease prior…

miami gardens freezer warehouse

Miami Freezer Warehouse Sold

News & Press ReleasesBy Edward RedlichJuly 7, 2020Leave a comment

  Closed! 80,000 sq ft freezer warehouse sold for $13,250,000 or about $165 psf. The property is located at 650 NE 185th Street in Miami, Florida. The seller, Best Freezer Holding, was represented by Edward Redlich, SIOR, CCIM along with the ComReal Miami Industrial Team and Michael Weihl with Sirius Business Advisors. The buyer, Ivy…

12345 nw 38 avenue opa locka miami

Realterm Logistics Buys Cold Storage Warehouse in Miami

News & Press ReleasesBy Edward RedlichMay 15, 2020Leave a comment

In the midst of the current pandemic, cold storage buildings totaling 157,000 square feet at 12401, 12701, 12725 NW 38 Ave. on 12.5 Acres in Opa-Locka, Florida have sold for $26,000,000. Stephen M. Greene, seller, held the single member LLCs of the parcels. The buyer was Realterm Logistics. In 1966, Don Greene and son Stephen…

Ed Redlich on Miami Business Forum Radio Show

Edward J. Redlich, News & Press ReleasesBy Edward RedlichMay 11, 2020Leave a comment

  On today’s episode of The Business Forum Group, radio show host Peter De La Torre has a discussion with Edward Redlich about the Miami industrial real estate market as well as the opening of the Miami economy. “Delayed deals are better than dead deals” states Redlich. His team has been working with clients over…

Cooler Distribution Warehouse in Miami for Lease

Edward J. RedlichBy Edward RedlichMay 1, 20201 Comment

Cooler distribution warehouse in Miami is now for lease! The entire building or just a portion. Refrigerated warehouses in Miami rent quick! Please see below and also check out the AERIAL DRONE VIDEO OF MIAMI COOLER WAREHOUSE. >>> +/- 29,00 – 75,000 SF Total Space Available +/- 6,000 SF Office 32 dock doors equipped with…

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