Leased! The ComReal Miami-Doral Industrial Team is pleased to announce that they have successfully leased the Turnpike Logistics Center located at 3450 NW 115th Avenue in Doral, Florida. The warehouse measures 87,531 sq. ft. and was 100% leased to a single tenant. The lease value was about $3.5M. The non-disclosed client of ComReal is…
ComReal Miami – Doral, LLC is pleased to announce it concluded its 12,450 sq. ft. office space sublease assignment at the Federal Reserve Bank located at 9100 Doral Boulevard in Doral, Florida. The sublease is for a long term totaling over $1M. The Sub-Landlord was Claro Video, Inc. a multinational telecommunications company and the Sub-Tenant…
The third quarter of 2017 ends with a slight increase in the average lease rate to $9.76 per sq. ft. and the vacancy rate remains the same at 4.1%. The positive absorption was only 174,347 sq. ft. bringing the annual total thus far to just under 900,000 sq. ft. Although the stats this year are…
New listing! The Palmetto 8 Acres is site is now for sale for $10,000,000. The ownership might also consider leasing the site. The zoning is the heaviest in Miami-Dade County known as IU-3 and it is in unincorporated (no city limits). The frontage on the Palmetto Expressway has over 250,000 cars per day. NW 74th…
16.7 acres of farm land is now listed for sale in Redland, Florida. The property is zoned for agriculture. For more information on this property and other agriculture properties in South Dade, please contact Ed Redlich, ComReal. Thank you very much.
Miami International Airport: International Air Cargo Warehouse Hub Miami International Airport (MIA) located in the heart of Miami-Dade County is the air cargo gateway to Latin America, and the number one airport for international freight in the United States. It’s hard to ignore this leading statistic and the implications for any major industry in the…
August 2017 – The ComReal commercial real estate team is pleased to announce the sale of The Redland Warehouse at 21150 SW 167 Avenue, Redland, Florida. The 55,600 sq. ft. packing and refrigerated warehouse sits on over four acres within the Redland agriculture district. The property closed for $3,445,000 or about $62 per sq. ft.…
PortMiami: Sea Cargo Gateway to the Americas Companies that import and export goods and perishables between the Americas should pay attention to one of the world’s leading hubs for commerce located in South Florida. PortMiami sits conveniently on the southern tip of North America, with prime access to South and Central America, Europe, and even…