Midyear into 2017 and the average rental rate for Miami warehouse space slightly increases… grudgingly. Although some landlords have been able to increase rates for their warehouses, tenants and their respective brokers fight to keep the average under $10.00 per sq. ft. Institutional landlords are fairly disappointed that rates have not increased higher as they…
ComReal Expands with Launch of third franchise in South Florida, ComReal Miami–Doral, LLC Doral, FL– ComReal, a leading commercial real estate company founded in South Florida in 1979 by Stephen H. Smith, has expanded operations with the opening of ComReal Miami–Doral, LLC. The new operation located at 2315 NW 107th Avenue, Suite #1M02, Mailbox…
American Consolidation & Logistics Opens A Third Warehouse in Miami ComReal Scores Again with Refrigerated Warehouse for Produce Importer Miami, FL– Strong efforts by the ComReal team, led by Partner and Managing Member, Edward Redlich, led to the leasing of a third Miami warehouse location for international produce importer, American Consolidation & Logistics (ACL). The…
So how exactly does doing deals equal to doing more deals? You’ve probably heard of the saying “90% of your business comes from 10% of your customers”. The concept of “deals = more deals” is similar, but it goes much deeper than this. Our team finds that upon successfully completing a deal we have always…
There are few warehouses in Miami served by rail. Our team specializes in identifying these properties and when they will be coming available on-the-market for sale or lease. There are two railroads that service Miami: CSX Rail and FEC Rail. Often times we come across older industrial properties that have had the rail spur disconnected.…
Summary: The new year starts off with a slightly lower average lease rate of $9.54 per sq. ft. and a higher vacancy rate to 3.9%. The positive absorption was a healthy 602,988 sq. ft. The most significant disposition so far this year was TA Associates’ sale of seven warehouses totaling 550,000 sq. ft. to Brookfield…
Southcoast Simulation, Inc. has recently moved into its brand new 17,000 sq. ft. class A warehouse space at South Florida Logistics Center located at 3200 NW 67 Avenue in Miami, Florida. Southcoast is based in Montreal, Canada and specializes in Visual System Technical Support for flight simulators originally produced in England and Canada. “Southcoast employees…
Free standing warehouse in Miami is now available for rent. The property is located at 7025 NW 52nd Street in Miami. The 23,638 sq. ft warehouse building is located on one acre. It is fenced and gated which makes it more secure. The building is comprised of all-concrete construction with 24; high ceilings;fully sprinklered; three…