commercial real estate news and press releases
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…
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…
Summary: The 2016 industrial real estate market in Miami was full of uncertainty given both the national economy and the US presidential election. Folks did not yet know if our republic was voting for more continued governmentism or Americanism again. You may be surprised at how many significant decisions concerning real estate were on hold…until…
ComReal is in the Zone…the Miami Free Zone that is. ComReal is pleased to announce that it will assist the Miami Free Zone with its leasing efforts. The Miami Free Zone consists of 850,000 sq. ft. of office, showroom and warehouse spaces. The property is located at 2315 NW 107th Avenue in Doral, Florida.…
Edward Redlich, SIOR, CCIM, and the Miami Industrial Team have been utilizing drone technology for a few years now as a way to market their listings. In June 2016 the Federal Aviation Administration (FAA) announced a NEW Small UAS Rule (Part 107) that now makes it easier and safer for drones to be used for…
Midway through 2016 and the industrial market continues to grow. Once again average lease rates have increased slightly to $9.41 per sq. ft. and the vacancy rate has decreased slightly to only 4.4%. In our opinion, many of the available industrial properties are either overpriced and/or have functional challenges. The largest lease transaction of the…