commercial real estate news and press releases
December 2014 – One of the largest warehouses in south Miami-Dade County was sold for $3,450,000 or about $62 per sq. ft. based on 55,000 sq. ft. The property is located at 1011 Northwest 6th Street, Homestead, Florida. The seller was Paramount Property Developers and the buyer was Mirai Holdings (aka Mitsuba) represented by Buyer’s…
The ComReal Companies are proud to announce that Edward Redlich is now serving as President for 2014-2015 of the Society of Industrial and Office Realtors® (SIOR) Florida Chapter which is comprised of nearly 200 members. Redlich has had a leadership role with the Chapter for the past several years and was elected as President at…
The ComReal Miami Warehouse Team is pleased to announce the successful transaction involving their client, Elite Flower Services, and their long term, lease acquisition of 107,360 sq. ft. of warehouse space at South Florida Logistics Center. Their new building is located at 3200 NW 67th Avenue in Miami. After searching for several years for the…
[This letter concerning the reduction of the Florida state sales tax on commercial lease agreements was submitted to Florida state legislators in April]. Dear Florida Legislator, It was a pleasure to meet with you and your staff for the “Great American Realtor Days” in Tallahassee on March 19th. We sincerely appreciate your hospitality and precious…
After nearly two years in the making, the ComReal Miami Industrial Team announces the successful lease of a 64,000 sq. ft. warehouse building by Miami-Dade County. The property is located at 1351 NW 78th Avenue in Doral right on the Palmetto Expressway just west of Miami International Airport. What is most unique about this property…
Congratulations to Karlville Development Group for their new headquarters location at 3590 NW 59 Street in Miami. The 57,000 sq. ft. warehouse is located in the Miami Airport East sub-market. The closing sales price was $2,050,000 or about $26 per sq. ft. The sale was closed in January 2014. The purchase was made under IPR…
Congratulations to Rosy Freight Services (aka RFS International) with their new warehouse space at the Miami International Commerce Center (MICC). The freight forwarder rented 28,540 sq. ft. at 8190 NW 21st Street in Doral. This will be used for their freight forwarding operations for both air and ocean freight along with a customs bonded area.…
Sold! Class A, free-standing warehouse building located at 10855 NW 33rd Street in Beacon Industrial Park (BIP) in the City of Doral recently sold in December 2013 for a sales price of $1,625,000 or about $91 per sq. ft. The total size is 17,850 sq. ft. The properties features included dock height loading, with one…