November 2015 – ComReal Miami-Coral Gables is pleased to announce its acquisition of 51 Merrick Way in the City of Coral Gables. Principals Stephen H. Smith, SIOR, John Lonardo, CCIM and Ed Redlich, SIOR, CCIM purchased the street level office/retail property on October 1, 2015 as CASTANHA XII, LLC. Purchase price was $690,000 (or $415…
DetailsSummer seasons are typically slow in Miami, however the Miami industrial real estate market experienced an increase in the average lease rate to $8.77 per sq. ft. and a decrease in vacancy to 4.7%. Over 3M sq. ft. has been absorbed this year with one more quarter to go. At this pace, we might break…
Details‘Class A’ warehouse for sublease located at 8190 NW 21st Street in Doral, FL 33122. This property is situated in a prime location within Miami International Commerce Center (MICC) and offers the following features: 28,540 SQ. FT. 24’ CEILING HEIGHT 14 DOCKS & 1 RAMP FRONTAGE ON NW 82ND AVENUE ASKING $9.50 PER SQ. FT. GROSS LEASE…
DetailsEstablishing a Warehouse in a Miami Foreign-Trade Zone (FTZ) If you own a business and are looking for a warehouse location that is convenient for large-volume international import and export, you may be considering moving your business into a warehouse in the South Florida area. Strategically, Miami is situated in a prime geographic location for…
DetailsAugust 2015 in Redland, Florida – One of the largest available land sites in Miami-Dade County has been sold. The 95 acres of land is located in the Redland on Southwest 328th Street just west of 217th Avenue. The sale price was $2,775,000 or about $29,000 per acre. ComReal Miami’s Edward Redlich and Chris Spear…
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