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CRE News

Jan72019

Opportunity Zones in Miami

By Edward RedlichJanuary 7, 2019

What are Opportunity Zones? Created as a part of the Tax Cuts and Jobs Act signed by President Trump in late 2017. The purpose of the program is to encourage private long-term investment of capital gains funds in these zones by providing a tax incentive in qualified businesses and property…

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Nov232018
ComReal Doral Quarterly Report 2018 3Q

ComReal Miami Industrial Real Estate Quarterly Market Report 2018 3Q

By Edward RedlichNovember 23, 2018

Please watch our video on Miami’s industrial real estate market report for the 3rd quarter of 2018. Thank you.

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Nov152018
18770 SE 6th Avenue in Miami

Refrigerated Distribution Warehouse in Miami Sold

By Edward RedlichNovember 15, 2018

  ComReal Miami-Doral, LLC is pleased to announce the sale of the property at 18770 NE 6th Avenue in Miami. The transaction closed on Friday, November 9th for $18,770,000 or about $80 per sq. ft. The property consisted of a 234,739 sq. ft. refrigerated distribution warehouse in Miami on 9.46…

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Oct302018

Realterm Logistics Final Mile at Medley Florida

By Edward RedlichOctober 30, 2018

The Final Mile at Medley property is now available for lease. The address is 7500 NW 82nd Place, Medley, FL 33166. The 28,000 sq. ft. warehouse building sits on 10.8 acres. The landlord / developer, Realterm Logistics, will consider build-to-suit construction for long term, creditworthy tenants. Be sure to watch…

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Oct212018
miami logistics

Miami Industrial Real Estate Market Report 3rd Quarter 2018

By Edward RedlichOctober 21, 2018

  The average vacancy rate decreased to 3.8% and the average lease rates have increased to $11.76 per sq. ft. Landlords continue to drive rates up while giving tenants fewer concessions. Over 5MM sq. ft. is under construction in Miami’s industrial real estate market, however the net absorption for this…

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