THE AIRPORT PALMETTO CORRIDOR… It’s all business here! Surrounded by the municipalities of Doral, Sweetwater, Miami Springs, Hialeah, and Coral Gables, the unincorporated area of The Airport Palmetto Hub offers owners and users one less level of government bureaucracy. Heavy manufacturers and production companies find this especially appealing as zoning, electrical, water, and…
DetailsFlorida has undeniably become the top state in the U.S. for business. Since 2010, Florida businesses have created 1.4 million private sector jobs for a total overall state earnings of $511.2 billion. If the job numbers aren’t enough, for five consecutive years, the state has been labeled the second- best state for business by C-Suite…
DetailsMidway through 2018 we can report that the industrial real estate market in Miami remains very vibrant. The average gross lease rate has increased from $10.01 to $10.30 per sq. ft. The average vacancy rate has decreased from 4.4% to 4.1%. There has been a significant amount of deal volume, including three major sales transactions:…
DetailsJune 2018 – ComReal has just sold ten acres located at 21250 SW 167th Avenue in Redland, Florida. The property is in un-incorporated Miami-Dade County and has dual-zoning: industrial / agricultural. The final sales price was $1,550,000 or $155,000 per acre. The buyer and new owner is Gabriel Serrano, with Aeroservicios USA, who will use…
DetailsNew exclusive listing! 14.6 commercial acres for sale located at 601 NW 3rd Avenue in Florida City, Florida. The site is on Krome Avenue (US Highway 27) just off of Highway US 1 and the Florida Turnpike. This commercial development opportunity is ideal for retail, office, mixed-use, entertainment and more! Neighbors include Walmart, Home Depot,…
DetailsFlorida International University (FIU) hosted its Spring 2018 Real Estate Speaker Series on May 15th, 2018. This time, it focused on the state of the Industrial Real Estate in Miami and career advice for starting in commercial real estate. The panel was moderated by Professor Suzanne Hollander. Ed Redlich and Edison Vasquez from ComReal participated…
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