South Dade: South Florida’s Frontier for Premier Business and Lifestyle It’s hard to deny the increasingly high rate at which South Florida is exploding in industry and population. With a prime geographic location that is easily accessible from domestic as well as international hubs in Europe, South and Central America,…
For the first time, the average asking gross lease rate for warehouse space in Miami is now above the $10.00 per sq. ft. mark (but, just barely). Strong market forces and higher rents for new buildings have helped make this happen. Landlords will continue to push rates even higher, however…
The Miami Industrial Team at ComReal announces the completion of a long-term lease for the +/-47,500 Sq. Ft. building known as the Gratigny Warehouse at 3360 NW 110th Street in Miami, Florida in Seaboard Industrial Park. Only six months after being sold and having gone through renovations, the building will…
2017 ends with about 1.9M sq. ft. of positive absorption. Over 3.6M sq. ft. of new warehouse space was delivered bringing our total inventory to 240M sq. ft. This being said, the overall vacancy rate slightly decreased to 4.0% and the average lease rate is at an all-time high at…
The Miami Freezer Warehouse is now for sale! This is one of the largest warehouses in Miami now listed on-the-market for sale. The property’s freezers and coolers make it ideal for the perishables industry. However, it could also be great for dry distribution and/or manufacturing. Investors may appreciate that the…
