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Miami Industrial Team
Miami Commercial Real Estate and Miami Warehouses
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CRE News

Apr172018

Miami Industrial Real Estate Market Report First Quarter 2018

By Edward RedlichApril 17, 2018

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…

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Mar302018

Gratigny Warehouse in Miami Leased

By Edward RedlichMarch 30, 2018

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…

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Jan222018
miami logistics

Miami Industrial Real Estate Market Report for the Year End 2017

By Edward RedlichJanuary 22, 2018

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…

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Dec22017
southeast frozen foods miami warehouse

Miami Freezer Warehouse for Sale

By Edward RedlichDecember 2, 2017

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…

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Nov152017
warehouse in doral florida turnpike

Florida Turnpike Logistics Center Warehouse in Doral Leased

By Edward RedlichNovember 15, 2017

  Leased! The ComReal Miami-Doral Industrial Team is pleased to announce that they have successfully leased the Turnpike Logistics Center located at 3450 NW 115th Avenue in Doral, Florida. The warehouse measures 87,531 sq. ft. and was 100% leased to a single tenant. The lease value was about $3.5M. The…

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