Ameriworld Enterprises is an organization dedicated to assisting foreign in establishing their own operation in the United States for the direct sale and distribution of their products.  Its services minimize the initial and on-going investment required to start their operation and provide the know-how and the structure required to ensure a successful venture. Ameriworld also has as clients already established companies that decided to outsource their operation as a way to reduce their overhead while freeing up time to fuel growth.  Companies with seasonal sales can turn their fixed overhead into a variable cost, while adapting the size of their operation to the seasonality of their sales.

Ameriworld services encompass office space, handling the import and warehousing of inventories, processing client’s orders, shipping, invoicing, collecting and depositing funds at their bank, and bookkeeping of the complete operation. Ameriworld also provides technical service in the United States and Canada with more than 450 point of service. Below is their contact info. Please feel free to tell them that ComReal sent you.

Contact: Mr. Julian Rubio

Address: 3325 N.W. 70th Avenue, Miami, FL 33122

Phone: (305) 777-0548

Website: www.ameriworld.com

The subject property had been available for lease for several months prior to its availability for sale. Recognizing its great value, ComReal assisted Monaco Foods with the negotiations on the building, which was then placed under contract within a few weeks. At a total size of 75,526 sq. ft. it’s one of the largest sales to an owner-user in Miami-Dade County so far this year. Additionally, this was one the last few large warehouses, above 50,000 sq. ft., available for purchase by an owner-user.

The property is located within the Sunshine State Industrial Park off of the Golden Glades highway interchange, where I-95, Florida’s Turnpike, Palmetto Expressway (SR-826) and US-441 meet; making this location ideal for distribution. The building was originally constructed in 1981 and formally occupied by the company Bullet Line. The seller was Keystone Florida Development, LLC., affiliated with The Pugliese Company based in Delray Beach. Cushman and Wakefield of Florida represented the Seller.

“This transaction shows the great strength of Miami’s industrial real estate market.” states Vasquez. “The vacancy rate has been declining during the last two years and currently sits at 6.4%. This is down from 9.9% in 2010 and below the national average of 8.6%. The total Miami Industrial Real Estate Market size is about 230 million square feet. The North Miami/Sunshine State sub-market is about 31 million square feet and has a vacancy rate of 6.1%.”

Monaco Foods specializes in marketing and distribution of premium quality food products throughout the American continent (north, central and south) and the Caribbean.  Its business was expanding significantly and saw Miami as an opportune destination to relocate its business. Monaco Foods will transition from their current 22,000 sq. ft. warehouse in Pompano Beach to the new location in Miami. Learn more about them at www.MonacoFoods.com.

For more information on this transaction and for market information on the industrial real estate market in Miami, contact the ComReal Industrial Team at 786-433-2380.

Although the past three quarters have been very poor, there were three positive signs this 3rd quarter. First, overall activity and closed deals have significantly increased. ComReal reports 15 transactions all over 25,000 sq. ft. Secondly, there is only about 200,000 sq. ft. of warehouse space under construction right now which will improve absorption. Thirdly, national and local exports are on the rise partly due to the lower dollar value and higher standards of living across the globe. More exporting means more warehouse space in Miami. These three facts may give indication that Miami’s industrial market has the potential to rebound faster than all other commercial property types. For more information, please feel free to contact us anytime at 786-433-2379 or email. We look forward to the opportunity to discuss your plans for 2010 and beyond.

ComReal’s New Listings on the Market!

The Palmetto Warehouse located at 1401 NW 78th Avenue in Doral. The total size is 82,500 sq. ft. with 15,000 sq. ft. office space. The features include: dock level loading; fully sprinklered; all-concrete construction; heavy electrical power; proximity to Miami International Airport; and frontage on the Palmetto Expressway. For lease for $7.00 psf gross with purchase option. Visit www.WarehouseOnPalmetto.com.

Miami Cooler Warehouse located at 6901 NW 41st Street in Miami. The total size is 15,000 sq. ft. with 1,800 sq. ft. office space. The features include: dock and street-level loading; fully sprinklered; all-concrete construction; heavy electrical power; proximity to Miami International Airport and major expressways. This property is ideal for food, beverage and flower distribution. For sale for $1,800,000 (or $118 psf).

Florida City Warehouse located at 30 NW 12 Street in Florida City near Homestead. The total size is  20,687 sq. ft. with 2,000 sq. ft. office space. The features include: dock and street-level loading; fully sprinklered; all-concrete construction; heavy electrical power; and more. For sale for $2,200,000 (or $ 106 psf).

Warehouse Buildings Sold by ComReal in 3rd Quarter

RE Events of the 3rd Quarter

There were no major industrial real estate events this quarter due to the summer season. However, ComReal will be  reporting on the following events in our year end report.

November 4th
Air and Sea Cargo of the Americas 2009
Miami, Florida, USA

October 29th
The SIOR World Conference
Toronto, Canada

October 16th
CCIM Success Series 2009
Honolulu, Oahu, Hawaii

ComReal News!!!

ComReal radio ad – just released! Be one of the first to hear it and be guided to a new website for www.ComRealWarehouses.com. There you will find more information the ComReal Miami warehouse market. This ad will air regularly on 880 AM The Biz Radio during The Neal Asbury Show every Friday from 5 to 6 PM. Checkout the website on his show at www.TheNealAsburyShow.com which discusses the topics of international trade, manufacturing, import/exporting, and more.  Click here to Listen >>>

Costex was attempting to locate a suitable property for the last couple of years, but was unable to find a property with both highway exposure and large enough to support their future expansion needs. ComReal worked with the Costex principals, Gilberto & Teresa Uribe, in the past when they purchased their existing, smaller facility nearby and their 50,000 sq. ft. expansion to Dallas, Texas. Their previous experience with ComReal gave the Uribe’s the confidence and to work with Mr. Redlich once again. The Uribe’s were looking for a minimum of 200,000 Square Feet that was ready for occupancy. But, due to Miami’s tight industrial market they decided to purchase the former Farm Stores distribution warehouse. The Uribe’s plan to keep the existing office building on the site and then custom-build an additional 180,000 square feet of distribution warehouse on the site.

Costex Corporation’s current distribution center in Miami, Florida houses one of the largest inventories of new replacement parts for construction equipment in the United States. With over 160,000 square feet of warehouse space, this facility stocks a complete line of parts including: nuts and bolts to undercarriage systems. Costex’s state-of-the-art inventory management control system assures customer orders are shipped promptly and accurately.

Since its creation in 1980, Costex Tractor Parts overcame many obstacles and challenges before reaching its current level of success and recognition. In the early 80’s, the company started as a small export office specializing in sourcing and selling replacement parts for various heavy equipment. During the late 80s, Costex started to stock the complete range of parts from worldwide quality manufacturers. Finally, in the late 90s, Costex shifted towards manufacturing, and introduced the CTP brand. Through its 25 years in existence, Costex Corporation always maintained the same vision: Supplying the best quality parts at the best value.

Update July 2018 – Congratulations again to our friends with Costex Corporation on the new construction of their 380,000 sq. ft. warehouse located at 5900 NW 74th Avenue, Miami.

Costex Warehouse at 5900 NW 74 Avenue, Miami.