ComReal - Miami Commercial Real Estate

07/04/2022

Happy Independence Day!

04/28/2022

Office demand in Miami is benefiting from recent growth in the area’s office-using employment sectors. Annual rent growth in 4- & 5-Star assets is 6.1% and driving recent gains, though asking rents are up in all building quality sectors.

Employment is well above pre-pandemic levels in both the professional and business services and financial activities sectors, meaning that more companies may be looking for space in the coming months.

Read more about how the Miami metro office and retail real estate market is doing on our website, comreal.com/news-blog/

04/26/2022

Point 95 Logistics Center: Cooler/Freezer Space for Lease!

-110,850 SF currently available (inclusive of +/- 11,940 SF of Office)
-Ability to expand refrigerated area to up to +/-98,910 SF
-Potential for customized cold storage buildout
-30’ clear height
-Equidistant to both Miami and Broward major ports and airports
-Immediate access to I-95 for north-south travel
-Extra trailer parking available
-Ideal for 3PL cold storage providers, grocers, perishables, or meal
prep providers

For more information & lease rate, please contact Chris Spear at [email protected] or [email protected].

04/21/2022

Industrial property for sale in Florida City!

+/-14,415 SF Building
+/-1,500 SF of Showroom/Office
1 Dock
2 Street level doors
Fenced outside storage
No columns in the warehouse
Many commercial operations allowed under C-2 zoning
Tenant occupied

Distances:
Turnpike: Less than a mile
US1: Less than a mile
Miami International Airport: 34 Miles
Florida Keys: 28 Miles

Please contact:
Chris Spear
[email protected]

Ed Redlich
[email protected]

04/19/2022

Medley Outdoor Storage for Lease!

2,097 SF office/warehouse on 1.24 acres
Ideal uses: truck parking, equipment storage

Distance to:
US 27: 0.4 miles
FL Turnpike: 2.3 miles
826 Expressway: 2.0 miles

Inquire for lease rate.
Pat McBride, Esq.
[email protected]

Chris Spear, CCIM
[email protected]

04/14/2022

ComReal can provide powerful results in marketing your property on a local, national, and international scale. Through our digital / online marketing department, we will target your property toward a worldwide audience.

Find out more about ComReal's commercial and industrial real estate business. Email [email protected], or visit comreal.com.

04/12/2022

Our Q1 2022 Coral Gables Office & Retail Market Reports are live on our site.

Despite a dip in overall economic activity, the office sector has done quite well. Employment is well above pre-pandemic levels in both the professional and business services and financial activities sectors, meaning that more companies may be looking for space in the coming months.

In retail, the average market sales pricing of $420/SF is above the metro’s pre-pandemic peak. Even older, well-leased buildings are seeing significant price appreciation. The 12-month sales volume for the Miami retail market is $ 2,373,047,070 at a 181.6% 12-month sale volume growth and a 5.4% market cap rate. Well leased assets are selling for a premium compared to the metro’s average.

Read more here.
https://comreal.com/q1-2022-coral-gables-office-retail-market-reports/

04/07/2022

Our Q1 2022 Industrial Market Report is live on our site.

The industrial market in South Florida continues to attract users and investors from across the country and the world. The influx of new buyers has created bidding wars for quality industrial properties. There are still billions of dollars of capital looking to make investments in the area. Investors see the barriers to entry, limitation of land, and the strong population growth as opportunities to buy industrial properties with the potential for high rental growth and future appreciation. The recent rise in interest rates and inflation present challenges for the quarters ahead. However, industrial real estate in South Florida is one of the best places in the country to outrun the inflation.

Read more on ComReal.com.
https://comreal.com/q1-2022-miami-industrial-market-report/

The Miami industrial market’s Q1 2022 vacancy rate is a decade low 2.7% with a $15.99 per sq. ft. average (gross) lease rate at the close of the quarter. Year-over-year rent growth is up to 18.3% in the industrial market, far above the national average and is outperforming the metro’s five-year ...

04/05/2022

Industrial Property for Sale or Lease!

Unique freestanding building on oversized lot.
+/-11,620 SF building, with +/- 700 SF of office, on
+/- 38,994 SF (+/- 0.90 Acres).

Heavy electrical power, 3-phase, plus installation
done with transfer switch ready for backup
generator. Existing cranes could be available. This
building offers a rare opportunity to acquire an asset
in a changing and growing area.

Contact:
Edison Vasquez
[email protected]

Chris Spear
[email protected]

03/31/2022

Development site in Opportunity Zone Available!

Property address: 9501 SW 175th Ter
Palmetto Bay, FL 33157

Property features:
Paved road frontage
Utilities to site
One block East of US1
Liberal zoning - many uses
Adjacent to park
In Opportunity Zone

Please contact one of our ComReal Industrial Team Brokers:
Edison Vasquez, CCIM
[email protected]

Pat McBride, Esq.
[email protected]

Chris Spear, CCIM
[email protected]

03/29/2022

Class A office spaces located in Americas’ Gateway Park, inside the City of Doral available for lease.

The City of Doral is home to the Miami Herald, Carnival Cruise Lines, and US Southern Command. The adjacent neighbor to this building is WFOR-TV CBS. These offices are just a few minutes away from Florida’s Turnpike, Dolphin and Palmetto Expressways, and Miami International Airport.

For more information and lease rate, please contact:
Edison Vasquez
[email protected]
or
Michaela Senior
[email protected]

03/24/2022

Freestanding building available for lease!

Great +/- 32,700 SF freestanding building with convenient parking and heavy power.
Excellent location with great access to I-95, the Palmetto Expressway and Gratigny Expressway.
The adjacent land is available separately.

Please contact:
Edison Vasquez
[email protected]

Pat McBride
[email protected]

Michaela Senior
[email protected]