Investors still see industrial properties as favorably as they did six months ago, despite global trade tensions and labor shortages. Trade talks between the U.S. and China are looming over the industrial sector. Due to these ongoing trade tensions, retailers are importing larger quantities of products than normal, in an attempt to beat potential hikes in tariffs on goods from China. Barring successful negotiations, the U.S. plans to raise the 10 percent tariff on $200…
Lee & Associates South Florida Announces the Lease of a New Sunrise Location for Flanigan’s Seafood Bar & Grill
MIAMI, FL — April 8, 2019 — Lee & Associates South Florida, the largest agent-owned national commercial real estate firm, proudly announces a 10 year lease to Flanigan’s Seafood Bar & Grill at 14301 W Sunrise Blvd in Sunrise Fl, one block west of Sawgrass Mills Outlet Mall. As South Florida’s favorite seafood chain, this marks Flanigan’s Seafood Bar and Grill’s 24th location. Matt Rotolante, Victor Pastor and Nicole Messer were able to recruit Flanigan’s…
Law Firms Do It. Why Not a Commercial Real Estate Firm?
For those who passed the Bar Exam, it’s a foregone conclusion. If a lawyer works hard enough, is a team player, and brings in their share of business, he’ll make Partner within 5 years. So why do lawyers get offered Partnerships and not Commercial Real Estate Agents? Is it because they passed the Bar exam? Is it because they attended 4 years of Law school? Is it because they make more fees than a Commercial…
Miami Investor Picks Up Industrial Site Next To Florida Turnpike
Investor Peter Greither sold an industrial property next to the Florida Turnpike in Miami to an affiliate of Rodan Property Management for $12.25 million. Greither’s Greither Holdings LC sold the 5.8-acre property at 14121 to 14267 Southwest 119th Avenue. The buyer is Rodan X LLC, which is tied to Alireza Shadravan of Coconut Grove, according to Central Commercial Real Estate. Enrique Jordan of Central Commercial Real Estate represented the seller, while Stephen Hendricks of Southeast Property Management brought the buyer. The deal includes about 121,500 square feet of warehouse space just…
South Florida Continues To Be A ‘Safe Haven For International Investments’
Industry experts and research analysts have been telling Globest.com for some time now about the high demand and strong fundamentals that now exist in the South Florida real estate market. For example, Calum Weaver, executive managing director of Cushman & Wakefield’s capital markets division in South Florida and the leader of its multifamily investment properties team, recently said, “The South Florida multifamily fundamentals are and will continue to remain strong. Population/household growth, lower homeownership rates, higher…
CEOs Agree Tax Breaks Needed To Lure Businesses To Florida
Should the State of Florida and local governments be offering tax breaks and incentives to lure businesses? For answers to that question from prominent South Florida CEOs, CLICK ON THE HEADLINE
Lee & Associates Miami Announces Lease of 22,740 SF Industrial Space at Miami International Tradeport In Medley
Lee & Associates Miami, one of the largest privately owned national real estate firms that has recently expanded into South Florida, proudly announces the lease of an industrial space located at Liberty Property Trust’s Miami International Tradeport at 11430 NW 122nd St, Medley, FL. Lee & Associates Senior Vice President, Ivelisse Pietri, represented the tenant Phoenix Plywood Finishing, LLC, and Peter Sheridan represented Liberty Property Limited Partnership. Ivelisse Pietri had been working with Phoenix since…
Container Ports Singled Out In Federal Spending Bill
It is considered the first such program dedicated specifically to seaports.
Lee & Associates South Florida Announces Nicole Messer as Senior Vice President of Retail Investment Sales & Leasing
Nicole Messer, CCIM is an accomplished 17 year real estate veteran, specializing in the sale and leasing of retail properties throughout South Florida.