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.
456,000 SF Retail And Industrial Project Planned For Doral
Terra and Terranova Corp. are planning to build a mixed-use commercial project on a nearly 24-acre site in Doral. The two developers are aiming to present their proposal for District 79, an industrial and retail development at 7777 Northwest 41st Street, to the commission by the summer, a spokesperson for Terra said. David Martin, co-founder and president of Terra, said the joint venture is planning for the future and betting on the area’s strong industrial…
Report: South Florida Industrial Construction To Decline In 2019
The industrial construction boom in Miami-Dade is waning and development of new warehouses will take a dip in 2019, according to the Commercial Industrial Association of South Florida’s Annual Industrial Market Report. While rental rates increased slightly in 2018, the cost of land acquisitions and industrial construction is becoming too expensive for developers to consider new projects. Rezoning of industrial properties into retail and office uses is also limiting development. “A decline in new construction is expected because…
Lee & Associates South Florida Announces Sale Of Industrial Investment Property in Hollywood, FL
Lee & Associates South Florida, the largest agent-owned national commercial real estate firms that has recently expanded into South Florida, proudly announces the closing of a freestanding industrial investment property located at 6241 Pembroke Road in Hollywood, FL. Lee & Associates South Florida Senior Vice President Ivelisse Meneses represented the buyer, YESYM, LLC, for its second purchase in recent months in this submarket. Brokers, LLC represented the Seller, Figura Perfecta Corp. 6241 Pembroke Rd is located in…
Is A Disruption In CRE Finance In The Forecast For 2019?
The current economic upswing will officially celebrate its 10th anniversary in the first quarter, which is prompting some in the commercial real estate industry to take a hard look at where the economy and finance might be headed. A new report written by CCIM Economist K.C. Conway suggests that there could very well be a disruption ahead in commercial real estate finance—even if it’s a minor one—within the next 6 to 18 months. The results…
On Ice For 40 Years, Miami-Dade Cold Storage Warehouse Trades For $18.8M
In the healthy Miami-Dade County industrial real estate market rife with transactions, the $18.8 million sale of a cold storage warehouse might not seem notable. But wait until you hear more about the facility. The indoor space at the 231,686-square-foot warehouse at 18770 NE Sixth Ave. in North Miami-Dade has been kept frozen for the past 40 years, including during and immediately after hurricanes. “It is a unique thing,” said Dan McCawley, one of the attorneys…