Monday, May 26, 2008

Airport International Center Warehouses in Miami


Airport International Center (AIC) is a 180,000 sq. ft. warehouse complex that ComReal leases and manages. It is located at 6100 NW 74 Avenue in Miami right on the Palmetto Expressway. Please visit www.airportinternationalcenter.com.

I thought this blog on AIC might be helpful to someone who may be interested in leasing warehouse space in Miami. ComReal represents the landlord.

We are currently working with a prospect in the cooling systems & generator business. They are interested Unit #6134. The unit is 4,500 sq. ft. There is only one restroom and has no office built out. Our lowest bid estimate for +/-400 sq. ft. of office space built out came in well over $20,000 plus the A&E fees were almost $3,000. Here is the construction & office build-out timeline:

2 WEEKS FOR DRAWINGS
2 WEEKS FOR PERMITTING
5 WEEKS FOR CONSTRUCTION
2 WEEKS FOR DELAYS
11 WEEKS TOTAL

Recently, we have executed leases with the following businesses: toy manufacturer from Spain and Hong Kong; automobile exporter to Peru; pet supply company from Central America; and a couple of contractors from out-of-state, both have contracts for highway construction & service.

Pet’s Area Codes is one of our newest tenants. You can see their website at www.petsmarketcr.com

Please feel free to post your comments and questions for anything about Miami commercial real estate. You may also visit my website at www.edwardredlich.com