Sunday, March 29, 2009

Miami Warehouse Deals in 2008


ComReal Miami's Industrial Division led by Ed Redlich, SIOR, CCIM was ranked by CoStar for having successfully completed two of the largest deals in 2008. Ranked 3rd for the $21,000,000 purchase acquisition of 17 acres by Costex Corporation. A 300,000 sq. ft. Class A Miami warehouse distribution facility will be constructed in 2009.

ComReal's Ed Redlich and Chris Spear were ranked 4th for the largest Miami warehouse lease deal. Innovative Stone based in New York expanded into the Miami commercial real estate market by leasing Winn-Dixie's former 103,000 sq. ft. Hialeah warehouse space.

Below are the Top 10 largest Miami warehouse lease deals in 2008 according to CoStar. (For the entire report, CLICK HERE or go to www.edwardredlich.com/news&press.htm).

For more info on warehouses in Miami's industrial real estate market, please contact Ed Redlich at 786-433-2379 or eredlich@comreal.com

Rank - Company Name - Size in sq. ft.
1. Pricesmart. 126,767
2. Countywide of Miami, Inc. 121,979
3. B America Corporation. 118,897
4. Innovative Stone. 103,000
5. Schenker, Inc. 100,800
6. Deal Tire and Wheel. 85,300
7. Ingram Micro Inc. 80,000
8. Miami International Freight. 75,000
9. International Cargo Terminals. 65,000
10. Shipco. 65,000

1 comment:

Edward Redlich said...

Next week, you will be able to view the First Quarter of 2009 Market Report for Miami industrial real estate on this Blog or directly at www.edwardredlich.com