Thursday, July 30, 2009

Distributor seeks to 50,000 to 75,000 sq. ft. Warehouse in Miami or Broward

Distributor is Seeking the following...

Warehouse for Lease and/or Purchase
Facility size: 50,000 to 75,000 sq. ft.
Office/Showroom: +/- 5,000 sq. ft.
Location: Miami-Dade or Broward County
Loading: Dock height
Class: Class A or B
Use: Distribution/Warehouse
Ceilings: 22’ +
Closing: 4Q 2009 or 1Q 2010
Other: Extra yard space is a bonus!

Please Note: If your Property is already listed on the market with a co-operating broker, please disregard this email as we are already aware.

Edward J. Redlich, SIOR, CCIM Vice President
8725 NW 18th Terrace, Suite 105 Miami, FL 33172
T 786-433-2379 F 305-591-9704 O 305-591-3044 X112

Wednesday, July 22, 2009

SIOR Florida Chapter Website

Dear Brokers,

The SIOR Florida Chapter introduces….

One of the goals for the Chapter this year was to have a fully functional and interactive website. Thanks to the folks at ComReal Miami, Steve Smith, SIOR , Ed Redlich, SIOR and a very special thanks to Carolina Kowalski, ComReal’s Director of Marketing and IT for making this happen.

Some of the features include:

Online Chapter Dues payment via PayPal

Sponsorship Page with links to their respective website

University Grant Information…check out the letters from this years recipents.

Chapter News.

This is a huge accomplishment for the Chapter and it would not be possible had it not been for the generosity and commitment by Steve, Ed and Carolina at ComReal Miami. Please make sure you reach out and thank them for there dedication to the Chapter…

Jeff Graham, SIOR

SIOR Florida Chapter President

Sunday, July 19, 2009

Doral warehouse space leased to ACS

ComReal Miami's industrial team assisted Absolute Computer Solution (ACS) with its Doral warehouse space leased at 8939 NW 23rd Street. The Doral warehouse space is 9,940 sq. ft. and is located in Americas' Gateway Park in Doral, Florida. In the 1980's ComReal developed the 136-acre Americas’ Gateway Park which is now over 2,000,000 square feet of commercial, industrial and office buildings. ComReal is still headquartered there today amongst their old customer’s Doral warehouses.

Absolute Computer Solutions sought to relocate from their warehouse space in South Miami to a space where they could better serve their customers. Chris Spear and Ed Redlich were able to assist them in securing a long term lease and achieved a lease rate about 35% less than the asking rate just a short period ago. For more information on ACS, visit

For more information please contact Christopher Spear or Edward Redlich at 305-591-3044 or

Friday, July 10, 2009

CIASF: America’s Anti-Trade Policies

CIASF Luncheon Event

Topic: “America’s Anti-Trade Policies”

Sponsor: The ComReal Companies in Miami

Date: July 10th , 2009

Location: Flagler Station Business Park in Medley, FL

Good afternoon everyone! My name is Edward Redlich and I’m with The ComReal Companies of Miami. This year, The ComReal Companies celebrate its 30th year in South Florida’s commercial real estate market. ComReal continues to be a proud sponsor of this organization. Although we have invested in a few minutes to speak today about our company, I’d much rather allot my time to introduce a gentleman who is going to educate us on a much more important topic. The topic is “America’s anti-trade policies”. Mr. Neal Asbury is both an excellent communicator on the subject and a true visionary. Personally, I believe that he just might be the “Missing Link” between those of us in the commercial real estate profession and the customers that we serve.

Before I give you the background on Mr. Asbury, allow me just a moment to tell you why ComReal and I support the Miami CIASF organization. We do it to promote the commercial real estate industry and for the knowledge. Today, our South Florida industrial real estate market has experienced three quarters of extremely low deal volume. Rental rates and sales prices have fallen between 20% and 40%; or even more. Vacancy is over 10%. We fear the negative trend may continue. However, our industry can flourish once again with the right stimulus. In my opinion, one solution is for America to aggressively promote the liberalization of international free trade. As international trade increases, so does the activity for industrial real estate properties. Perhaps there is no other area of the country where international trade is more important to the CRE industry than right here in South Florida.

Now, let me tell you how I came across Mr. Asbury. Not only am I a deal junkie, but I’m also a news junkie. I discovered Mr. Asbury over a year ago while surfing the internet I came across his blog at

I was instantly impressed by the over 100 articles that he has published on global trade issues. He has also been quoted in newspapers such New York Times and the Wall Street Journal. Mr. Asbury has addressed the United Nations, various universities and numerous trade associations; such as ours today. In addition, he hosts The Neal Asbury Show from Coral Gables which airs live on Fridays from 5 to 6 PM on the radio at 880 AM. The station is affiliated with Bloomberg Radio and CNBC. In just a few hours from now, he will be interviewing US Ambassador John Negroponte. So be sure to tune in this afternoon and you may also grab his flyers on the front desk to learn more.

Not only is Mr. Asbury an expert commentator on the subjects of international trade and manufacturing, but he actually operates his own companies: Legacy Brands and Greenfield World Trade which manufacturers, sells and services American-made products to over 130 countries worldwide. So, when you hear him speak in a moment, please understand that he is not a politician, but a true American entrepreneur.

Before Greenfield World Trade he had founded Asbury WorldWide in 1987 which became the largest American export management company in its segment with twelve distribution centers around the globe. In 1989, he began FAB Asia in the Philippines which was the Asian exclusive fabricator of commercial kitchens for McDonalds and other restaurant chains. For all of his efforts, he has earned several industry awards. He is chairman of the South Florida District Export Council, appointed to serve by the U.S. Secretary of Commerce. He is a member of the International Advisory Committee to the Governor of Florida and a member of the prestigious International Policy Committee of the U.S. Chamber of Commerce in Washington.

Now, when my father got me into this business 15 years ago, he always told me, “Ed, when you want to get something done, give it to someone who is busy”. Neal, I do not where you find the time to get all of these things done, but we sure do appreciate your taking the time from your busy schedule to address our group. Thank you very much. Please welcome Neal Asbury….

Ed Redlich and Neal Asbury

Contact: Edward Redlich of ComReal Miami. 786-433-2379 or visit

Wednesday, July 8, 2009

ComReal welcomes Louise Bendix to our team of Commercial Real Estate Professionals

ComReal is pleased to announce that Louise Bendix has joined ComReal Miami, Inc.
Louise was previously with Suchman Real Estate Co. representing tenants and buyers of commercial properties. She comes to ComReal to focus on the office sector with a focus from Coral Gables south to the Kendall area.

Ms Bendix expertise includes the LEED-AP accreditation through the USGBC and brings expertise to property owners and tenants that are interested in energy conservation, water conservation, waste management and other factors that are important for LEED certification of properties.

Prior to Real Estate Ms Bendix held marketing and sales positions in the furniture industry and has an undergraduate degree in Management Science from Duke University

Monday, July 6, 2009

Doral warehouse building for lease

Now available! 105,000 sq. ft. Doral warehouse building for lease. Class A, business park setting, full sprinklered, heavy power and more. For details, please visit and other info on Doral warehouses.

Ed Redlich
ComReal Companies

ComReal Miami Industrial Report 2Q 2009

ComReal's Mid-Year Report shows that there are major leasing and purchasing opportunities that continue to abound. Expect great deals to be available throughout 2009. So there is no need to rush into something unless the right property presents itself at the right price for your business. The Average Lease Rate has fallen to $7.81 per square foot on a gross basis and the Average Vacancy Rate has risen to 9.4%. In addition, the Beacon Council reports that the Unemployment Rate jumped to 11.5%. The declines in local industries such as retail, construction and international trade have all contributed to the lower demand for warehouse space. ComReal has reported that only in the past 30 days has transaction volume actually started to increase as users just now begin to take advantage of the lower lease rates and purchase prices. There were no large lease transactions in the 1st Quarter, however the 2nd Quarter saw the following deals get done:

·MarJam Supplies 65,000 sq. ft.
·American Fine Foods 64,065 sq. ft.
·Marco Destin 50,000 sq. ft.
·Universal Tire 39,463 sq. ft.
·Air Marine 38,923 sq. ft.
·WK International 35,455 sq. ft.
·Riverdale Farms 32,090 sq. ft.
·Limonada Xpress 16,000 sq. ft.
·Pet's Area Code 13,400 sq. ft.
·Blue Trading 10,667 sq. ft.
·Absolute Computer Solutions 10,000 sq. ft.

New to the Market!

Beacon at 97th Avenue Business Park in Doral now has a 105,000 sq. ft. (divisible) warehouse space available for lease. Beacon 97 consists of several Class A warehouse buildings all within a highly-secured business park.

The 7000 Building of 127,000 sq. ft. has been completely renovated. This single-user building is now listed on the market for both lease and sale. It is one of the few buildings of its large size that is available for purchase. The property is rail-served by FEC Rail and is adjacent to the Miami Int'l. Airport.

CRE Events of the 2nd Quarter

April 26th. CCIM Miami hosted Pedro Garcia, Miami-Dade County Property Appraiser. Mr. Garcia has recently announced that assessments declined by 13%. However, the County and local municipalities have indicated increases in the millage rates, meaning property owners will likely not see a reduction in property taxes this year. Expect to receive your notice just after August 24th. [Read more...]

May 31st. The ComReal Companies celebrated its 30th year in the commercial real estate industry!!! [Read more...]

July 10th. ComReal sponsored the CIASF luncheon with Guest Speaker, Neal Asbury. The topic was "America's Anti-Trade Policies" in which Mr. Asbury delivered a lively lecture on the correlation between Miami's international trade and the industrial real estate industry. Mr. Asbury spoke from much of his own experience running his manufacturing and logistics businesses. He also hosts his own radio show on 880 AM ( and is an expert writer ( [Read more...]

Sources: CoStar, CIASF, SIOR, CCIM, Beacon Council and ComReal

Friday, July 3, 2009

Letter to the NAR Opposing H.R. 2454

July 3, 2009

ATTN: National Association of Realtors
c/o Mr. Austin Perez
via email

Dear Mr. Perez,

As a Realtor, I appreciate all of the NAR's efforts in advocating the real estate industry. I'm actually involved in several Realtor organizations including RCA, SIOR and CCIM. I write you today in regards to the American Clean Energy and Security Act, H.R. 2454, that was passed by the House of Representatives on June 26th. The National Association of Realtors has made some positive changes to this bill especially from the residential perspective. Please keep up the good work. However, if this legislation is passed into law, it would be absolutely disastrous to the commercial real estate industry.

For the past 15 years, I have specialized in Miami's industrial real estate market. My customers are in manufacturing, trucking, distribution, international importing & exporting, etc. Many are struggling as it is right now and some work only four of five days a week to keep operating expenses down. This Act would increase energy expenses to the extreme extent of disabling these industries indefinitely. If their business suffers, the commercial real estate market suffers. The lower the demand for warehouse space, the worse it will be for us commercial Realtors.

In President Obama's own words "Under my plan of a cap and trade system, electricity rates would necessarily skyrocket." In my opinion, our collective industries cannot bear the burden of these increased transportation, fuel and electrical costs in addition to the new taxes from this Act. The higher energy costs and regulations will make Americans less competitive in the global market and jobs will be lost, not gained.

I encourage the NAR to oppose HR 2454 and any other legislation that imposes higher taxation and costs onto American industries. Let's work to promote the liberalization of energy policies which includes lower taxation and energy costs.

Thank you very much for your consideration.

Edward J. Redlich, SIOR, CCIM Vice President
ComReal Miami, Inc. Commercial Real Estate Services
8725 NW 18th Terrace, Suite 105 Miami, FL 33172