ComReal Miami Blog

8 Acres Vacant Land with Palmetto Frontage Available For Sale

2012-01-25T12:44:00.002-05:00

BACK ON THE MARKET!! One of the few lots left with frontage on Palmetto Expressway (SR 826). This offering consists of +/- 7.95 Acres on NW 77th Ct, just South of NW 74th ST. Lot is exposed to Palmetto Expressway traffic, with about 250,000 cars per day. This property has a unique IU-3 zoning, Industrial, Heavy Manufacturing. Ideal for Build-to-Suit Construction for Free Standing Warehouse, Single or Multiple Tenants, Equipment Storage, or Industrial Condominium Projects. Lot is fully fenced.

For more information on this vacant land, please contact, Edward Redlich, SIOR, CCIM, 786-433-2379 or, Edison Vasquez 786-433-2383 at ComReal Miami.

Warehouse in Hialeah with frontage on NW 21st ST Available For Sale

2012-01-20T14:20:00.001-05:00

Priced to Sell!!! This unique property offers frontage on W 21st ST, 75-91 W 21st St. The offering consist of two freestanding buildings with a total of +/- 23,500 Sq.Ft. with +/- 3,000 Sq.Ft of office. space. The property offers, 4 street level door, 2 of which are in front of W 21st St. Additionally, the lot in the center of buildings serves great as parking. Ceiling Height on the warehouse is 18' clear. Ideal property for storage and retail exposure. Easy access to all major Highways.

For more information on this property, please contact, Edison Vasquez, Chris Spear or Michael Wheil at ComReal Miami Industrial Team. 786-433-2383

Cooler Warehouse for Perishables Available for Sublease in Doral

2012-01-17T13:36:00.000-05:00

Available for Sublease is +/- 25,000 sq. ft. refrigerated warehouse space for Sub-Lease. Including +/- 5,000 sq. ft. office space; +/- 15,000 sq. ft. cooler warehouse space; and +/- 5,000 sq. ft. non-refrigerated space. Located within Miami International Commerce Center (MICC) in Doral, close to Miami International Airport, Palmetto Expressway and Dolphin Expressway. 5 dock height loading positions plus 1 ramp; fully-sprinklered; 20' ceilings. Warehouse is located at 7974 NW 14^th ST.

For More information and details, contact the Miami Warehouse Team, specialist in Refrigerated Warehouses in Miami, at 786-433-2380.

Bodega - Almacen a la Venta en Doral Westside Industrial Park

2012-01-13T16:15:00.000-05:00

Esta oferta de venta está compuesta de dos bodegas (unidades) en Doral, Westside Industrial Park. Cada espacio consiste de +/- 1,745 pies cuadrados (Sq.Ft.). Estas bodegas son ideales para usos de ensamblaje, fabricación y distribución en general. Cada unidad tiene 1 puerta de carga independiente para un acceso fácil a la carga. Las dos unidades se pueden combinar para un total de +/- 3,400 pies cuadrados (Sq.Ft.).

Estas bodegas están ubicadas a un bloque Este del nuevo edificio de la Ciudad del Doral. 8345 – 8347 NW 54th ST.

Para más información puede contactar al agente especialista en el área, Edison Vasquez a 786-433-2383.

Doral Westside Warehouse FOR SALE

2011-09-14T22:12:00.002-04:00

Doral Westside Warehouse for Sale

+/- 1,745 SF

FOR SALE AT $249,900

Click here to view brochure

www.comrealmiami.com

Miami Commercial Real Estate Services

Airport West Dade Warehouse Available for Sale or Lease

2011-09-01T19:43:00.002-04:00

For Sale $2,500,000 or For Lease: $7.50/SF Gross

+/- 57000 sf Hialeah warehouse FOR SALE

2011-09-01T00:46:00.002-04:00

For sale this +/- 57000 sf Hialeah warehouse sits on nearly two acres and is just minutes from MIA and the Port of Miami. With its +/-2500 sf of office, easy truck access to its 8 dock height doors,18-20ft. high ceilings, heavy electric, and CSX rail accessibility, this location is ideal for public warehousing,logistics providers, manufacturers, wholesalers, and distribution operations.

Great 12,000 SF full-floor office opportunity with signage, ample parking, and designated entrance.

2011-09-01T00:24:00.002-04:00

Great 12,000 SF full-floor office opportunity with signage, ample parking, and designated entrance.

Perfect for school, regional or corporate headquarters, call-center.

Space has high-tech capabilities.

Easy access to and from workforce population centers.

$21.00SF/ MG

For Sale or Lease, Manufacturing Warehouse in Doral, by ComReal Miami

2011-08-04T11:45:00.002-04:00

Available for Sale or Lease is this excellent manufacturing/ repair facility in Doral, located at 9100 NW 58th ST. This +/- 27,000 SF warehouse offers great exposure on NW 58th Street. Property has four, 16' x 17' steel roll up doors; additionally, it has one dock, truck-well that serves all sections of the building. The ceiling height in the warehouse ranges from 18' - 22' clear. It's centrally located, 5 miles from Miami International Airport; between the Palmetto Expressway SR 826 and Florida's Turnpike. The property includes a painting booth already installed and operating. Property can be divided to a minimum of +/- 8,000 SF. Owner will consider a lease with purchase option and/or owner financing. Contact our Miami Warehouse Team at 786-433-2380 for further details on this unique property. Para Español puede contactar a Edison Vasquez al 786-433-2383

Freestanding Warehouse in Doral Available For Sale or Lease, by ComReal Miami

2011-07-27T13:37:00.001-04:00

Miami Warehouse Team presents the ideal Headquarters Building; freestanding warehouse building with frontage to NW 25th ST in Doral. This unique +/- 25,000 Sq. Ft. warehouse building is located right on NW 25th St, on the Finger Lakes. The building has six dock height recessed loading positions (2 Fully recessed and 4 half recessed). Warehouse space is fully air conditioned. The building is located minutes away from Dolphin (SR 836), Palmetto (SR 826) Expressways, Florida Turnpike and Miami International Airport. The building is available For Sale and For Lease. Contact our Miami Warehouse Team at 786-433-2380 for further details on this unique property. Para Español, contactar a Edison Vasquez al 786-433-2383.

Doral Freestanding Warehouse Building For Sale/Lease

2011-06-16T14:29:00.000-04:00

Click HERE to view Full Brochure

For Sale at $3,200,000. Warehouse For Lease at $9.00/SF

Just Reduced! Beacon North Warehouse

2011-05-05T18:01:00.000-04:00

View Brochure

Warehouse Space For Lease or Sale

Miami Warehouse Team

www.comrealmiami.com

Land for Sale at Eastgate Park

2011-05-05T17:51:00.000-04:00

Class A Business Park
14.7 Acres
Foreign Trade Zone Status
Plans for 200,000 sq. ft. Class A Warehouse Spaces in 5 Buildings
Joint Venture, Owner Financing Considered
Right Across from Race Track
Entitlements in Hand
Custom Build-to-Suit Construction Available
Individual Buildings may be Conveyed

View Full Brochure

www.comrealmiami.com

Just Listed! Expressway Warehouse for LEASE

2011-05-03T13:27:00.000-04:00

WAREHOUSE SPACE FOR LEASE IN DORAL

ADJACENT LAND AVAILABLE

www.comrealmiami.com

JUST LISTED! Distribution Facility with Extra Land

2011-05-01T13:59:00.000-04:00

Distribution Facility with Extra Land

The ComReal Miami Warehouse Team

2011-04-29T05:23:00.000-04:00

The ComReal Miami Warehouse Team

For over 30 years, ComReal Miami has specialized in South Florida’s industrial real estate market.

Our team of Warehouse Specialists will assist you with:

Site Selections of Available Properties

Buyer, Tenant and Owner Representation

Acquisition, Dispositions (Sales & Leasing)

Market Analysis

Business Opportunities

ComReal Miami’s Warehouse Team Attends Expo Colombia in Miami

2011-04-19T14:29:00.003-04:00

Businesses from all parts of Colombia made their presence in South Florida on the weekend of April 08^th, 2011 at Expo Colombia Miami. The event took place at Miami Airport Convention Center; this is one of the largest exhibitions in the country to promote Colombia’s economy. This exhibition promoted industries including education, fashion, food and beverages, crafts, health and beauty, and technology. There was also a large number real estate companies promoting different properties in Colombia. ComReal Miami’s Industrial Team, the specialists in warehouses in Miami, attended the opening ceremony and visited the different business present. “This is really a great event to promote Colombia here in the United States; Colombia is one of the main trading partners with South Florida and the numbers of businesses present here supports that presence.” Added Edison Vasquez. Among the participants and organizers, was the Colombian American Chamber of Commerce, whose offices are at Miami Free Zone in Doral. For more information you can check the Expo Colombia Miami brochure, visit the Colombian American Chamber of Commerce or our offices at Miami Free Zone. 786-433-2380.

ComReal Miami Wishes You A Happy and Healthy Passover

2011-04-15T11:00:00.000-04:00

www.follr.me/comreal

Dan Berkovitz joins ComReal Miami

2011-02-14T17:27:00.005-05:00

As reported in the Miami Today on Feb 10, 2011, Dan Berkovitz joins ComReal Miami as an industrial associate. Dan Berkovitz has been with ComReal since July 2010 and brings value to the Miami Warehouse Team.

As the article states, "He was hired because of his leadership experience and logistical knowledge, as he served four years in the Marine Corps in supply/logistics."

For more information on how Dan Berkovitz can help you, call him at 786.433.2098.

or check out his real estate related postings at DanBerkovitz.com

"Miami Logistics Business Opportunity and Warehouses Acquired”

2011-02-14T15:51:00.015-05:00

– by ComBiz Miami’s Michael Weihl and Team

The following story illustrates how ComReal’s ability to synergize their Miami business division with their Miami industrial real estate division successfully facilitated the acquisition of a local logistics and trucking operation by a national company based out of state. The total transaction was valued at more than $4,000,000, involving six different companies and over 200,000 square feet of Miami warehouse space.

Sell Side Story-

A family owned business approached Michael Weihl head of ComBiz, ComReal’s business division, to sell their business and properties. Like many businesses in Miami multiple generations were involved. The company was founded and operated by the son over twenty years ago. He parlayed his knowledge of logistics with his parent’s knowledge in trucking to develop the company into a highly profitable niche in the public warehousing and transportation of commodities. Though successful, the ambitious son knew they had taken the business about as far as they could on their own, and when the parents said they were ready to cash out he was prepared to sell and move on to other projects. Having no idea how to accomplish this he hired ComReal. Mr. Weihl then proceeded to work with the family to prepare them for the transition. First, they did a full analysis of the business, initiating various changes that would add value to prospective acquirers. A full slate of materials and strategies were created to market the business confidentially. He quarterbacked a team of existing and new advisors in manners of legal, tax, retirement, and financial planning to help the family not only develop exit strategies to accomplish their business exit goals, but to meet their personal objectives as well.

Buy Side Story-

Meanwhile in New Jersey another multi generational family owned company had recently sold off the bulk of their logistics business to a large private equity firm from New York, they carved out a smaller piece of the company the Private Equity firm did not

understand and focused on its growth. With the capital and experience of having owned or managed over one million square feet of businesses and property they began seeking real estate and logistics opportunities nationally. One of their targeted areas was Miami. They liked the property market, but were less sure about its potential for their logistics operations. They turned to the ComReal Miami industrial team to find them large blocks of industrial property. The team led by Edward Redlich and Christopher Spear introduced them to various opportunities in real estate. During the course of their engagement they mentioned their merger and acquisitions specialist had a Miami logistics company for sale and introductions were made. The local company was presented as a way for them to ease into the Miami market through the purchase of a profitable niche business rather than starting from scratch. They agreed, after all of the non-disclosure agreements were signed they were presented with a seller’s memorandum. Encouraged by what they reviewed further deliberations were requested.

The Merger-

Thus began a yearlong process of courtship and negotiating. With the multiple advisors and company entities involved the deal often felt like a mid season NBA trade. But even facing economical, geographical and some cultural differences, ComReal’s implementation of a professional and well thought out transfer strategy combined with the mutual respect between the two principals, culminated in a successful transaction.

For the Miami Company, the sale of the business created enough cash to accomplish the parent’s retirement goals. The deal was structured so that the son retained a portion of ownership in the newly formed joint venture, with the proceeds of the sale he now has the option of staying with the company and being a part of its further expansion (within two months of the sale they have already opened a 100,000 sq. ft. warehouse in New Jersey and suppliers are requesting additional locations) moving on to another venture in a different field, or just taking a step back for a few years. His retained ownership stake in his rapidly growing company will allow him to take the proverbially second bite of the apple as the value of the business continues to rise.

For the out of state firm they now have an operating partner to impart his knowledge to their team during the company’s national growth expansion. In addition they now have a foothold in the Miami market from which they can utilize their capital to seek further opportunities in both the logistics business and their real estate portfolio.

ComReal looks forward to solving company’s business and real estate issues utilizing their ability to apply multiple perspectives and expertise. For more information on other Miami business opportunities visit www.ComBizMiami.com and visit www.MiamiWarehouseTeam.com for Miami warehouses for lease and/or sale.

Michael Weihl

Senior Associate

ComBiz Miami

T 786-433-2503

mweihl@comreal.com

Mergers and Acquisitions

Advantages to hiring a professional Tenant Representative

2010-11-09T14:31:00.003-05:00

When a tenant “hires” an Exclusive Tenant Representative, they are hiring a professional, whose sole interest is to find the best location, considering all variables, to conduct their business. A Tenant does not compensate their Tenant Representative. The compensation always comes from the Landlord in form of a negotiated commission.

When a prospective Tenant “goes at it alone”, or uses a myriad of Real Estate Professionals to “just look”, they are always at the mercy of the Landlord and the information that the Landlord is offering. Landlords are looking out for their best interest. There is not a professional looking out solely for the Tenants best interest.

In the State of Florida, unless an exclusive representation agreement is signed, Real Estate agents are considered “Transaction Brokers”. That means their fiduciary responsibility is not the landlord or to the prospective tenant but to the Transaction. A Transaction broker has done his/her job when the transaction closes. The Exclusive Tenant Representative has only completed their job when the Tenant is completely satisfied and signs a lease.

How would a prospective tenant really know what market rent is until they enter into negotiations for several different properties? How would a prospective tenant know what a Landlord is really willing to offer as far as Tenant improvements unless there is market knowledge of what the competition is doing?

For more information on how a Tenant Representative can help you find a new office or to see if renewing your current lease in existing space is the best alternative, please call or e-mail me today.

LOUISE BENDIX,LEED-AP | Office Leasing Specialist
ComReal Miami, Inc.|Commercial Real Estate Services
366 Altara Ave., Suite 102 | Coral Gables, FL 33146
lbendix@comreal.com www.LouiseBendix.com
786-433-2376 |

"ComReal is Commercial Real Estate"

ComReal Miami attends the 14th Annual Americas Food and Beverage Show

2010-11-02T11:57:00.009-04:00

The morning of Tuesday October 26^th, 2010 was a morning meant for making deals. Manufacturing companies were looking for distributors or supermarket chains to distribute their products to and logistic companies were looking for new business partners to help move freight from one location to another.

It seemed like everyone was abuzz with the overwhelming amount of companies that had set up shop at the show; everyone seemed ecstatic whether it was to do business or whether it was to try out some new food. I’m glad I went to the 14^th Americas Food and Beverage Show that was held in the Miami Beach Convention Center.

I bumped into quite a few companies that worked with cold storage, had cooler space, logistic companies, port logistics, freight forwarders, distribution companies, importers, exporters, wholesalers, etc. A few of the companies that I spoke to had international supply routes. Some just had routes to Latin America/South America, the Caribbean and the surrounding area, England and other parts of Europe, etc. Only the larger companies that worked with the ‘Americas’ had routes that extended to Asian countries such as Malaysia and Thailand. Most of these organizations were looking to find warehouses in South Florida.

As an industrial broker, and working with the industrial team, which specializes in warehouse space in the Miami Airport West submarket, such as Doral and Medley, we’re able to help companies move into suitable warehouse space or to find someone to lease or buy their warehouse space. In addition to warehouse space, ComReal Miami is able to help these companies move into suitable office space if they so desire.

There were quite a few import export governmental trade associations in attendance too in order to promote trade with their member companies. Such organizations include is the Southern United States Trade Association – SUSTA, and The Department of Export Promotion, just to name a few.

There were also a couple of seminars that I was in attendance to. Here’s a brief list of some of the seminars: Negotiating Effectively with the Right Business Partners While Protecting Your Trademarks, Complying with U.S. Import Requirements to Keep Costs Low & Efficiencies High, Hispanic Shopper and Retailer Study, The Kosher Marketplace: How This Growing Market Can Increase Sales and Attract Customers, Using Export Marketing Resources to Sell Your Product Overseas, etc.

Overall, I would give a very positive review for this event. If you’re interested in similar types of trade events, or need some insight on the industrial market, please email me, Dan Berkovitz, at dberkovitz@comreal.com. If you are in need of a great team that will take care of your warehouse needs, please dial our office number at (305) 591-3044 and any one of our industrial specialist’s will be able to help you with your needs.

www.ComRealMiami.com|www.DanBerkovitz.com

Social Networking: http://rlty.me/DanBerkovitz

"ComReal is Commercial Real Estate"

Miami Real Estate MEGA Networker event

2010-10-27T11:31:00.005-04:00

Dan Berkovitz, industrial associate for ComReal Miami, is hosting a Real Estate MEGA Networker through REAAC, the Real Estate Alumni Affinity Council of FIU.

The Real Estate Alumni Mega Happy Hour Networker's participating organizations include the FIU Alumni Association, UM School of Architecture, the UF Friends & Alumni of Real Estate, South Florida FSU Real Estate Network. We are also partnering up this event with Fabulous Miami and Tarpon Bend who is our gracious host for the evening!!

The event will be held at Tarpon Bend, 65 Miracle Mile, Coral Gables, 33134 on Tuesday, November 9th, 2010 from 6pm to 8pm.

Each guest will receive a complimentary drink ticket. Limited hors d'œuvre's will be served as well. Tarpon Bend is also being gracious to us and giving us 'happy hour' prices too.

* This event if FREE to all alumni members that have alumni membership ID cards. If a non-member, there will be a $5 charge for entry to be paid at the door in cash. We encourage everyone and anyone to attend including faculty, adjuncts, staff, alumni, industry people, allied professions, and interested community individuals.

** RSVP (officially) here: This will allow you to have a name badge printed for yourself.

This will definitely be a great event and I look forward to seeing everyone there. If you have any questions or comments, don't hesitate to contact me at dan.berkovitz@fiu.edu. Thanks again!

P.S. The event is also on facebook here.

Best regards,

Dan Berkovitz, President

Real Estate Alumni Affinity Council

Kilzi Carpet Completes the Sale of its Warehouse in Miami

2010-10-05T08:45:00.004-04:00

ComReal’s Miami Warehouse Team completed the sale of Kilzi Carpet warehouse located at 7531 NW 54^th ST to A1 All Florida Painting. This property has +/- 5,700SF of warehouse space with +/- 600SF of office space and sits on a 10,457SF lot. Kilzi Carpet was represented by ComReal’s Warehouse Team, Ed Redlich SIOR CCIM, Chris Spear and Edison Vasquez. “This is certainly at unique property and a great value for the new owner; free standing buildings of this size are limited in Miami-Dade” commented Edison Vasquez. This exceptional property was for sold for $413,000, ($72/SF). “Our extensive market knowledge combined with our marketing tools, assisted Kilzi Carpet to achieve a successful sale of its warehouse in Miami; we were happy to assist the ownership during this process” added Ed Redlich SIOR CCIM.

For additional details on this sale and for information on other properties available, contact the Miami Warehouse Team at 786-433-2380.

Industrial Site Available For Lease

2010-09-27T08:15:00.001-04:00

Available For Lease is this +/- 1 Acre lot located at 8322 NW 64^th St. This industrial site has a heavy industrial zoning, IU-3, making it ideal for most industrial uses. Additionally, this lot has utilities on site; it's filled and is partially paved. The site is located less than two miles from Palmetto Expressway SR-826, a perfect location for the storage or trucks, trailers or other heavy equipment. Contact our Miami Warehouse Team at 786-433-2380 for further details on this unique property.

2010-09-02T14:11:00.003-04:00

The Cost of Sustainability: Real World Data

Some facts revealed:
• Energy consumption in commercial office buildings exceeds transportation.
• Since energy costs are such a significant part of operating costs, reductions in usage has a recognizable impact on NOI.
• Energy consumption measurements are becoming a bigger factor in determining building values in California.
• The School District of Palm Beach County built the first LEED Gold-certified K-12 school in Florida. Pine Jog Elementary now serves as an efficiency model in the county's facility management decisions because of its measurable success.
• Incorporating green management practices is becoming more the norm since sustainability applies to environment and economics.
• Educating tenants and end users is key to a successful sustainability plan.

LOUISE BENDIX,LEED-AP | Office Leasing Speicalist
ComReal Miami, Inc.|Commercial Real Estate Services
366 Altara Ave., Suite 102 | Coral Gables, FL 33146
T 786-433-2376 | F 888-316-6818 |Join my Network
lbendix@comreal.com

Networking with Social Media Presentation at CREW Miami lunch

2010-09-01T11:21:00.009-04:00

CREW Miami hosted a very informative luncheon event yesterday on Social Media Networking. Adam Japko, of Digital Sherpa, explained the goals of a Social Networking Marketing compaign, the benefits, and the power of a successful Social Networking Campaign. The Goals are to:
- Increase Google Rank meaning, when someone Googles a generic phrase like "Commercial Real Estate lenders in Miami" and you want your web-site to come up on the first page, you would definately be interested in increasing your Google rank.
- Grow WEB traffic meaning you want more people clicking on your web-site, reading your content, and ultimately paying for your products or services.
- Build community and engagement. Ultimately you want to be known as the expert in your field and the community in which would utilize your services.
- Drive leads & refferals. When you are known as the expert in your field leads and referrals will follow.

Peter Zalewski, a principal with the consulting firm Condo Vultures® LLC, contributed with his personal success story of building his brand Condo Vultures solely through his WEB presence.

Both re-iterated that everything that is posted will be there forever on the Web. Think twice before posting anything you might regret. Do you need proof? Go to http://WaybackMachine.org

80 hours a month to keep up with this? Happy tweeting and blogging!

LOUISE BENDIX,LEED-AP | Office Leasing Specialist
ComReal Miami, Inc.|Commercial Real Estate Services
366 Altara Ave., Suite 102 | Coral Gables, FL 33146
T 786-433-2376 | F 888-316-6818 |Join my Network
lbendix@comreal.com |

"ComReal is Commercial Real Estate"

Louise Bendix closes another Coral Gables office lease deal

2010-08-09T14:17:00.009-04:00

Louise Bendix, the landlord representative for 262 Almeria Ave. in Coral Gables, has found a tenant for her clients first floor space. The tenant will be moving in October 1, 2010 and is looking forward to moving into the Gables area from Coconut Grove. The lease is for 3 years. Another fully leased building!

ComReal Miami and the Miami Association of Realtors

2010-08-07T11:22:00.005-04:00

ComReal Miami commercial real estate services is proud to be members of the newly-named Miami Association of Realtors (MAR). MAR is now the largest Realtor organization in the world with over 23,000 Realtors. The former REALTOR Association of Greater Miami and the Beaches (RAMB) and the REALTOR Association of Miami-Dade County (RAMDC) have merged to become the Miami Association of Realtors (MAR). Visit their website at www.Miamire.com.

In other news, Ed Redlich, Vice-President of ComReal Miami, was named as Director for the Miami Realtor Commercial Alliance (RCA) along with his fellow Miami commercial real estate brokers.

For more information on The ComReal Companies, please visit www.comrealmiami.com or call 305-591-3044.

ComReal Miami, Inc. is closing office deals

2010-06-09T13:10:00.005-04:00

Louise Bendix, LEED®-AP, of ComReal Miami has been busy closing office deals in Miami Dade County. The deals range widely in square footage and lease term but the increased activity is a testament to the fact that tenants and buyers are looking for alternatives and landlords are not settling for vacant space.

The most recent lease transaction is for approximately 7,000 square feet in the Data Access building in Deerwood Office Park by tenant Noven Pharmaceuticals. Data Access currently leases 5,000 of an approximate 12,000 square foot second floor and Noven is currently moving administrative personnel into the remaining 7,000 square feet. Noven’s Corporate Headquarters are currently around the corner from this building so it was an easy expansion for them. They were not only excited about the close proximity to their core business but also to the upgraded technology available in the Data Access building. The Data access building is provisioned with T1 data technology and has photo-optics cable wired to the building. ComReal signed on Enterprise Rent-a-car as a tenant in the building on the first floor 2 years ago. The landlord is very satisfied that his building is completely leased for the time being.

Great Warehouse for Light Distribution in Doral at Village West; For Sale

2010-06-03T09:58:00.004-04:00

A unique property in the prestigious Village West Industrial Park. This +/- 5,000 SF warehouse unit is perfect for the small distribution and/or light manufacturing. It has +/- 4,200 SF of Warehouse space with +/- 800 of Office space, located in two floors. This end unit has 1 recess dock and 1 recess ramp for easy loading and unloading of cargo. This property is centrally located less than two miles from SR 826, SR 836 and minutes from Florida Turnpike. Available For Sale at $775,000.

Contact the Miami Warehouse Team for more information: 786-433-2380

Just Listed, Doral Warehouse Distribution For Lease; Extra Yard Space

2010-06-03T09:47:00.005-04:00

Excellent Location in Doral. This +/- 28,500 warehouse is located on one of the best neighborhood in Doral, 2 minutes to SR 826 and only 5 minutes from Miami International Airport. The property has +/- 21,000 fully sprinkled Warehouse Space, +/- 7,500 of office space and sits on a fully fenced site of +/- 1.55 Acres. It's unique layout, 21 loading docks, with 1 loading ramp and ample truck court, makes it ideal for distribution and/or light manufacturing. Available For Lease at $7.95/SF.

For more information, contact the Miami Warehouse Team: 786-433-2380.

New Listing: Warehouse Space For Sale or Lease in Doral: The Centre at Beacon North

2010-06-03T09:39:00.002-04:00

For Sale or Lease. Unique opportunity in one of the best locations in Doral. This great condo has +/- 7,200 Sq.Ft. of total space, 6,400 Sq.Ft. of warehouse with 800 Sq.Ft. of office space, PLUS second floor mezzanine office space of +/-800 Sq.Ft. – Included at no extra cost -. Location is spectacular; easy access to SR 826 (1 Mile) SR 836 (1.5 Miles) and Florida Turnpike. The warehouse space has 1 partial recessed Dock and 1 Ramp. Roof is Twin T concrete with 18’ clear ceiling height. Ideal for distribution and light manufacturing. Sale Price $1,100,000. Lease Rate $9.75 per Sq.Ft.

Contact our Miami Warehouse Team for more information: 786-433-2380

ComReal Miami Visits Port of Miami for Imports and Exports

2010-06-03T09:27:00.004-04:00

During the World Trade Week in Miami, week of May 17^th, Industrial Associate Edison Vasquez visited the Port of Miami to stay connected with all importers and exporters. The Port of Miami is currently expanding the meet the increase in traffic of vessels coming in; additionally, with the increase of capacity of the Panama Canal in four years, the Port will experience a dramatic increase in the flow of vessels. Although the Port is one island, it’s currently separated between Cruise (passenger) ships and Cargo Ships. According to the Port Authority, this is done to provide a more efficient flow of cargo toward Warehouses in Miami and passengers toward Miami International Airport.

In the Cargo section, the Port Authority informed that surprisingly the biggest trading partners on the port are 1. China 2. Hong Kong 3. Honduras. Further, the authority informed that 40% of the traffic that comes through the port is created by one company, SEABOARD Marine.

Important facts to note during the visit are: Approximately 600 cars are sent from the Port of Miami to Dominican Republic every week; these would later be sent to other countries is South America since these countries would not allow the direct import of cars from Unites States. Also, the Port of Miami sold four of its cranes to ports in Colombia, Santa Martha and Barranquilla; the Port plans to get new cranes to accommodate its increase in traffic.

ComReal Miami has moved!

2010-04-26T23:39:00.000-04:00

The ComReal Miami office has moved to a brand new location in the heart of Doral.

Our phone numbers and emails remain the same.
Our new Fax number is 888-316-6818.

New Address:        9500 Doral Boulevard
                             Suite 103
                             Doral, FL 33178

ComReal Miami Office Market Newsletter April 2010

2010-04-22T13:38:00.021-04:00

It is a Tenant's Market

For the tenant there is not a better time to secure a lease in a market where rental rates are historically low and vacancy rates are historically high.

Vacancies continue to rise which has resulted in lower rents and decreased rental income for landlords. This trend is expected to continue in 2010 with new building deliveries and tenants renewing for smaller spaces.

The Miami market has 2 new LEED certified office towers. 1450 Brickell is now leasing with immediate tenant build-out. Met 2 is aiming for 2nd quarter 2010 delivery. Together they add 1,335,305 square feet of LEED certified office space to the market with Brickell Financial Center at 605,886 square feet scheduled to deliver in late 2011.

Forecast Report

ComReal Office focuses on Tenant/ Buyer Representation

Why do you need an effective Tenant/ Buyer Representative?

Real estate decisions can significantly impact your business positively or negatively. In order to make sure your decisions have a positive effect on your business, there needs to be careful consideration of your business objectives and financial strategy. Great space can boost morale, assist in recruiting and retention and improve productivity. Cost-effective space can increase profits, reduce liabilities and yield a competitive financial advantage. Without effective Tenant/Buyer Representation you might be taking an unnecessary and expensive risk. Tenant Representation puts you in the driver's seat by providing you a thorough education of the current market conditions, current lease rates and corresponding concessions, advice on risk factors associated with some developments, and guidance through the negotiations of a multi-page lease document that are usually written in the landlords favor.

Strategies and Solutions for a more efficient work environment.

What is a more efficient work environment?

It can mean a smaller space that feels more spacious than a larger space due to careful space planning and the use of glass walls and partitions. It can mean utilizing raised flooring and modular walls so there is built-in flexibility for expansion and contraction of your business. It can mean more efficient and healthier HVAC and lighting options. It can mean taking advantage of the newest communication technologies and saving time and money by telecommuting, teleconferencing, and ultimately reducing the size of the physical office space that is necessary to run your business. It can mean retaining your current space with a carefully re-negotiated lease to ensure you have uninterrupted service and no downtime for relocation. A more efficient work environment increases productivity and profitability simultaneously.

Louise Bendix is a local expert in office leasing. She has closed lease and purchase transactions in the Coral Gables, South Miami, and Brickell markets in the past 6 months. Her clients receive an unprecidented level of attention and customer service. Having a thorough knowldege of current market conditions and a heightened attention to detail, she is able to negotiate very favorable situations for tenants and their respective landlords. Also holding the LEED Accredited Professional credential, she understands how businesses can create eco-friendly work environments that improve the quality of life for their employees and the community at large.

"LEED AP" and the related acronym, and the LEED AP logos are trademarks owned by the U.S. Green Building Council and awarded to individuals under license by the Green Building Certification Institute.

Please look forward to receiving future newsletters that will provide market statistics of the Coral Gables, Brickell, and Downtown market areas as well as timely news and events.

LOUISE BENDIX,LEED-AP Commercial Associate T 786-433-2376 F 888-316-6818 lbendix@comreal.com

The Commercial Real Estate Revolution

2010-03-24T17:04:00.004-04:00

Last night Bill Black, co-author of The Commercial Real Estate Revolution, offered up a humorous and convincing case for shifting the way we design and build buildings.

The book was the outcome of Mindshift, a consortium of progressively-minded corporate real estate interests that are studying how corporate facilities are currently being designed and built. By proactively addressing the full life cycle of a project, Mindshift seeks business cases for sustainability that result in lower costs, better ROI and higher quality working environments for clients.

He suggests a new paradigm in building and design where quality and performance are the guiding principles.

The book is a must read for all of us in this industry. Much to think about.

Usar un Corredor / Agente de Bienes Raices Puede Ahorrar Tiempo y Dinero. Miami - Florida

2010-02-24T12:27:00.008-05:00

El mayor beneficio al usar un corredor de bienes raíces es que él o ella puede ahorrar a un cliente - no costarle – bastante dinero. Bienes Raices, similar a otras industrias, cuenta con profesionales que dedican su tiempo a conocer, comprender, promover un determinado sector o ubicación. Por ejemplo, ComReal Miami se especializa en la venta y alquiler de propiedades comerciales - incluidos almacenes, bodegas, oficinas además de corretaje de negocios en Miami Dade.

A pesar de que comprar o vender una propiedad puede hacerse de forma individual, tal vez no es la mejor opción. Para ponerlo en perspectiva, en leyes, debido a la gran cantidad de información y regulaciones en nuestro sistema judicial, es necesario solicitar el asesoramiento y la representación de un abogado para asuntos legales. De la misma manera, un dueño o comprador de una propiedad comercial debería solicitar el asesoramiento y la representación de un experimentado corredor de bienes raíces para comprar o vender una propiedad.

Corredores de bienes raíces comerciales alrededor de los EE.UU., incluyendo Miami, tienen acceso a información que un comprador o vendedor no la tiene. En la actual "era informática", tener la información más actualizada es crucial y puede ser la diferencia entre ganar o perder dinero. Un corredor puede ofrecer a un cliente asesoramiento gratuito y asistencia para determinar las necesidades específicas. Además, un agente comercial puede ahorrar a los clientes tiempo y por lo tanto dinero, al pre-calificar a prospectos, realizar búsquedas y en general ayudar a mover el proceso más rápido.

Es importante mencionar que para experimentados inversionistas inmobiliarios e instituciones, los agentes de bienes raíces son una parte esencial de sus inversiones. Inversionistas experimentados reconocen que corredores/agentes calificados los ayudan a hacer dinero en tiempos buenos y malos. Estos inversionistas saben tomar ventaja del conocimiento e información que corredores de bienes raíces ofrecen.
Así que, sea un almacén o bodega en Doral, un espacio de oficina en Miami o la primera propiedad de inversión, es importante para un comprador / vendedor usar un agente calificado durante la transacción.

Especialistas en Bodegas y Almacenes: 786-433-2380

Why Use a Real Estate Broker? Simply: to Save Time and Money. Miami - Florida

2010-02-24T12:16:00.010-05:00

The biggest benefit of using a real estate broker is that he or she can save a client – not cost – a lot of money. Real Estate, similar to many other industries, has professionals who dedicate their time to know, understand, and market a specific sector or location. For example, ComReal Miami specializes in sales & leasing of commercial properties –including warehouses, offices- and business brokerage in Miami Dade.

Although buying or selling a property can be done individually, it might not the best option. To put it on perspective, in law, due to the extensive information and laws involved in our justice system, one would seek the advice and representation of a lawyer for legal matters. In the same way, a commercial property owner/ buyer would want to seek the advice and representation of an experienced real estate broker when buying or selling a property.

Commercial Real Estate Brokers around the USA, including Miami, have access to information that a buyer or seller might not. In the current “information-age”, having up-to-date information is crucial and can be the difference between making or losing money. Also, a broker can offer a client free advice and assistance to determine the specific needs. Further, a commercial broker can save the client time and therefore money, by qualifying prospects, conducting searches and helping move the process faster.

One important thing to mention is that for experienced real estate investors and institutions, real estate brokers are an essential part of their investments. Experienced investors understand that good, qualified brokers make them money in good and bad times; these investors are able to tap into the knowledge and information brokers offer.

So, whether it’s big warehouse in Doral, office space in Miami or the first investment property, it’s important for a buyer/seller to use a qualified broker in the transaction.

Warehouse Specialists: 786-433-2380.

Bodega Disponible de Arriendo o Venta en Medley +/- 10,000 Sq.Ft. (929 m2)

2010-02-02T17:13:00.005-05:00

Bodega de +/-10,000 Sq. Ft. Disponible Immediatamente de Arriendo o Venta en Medley, Florida. Esta bodega, unica en su lugar, esta situada estrategicamente cerca de Okeechobee Road (US27) y el Palmetto Expressway (SR826). La bodega tiene propiedades inigulables como: Cerca alrededor de toda la propiedad, lote exclusivo de +/- 1.25 Acres, 6 puertas de bodega a nivel de calle. Esta bodega es ideal para servicio y reparacion de equipo, parqueo de flota vehicular, pequeña fabrica, bodega general, y muchos otros usos.

Contactenos para mas detalles en esta espectacular propiedad. El Equipo Industrial de ComReal, Ed Redlich, Chris Spear y Edison Vasquez, estara dispuesto a asistirlo con esta bodega. Y lo mas importante, nosotros SI HABLAMOS ESPAÑOL. Contactenos a (786)-433-2380.

New Listing: Medley Warehouse Available For Sale or Lease +/-10,000 Sq.Ft.

2010-02-02T16:53:00.006-05:00

+/- 10,000 Sq. Ft. Medley Warehouse Available for Sale or Lease. This unique warehouse is centrally located near Okeechobee Road (US 27) and Palmetto Expressway (SR826). It features: +/- 10,000 Sq.Ft. of warehouse space, paved oversized lot-+/-1.25 Acres-, fully fenced, 6 street level doors.

This warehouse is ideal for service & reapir utility, vehicular parking, outside storage, manufacturing, untilities, heavy equipment, and many more uses.

Contact ComReal's Industrial Team, Ed Redlich, Chris Spear and Edison Vasquez for more details, (786)-433-2380

Google Maps for Commercial Real Estate

2010-01-07T16:15:00.011-05:00

I have been using Google Maps for Commercial Real Estate for about a year now. It is a great tool to layout property preview tours, maps for prospective tenants and buyers, current listings, and a host of other uses. You can change the icons (push pins) to logo's if you upload them yourself or use the "push-pin" icons that come in different colors or the kind of strange "balloon" shape that is the default. The map can be linked and embedded in web-sites, sent via e-mail, and printed. You can add collaborators, keep in private, or make it public. Check out this map I just created for one of ComReal's Office listings. MAP

Ed Redlich of ComReal Miami On The Biz Radio, Thursday December 10th at 5:00 PM

2009-12-09T16:52:00.013-05:00

Date: Thursday, December 10th
Time: 5:00 PM
Radio Station: 880 AM “The BIZ”
Website: www.880thebiz.com

James Fried, host of the “Fried on Business” Radio Show, speaks with special guest Edward Redlich from ComReal Miami Inc. You are invited to join them and listen as they discuss trends and deals in Miami’s Industrial Real Estate market.

Visit www.comrealwarehouses.com .

ComReal Miami, Inc.

8725 NW 18th Terrace, Suite 105

Miami, FL 33172

O 305-591-3044 F 305-591-9704

www.comrealmiami.com

"For Over 30 Years, ComReal is Commercial Real Estate"

CIASF program: Saving Green by Retrofitting Green on

2009-11-16T13:02:00.004-05:00

Thursday night, November 12, Becker & Poliakoff, hosted a very informative program on “Greening” existing buildings to the members and guests of CIASF. (Commercial and Industrial Association of South Florida.) It is no accident that the offices of Becker & Poliakoff are in the elegant Alhambra Towers which is an energy star rated building for 2009. The message conveyed by Alan Krinzman, LEED-AP and host of the event, that the business of creating more energy efficient and healthy building environments needs to begin now and that energy efficiency and LEED principles are not a fad, but a necessity that we all need to embrace.

Paul Cohen of CBRE was the moderator of a panel the included Scott Alexander of ProLogis that shared the success ProLogis has in California and Oregon in leasing roof space to the utilities for solar panels. He did share that this arrangement would not work well here for several reasons one minor one being the frequency of hurricanes. Two knowledgeable representatives from FPL attended and shared some very good information on taking advantage of their rebates and other initiatives some of which can be viewed at: http://www.fpl.com/business/savings/rebates_and_incentives.shtml

Hamad Rodriquez, the principal of Hamed Rodriguez Architects Inc. and Co-Owner of Energy Cost Solutions Group, LLC holds the esteemed honor of designing the first LEED Gold building in Dade County. His message was clear. Since LEED is a rating system, there are several points already built into our code and it is not difficult to make some conscientious and simple changes to achieve LEED certification and make a significant difference in the energy and water use of a building while creating a healthy environment for occupants. He also brought up that EA (Energy and Atmosphere) Credit One is just a portion of LEED, yet can still reduce energy costs and help the environment. You can download your own checklist from his web-site to see how close your building might be to earning LEED certification. http://www.energycostsolutionsgroup.com/

For more information of Miami’s office space market, please feel free to contact me at anytime at 786-433-2376.

Louise Bendix
ComReal Miami, Inc.

Green Building Impact Report 2009

2009-11-05T17:08:00.008-05:00

This second annual report, researched and written by Rob Watson, the "Founding Father of LEED," explores the impacts that LEED-certified buildings have already had on energy, water, waste and employee productivity -- and projects those impacts for the next 20 years.

According to report author Rob Watson, floor area registered and certified by the U.S. Green Building Council's LEED green building rating system in 2009 is estimated to grow by over 40% compared to last year's totals, for a cumulative total of over 7 billion square feet worldwide since the standard was launched in 2000.

DOWNLOAD HERE

Louise Bendix,LEED-APOffice Specialist

ComReal Miami, Inc. Commercial Real Estate Services

T 786-433-2376 F 305-591-9704 O 305-591-3044 X115

lbendix@comreal.com www.ComRealMiami.com

Miami Industrial Market Report 3Q 2009

2009-11-01T14:30:00.030-05:00

Due to recent negative press, it is especially important in this particular quarterly report to distinguish the industrial market from Miami's overall commercial real estate market (i.e. office, retail, multi-family, etc.) Financing remains a challenge for all commercial properties and businesses. Miami has about 245M square feet of total warehouse space. The vacancy rate rose slightly to 10% and lease rates fell slightly to $7.65 per square foot gross. By comparison, both of these stats happen to be about equal to the national averages. These figures are not all that bad considering we are in a national recession; things could be worse. However, in an effort to retain and attract prospective tenants, the more aggressive landlords further reduced their lease rates, offered free monthly rents and tenant improvement allowances.

Although the past three quarters have been very poor, there were three positive signs this 3rd quarter. First, overall activity and closed deals have significantly increased. ComReal reports 15 transactions all over 25,000 sq. ft. Secondly, there is only about 200,000 sq. ft. of warehouse space under construction right now which will improve absorption. Thirdly, national and local exports are on the rise partly due to the lower dollar value and higher standards of living across the globe. More exporting means more warehouse space in Miami. These three facts may give indication that Miami's industrial market has the potential to rebound faster than all other commercial property types.

For more information, please feel free to contact us anytime. We look forward to the opportunity to discuss your plans for 2010 and beyond.

ComReal's New Listings on the Market!

The Palmetto Warehouse located at 1401 NW 78th Avenue in Doral. The total size is 82,500 sq. ft. with 15,000 sq. ft. office space. The features include: dock level loading; fully sprinklered; all-concrete construction; heavy electrical power; proximity to Miami International Airport; and frontage on the Palmetto Expressway. For lease for $7.00 psf gross with purchase option. Visit www.warehouseonpalmetto.com.

Miami Cooler Warehouse located at 6901 NW 41st Street in Miami. The total size is 15,000 sq. ft. with 1,800 sq. ft. office space. The features include: dock and street-level loading; fully sprinklered; all-concrete construction; heavy electrical power; proximity to Miami International Airport and major expressways. This property is ideal for food, beverage and flower distribution. For sale for $1,800,000 (or $118 psf).

Florida City Warehouse located at 30 NW 12 Street in Florida City near Homestead. The total size is 20,687 sq. ft. with 2,000 sq. ft. office space. The features include: dock and street-level loading; fully sprinklered; all-concrete construction; heavy electrical power; and more. For sale for $2,200,000 (or $ 106 psf).

Warehouse Buildings Sold by ComReal in 3rd Quarter

CRE Events of the 3rd Quarter

There were no major industrial real estate events this quarter due to the summer season. However, ComReal will be reporting on the following events in our year end report.

November 4th

Air and Sea Cargo of the Americas 2009

Miami, Florida, USA

October 29th

The SIOR World Conference

Toronto, Canada

October 16th

CCIM Success Series 2009

Honolulu, Oahu, Hawaii

ComReal News!!!

ComReal radio ad - just released! Be one of the first to hear it and be guided to a new website for www.ComRealWarehouses.com. There you will find more information the ComReal Miami warehouse market. This ad will air regularly on 880 AM The Biz Radio during The Neal Asbury Show every Friday from 5 to 6 PM. Checkout the website on his show at www.TheNealAsburyShow.com which discusses the topics of international trade, manufacturing, import/exporting, and more. Click here to Listen >>>

Michael Weihl leads The ComReal Companies Business Division with the launch of his new website at www.MichaelWeihl.com. If you are interested in acquiring or disposing of an existing business opportunity, please consider contacting Mr. Weihl for a confidential consultation at 786-433-2503 or email at mweihl@comreal.com.

Service Providers of the Quarter:

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

ComReal Miami, Inc.
8725 NW 18th Terrace, Suite 105
Miami, FL 33172
O 305-591-3044 F 305-591-9704
www.comrealmiami.com
"For Over 30 Years, ComReal is Commercial Real Estate"

Dealmaking Today and The New Normal

2009-10-26T16:06:00.006-04:00

“The future ain't what it used to be.”

Yogi Berra

Business owners expecting to ride out the current economic storm until things return to normal are beginning to listen to that little voice in the back of their head telling them, this is it, this is the New Normal.

So what does this mean to the deal making community?

In my world of midmarket mergers and acquisitions (ComReal’s typical deal structure is between $2 and $50 million) it means the smart money is stepping off the sidelines and into the game. They realize waiting to move until the market hits the bottom is a suckers bet.

"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. "

Warren Buffett

Companies staring at zero or slightly negative organic growth are seeking acquisition strategies as a means to keep the revenues rising. Many also see an opportunity to pick up some competitors on the cheap who are faltering under market conditions. Because financing is so tight, only the well capitalized companies are pursuing this strategy, which actually increases the chances for making the deals work. All banks say they are lending, but per the New Normal, only to safe bets like a well capitalized company. It is times like these that good companies seize opportunities and become masters of their market.

On the flip side sellers who have positioned themselves to withstand the economic turmoil are in the catbird seat. In addition to the aforementioned strategic buyers, private equity groups are sitting on funds for buyouts. In their world it is use it or lose it and many are running out of time before they have to start handing money back to investors. So they are buying, albeit cautiously. And of course the weak dollar still manages to attract foreign investment.

There is a fundamental misunderstanding about declining valuations. Because most deals are structured as a multiple of net or gross revenue and because the market overall market has seen a reduction in this revenue, deals overall are reflecting lower price points. But the multiples themselves have remained relatively stable and in some cases have risen among those companies that have proven to be recession resistant. If you’ve worked hard to put yourself in this position strike while the iron’s hot to capitalize on it.

Of course another reality of the New Normal is that to truly attain maximum results requires the steady guidance of an experienced professional advisor. You can be sure the other side is using them. If you find yourself seeking a business or commercial real estate transfer strategy please call ComReal for a no obligation consultation.

Michael Weihl mweihl@comreal.com

Business Intermediary

ComReal Miami Inc. www.comrealmiami.com

CBS Interactive leases 34,622 sqft in LEED certified building!

2009-10-21T13:37:00.004-04:00

As a strong proponent of LEED certification in Commercial Buildings, I am happy to share that CBS Interactive has signed a long-term office lease for 34,622 sqft of office space in the 1401 Crown Center building in Fort Lauderdale as reported to-day in the Daily Business Review. http://www.dailybusinessreview.com/news.html?news_id=58127

The broker quotes 3 major components to CBS's decision to relocate to Crown Center: minimal employee disruption during the move, more efficiency with the space, and a LEED certified building.

In the Cypress Creek market area vacancy is quoted in CoStar at 15.1% in Class-B buildings with an overall net absorption of -120,869.00 just in the Cypress Creek sub-market.

Lynn-Ann Ierna, the director of Property Management for Midgard Properties, can attest to the cost savings the Crown Center property has experienced as a direct result of pursuing LEED-EBOM (Existing Building Operations and Maintenance) on other Crown Center buildings. Now Midgard has bragging rights for having a fully leased LEED-NC (New Construction, Major Renovation) project on their campus in a very challenging market.

Louise Bendix, LEED-APOffice Specialist
ComReal Miami, Inc. Commercial Real Estate Services
T 786-433-2376 F 305-591-9704
lbendix@comreal.com www.comrealmiami.com

LEED and Commercial Buildings- Measuring up

2009-10-15T12:21:00.010-04:00

The statistics to support change in the way develop building projects are compelling but the “do-good” rationality is not strong enough to bring forth a meaningful change in behavior.

What developers and building owners need are solid facts on ROI. How much will it cost to build green and what is the pay-off?
click here for more

It is looking like the meaningful pay-off is not only going to be in direct energy savings or in operating expenses but the real motivation is going to be in retaining higher lease rates and higher occupancy rates.

In a market with shrinking absorption rates and falling rents not just building green but retrofitting green looks like a win-win strategy to retain value and retain tenants.

A study by CoStar Group and University of San Diego found that green buildings outperform non-green peers across several categories, including occupancy, sale price and rental rates, sometimes by wide margins.

If you would like a copy of the power-point please contact me directly at:

Louise Bendix, LEED-APOffice Specialist ComReal Miami, Inc.
Commercial Real Estate Services
T 786-433-2376 F 305-591-9704 O 305-591-3044 X115 l
bendix@comreal.com www.comrealmiami.com

ComReal Miami and BBU Bank co-host CIASF luncheon

2009-10-07T16:54:00.006-04:00

ComReal Miami and BBU Bank co-hosted CIASF's 2009 First Annual Retail Market Report this afternoon at 9500 Doral Blvd. in Doral. Steve Smith, president of ComReal and owner of the 9500 building, completed a remarkable renovation in 6 months and signed BBU Bank as the anchor tenant.

The 120 attendees enjoyed a delicious lunch, a round of "haves and wants", and a presentation on the 2009 Retail Report by David Dabby, JD, MAI, a well know real estate analyst. Following his presentation was a panel discussion by Steven Gretenstein, Chief Operating Officer, Dacra,and Mindy McIlroy, Executive Vice President, Terranova Corporation.

The bottom line for brokers representing retail tenants? If you have tenants bring them to the table to make a deal. Old rules do not necessarily apply today. Retail is driven by consumer spending and it seems as if consumer spending will take a while to recover.

Pictured: Rafael Saldana, President and CEO of BBU Bank

Gail Ackerman, President of Paradigm Interiors and CIASF representative

Steve Smith, President of ComReal Miami and owner/ landlord of 9500 Doral Blvd.

Louise Bendix, LEED-AP and Office Specialist

ComReal Miami, Inc.

786-433-2376

CCIM STDBonline Course in Miami

2009-10-05T13:15:00.006-04:00

On September 29th 2009 CCIM Miami had the first STDBonline training course since the new and improved features were launched. The course was limited to 30 spaces and was lead by Jay R. Lucas, CCIM the current President and CEO of STDB Inc. which operates the Site to Do Business. STDBonline is the most comprehensive online resource available to commercial real estate professionals today.

The participants were able to familiarize themselves with all the new features of Site Analysis 3.0 with an emphasis on thematic maps, user points, map annotation tools and business lists.

Webinars are conducted weekly on various features within Site Analysis 3.0. To register, visit http://www.stdbevents.com/.

For more information visit us at: http://chapters.ccim.com/floridamiamidademonroe.

Is LEED the way for Miami office?

2009-09-30T15:43:00.003-04:00

Today it was announced that the law firm Bilzin Sumberg Baena Price & Axelrod will be vacating 80,000 sq. ft. of office space at the once iconic Wachovia office tower for the yet to be completed 1450 Brickell office tower at the end of 2010. To put that in perspective, this transaction will increase the vacancy at the 1,225,000 sq ft Wachovia Financial Center to 24% from a more respectable 17% advertised on CoStar today.

What does this mean for all of the existing office space in downtown Miami? Are tenants shopping for newer more efficient buildings? Are tenants shopping for “deals” where they are pitting the current landlord against developers who just hope to get most of their operating expenses covered by these new lease deals? In the case of the new deal at 1450 Brickell, has the developer made huge concessions just to get a coveted tenant to give the building some credibility? In any case there is certainly going to be a lot of activity in the office market in downtown and surrounding markets during the next few years while tenants are shuffled around. It is becoming increasingly apparent that Real Estate professionals, landlords, and tenants are all going to have to work very hard in this environment to preserve value, keep occupancy rates high, and be aware of market conditions especially LEED certification for buildings and LEED accreditation for individuals.

There is approximately 3 million square feet of new office space coming on line when Met II, 1450 Brickell, and Brickell Financial Center come on line. There is not any evidence that economic growth alone will bring nearly enough new tenants to South Florida to absorb all that space. The 3 buildings are boasting a LEED certification for Core and Shell meaning all 3 buildings are registered with the USGBC and are being audited to receive some level of certification. LEED certified buildings are buildings that are constructed for the long term health of the community and the occupants.

Developers at one time thought tenants would be willing to pay more for all of these benefits. There is no clear evidence in the Miami market that tenants are willing to pay more for LEED but I can see the occupancy of LEED certified buildings increasing while existing non LEED buildings will lag in occupancy rates. The answer is for existing building owners to take initiative and get their buildings at the very least energy star rated with possible upgrades to HVAC, lighting, and reflective roof material. A step further would be to get their buildings LEED-EBOM certified for existing buildings, operation and maintenance. This will give them the edge to keep current tenants, operate more efficiently, and ultimately help turn the tide on doing the “right” thing for their bottom line and their communities.

ABMC Loans: Miami Commercial Real Estate Mortgage Broker

2009-09-08T20:07:00.004-04:00

If you like to do business the old fashioned way with a personal touch from competent professionals, please consider contacting ABMC American Bankers Mortgage Corp. Based in Coral Gables on Almeria Avenue, Eric Garcia and Manny Ojeda specialize in financing Miami commercial real estate properties for owner-users and SBA loans. Call them now at 305-448-6446 or visit their website at www.abmcloans.com to learn more about Miami commercial real estate mortgage brokers.

BIS Commercial Real Estate Property Inspections

2009-09-05T12:10:00.000-04:00

As Miami commercial real estate professionals, we always suggest that you complete a full inspection before you purchase and/or lease the property. Over the years our customers have always had great experiences with BIS Building Inspection Services. Personally, I have used them many times to assist with the inspections on warehouses in Miami.

Please visit their website at http://www.bis-inspections.com/florida-commercial-building-inspection.htm or phone them at 1-800-939-3915.

THE NEW STDBonline IS LAUNCHED AND READY FOR YOU!

2009-09-01T17:05:00.005-04:00

STDBonline is arguably the most comprehensive suite of online resources available to commercial real estate professionals. Are you using it to its fullest potential? Let Jay Lucas, CCIM, President and CEO of STDB Inc. demonstrate the fundamentals you need to know in order to take advantage of this phenomenal CCIM Institute member benefit.

Reload your arsenal of the STDBonline tools, know how to recognize what is happening in your market, spot trends, analyze areas and apply it to commercial real estate The hands-on participation format will be a showcase of what the client wants and how the site provides answers, information for decision making, functionality, a case study of a property to presentfeatures of STDBonline, with emphasis on:

 Thematic maps
 User points
 Business lists

Tuesday, September 29, 2009

Nova Southeastern University
8585 SW 124th Avenue, Computer Lab #210
Miami, Fl 33183Phone: (305) 274-1021
Registration: 8:00am
Seminar: 8:30am to 11:30am /12:30pm to 3:30pm
Fees:
Miami-Dade-Monroe FloridaDistrict Members: $75.00
Non-members: $125.00

"Only 30 Total Seats Available!"

Questions:
Ed L. Boen, CCIM
305.446.2586

Register

To Learn more about STDBonline view a video at :
http://www.youtube.com/watch?v=2_UKvyMfnkQ

Edward Redlich's NEW website

2009-08-28T08:01:00.001-04:00

Dear Friends & Neighbors,

I am pleased to inform you about the launch of my new website for Miami commercial real estate now at www.EdwardRedlich.com. As you know, I’ve specialized in the Miami industrial warehouse business with The ComReal Companies for over 15 years.

Please let me know if you or someone you know needs assistance. Rest assured, you will receive my Team’s best, personal efforts. Thank you very much. -Edward Redlich

Opa Locka Warehouse Sold to Venezuelan Manufacturer

2009-08-10T15:21:00.000-04:00

Ed Redlich and Chris Spear of ComReal Miami announce the sale and purchase transaction of a 24,000 sq. ft. warehouse. The free-standing warehouse is located at 2400 NW 150^th Street in the Opa Locka, Hialeah area. The sales price was $1,100,000 or $46 psf. The Seller was 2400 Holdings; the Buyer was Eight Investment Corp. The Buyer is in the auto parts manufacturing business and is originally from Venezuela. The Seller was in the boat manufacturing industry similar to other warehouses in Hialeah. The property includes heavy electric, sprinkler system and extra storage yard.

ComReal Miami continues to serve more international companies. Just recently we have assisted companies from Spain, Hong Kong, Peru, Colombia, Venezuela, Brazil, Argentina and more, all looking for warehouse space here in Miami. It is very interesting to learn the reason why each business makes a decision to grow and expand here.

For more information on this transaction and other Opa Locka warehouses and Miami warehouse contact Edward Redlich at 786-433-2379 or visit www.edwardredlich.com.

Thank you.

CIASF Video of America’s Anti-Trade Policies and it's impact on Miami Industrial Real Estate Market

2009-08-06T13:39:00.005-04:00

Please enjoy watching this video from the CIASF luncheon with Neal Asbury. Sponsored by ComReal Miami and Edward Redlich. Please read Mr. Redlich's introduction here: http://comrealmiami.blogspot.com/2009/07/ciasf-americas-anti-trade-policies.html

For more info on Miami's industrial real estate market, please contact Edward Redlich at 786-433-2379 or www.edwardredlich.com

Flagler Station Hosts CIASF (Miami, FL) from Flagler (www.flaglerdev.com) on Vimeo.

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

2009-07-30T02:12:00.005-04:00

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
eredlich@comreal.com www.comrealmiami.com www.edwardredlich.com
8725 NW 18th Terrace, Suite 105 Miami, FL 33172
T 786-433-2379 F 305-591-9704 O 305-591-3044 X112

SIOR Florida Chapter Website

2009-07-22T15:23:00.001-04:00

Dear Brokers,

The SIOR Florida Chapter introduces…. www.siorfl.com

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

Doral warehouse space leased to ACS

2009-07-19T23:07:00.004-04:00

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 www.acsofmiami.com.

For more information please contact Christopher Spear or Edward Redlich at 305-591-3044 or www.comreal.com.

CIASF: America’s Anti-Trade Policies

2009-07-10T15:37:00.003-04:00

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 www.asburysworld.com.

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 www.edwardredlich.com

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

2009-07-08T18:17:00.001-04:00

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

Doral warehouse building for lease

2009-07-06T06:44:00.001-04:00

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 www.Beacon97.com and other info on Doral warehouses.

Ed Redlich
ComReal Companies
786-433-2379

ComReal Miami Industrial Report 2Q 2009

2009-07-06T00:40:00.018-04:00

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. www.Beacon97.com

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. www.miamiairportwarehouse.com

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 (www.thenealasburyshow.com) and is an expert writer (www.asburysworld.com). [Read more...]

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

View full ComReal Miami Industrial Report 2Q 2009

Letter to the NAR Opposing H.R. 2454

2009-07-03T17:39:00.004-04:00

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

ComReal Miami and CIASF Luncheon: "Neal Asbury on America's Anti-Trade Policies" on July 10th, Friday

2009-06-28T22:17:00.002-04:00

"More trading + manufacturing = more commercial properties! South Florida’s commercial real estate market is truly connected to both the economic and political decisions made around the globe. The trade policies of the United States of America likely have a greater impact on South Florida than anywhere else in the country. If you and/or your customers are involved in international trade such as importing and exporting then you do not want to miss this event. Learn of the threats and opportunities that we must all be aware of concerning the “Gateway to the Americas” and beyond.” ~ Edward Redlich, ComReal Miami.

ComReal Miami is a proud sponsor of the CIASF luncheon on Friday, July 10^th. For more information on our guest speaker, Mr. Neal Asbury, please visit www.thenealasburyshow.com or www.asburysworld.com.

We all look forward to seeing you there.Thank you very much.

P.S. News update! The U.S. House of Reps just passed HR 2454 “The Energy Bill”. I’m sure this topic will be brought up as it is of great concern to all of us; especially for those in the manufacturing and transportation industries.

This July 10th ComReal Miami is sponsoring the CIASF event on Anti-American trade policies and how they are hurting YOUR Business. More trade = more commercial properties! South Florida’s commercial real estate market is truly connected to both the economic and political decisions made around the globe. The trade policies of the United States of America likely have a greater impact on South Florida than anywhere else in the country. If you or your customers are involved in international trade such as importing and exporting then you do not want to miss this event. Learn of the threats and opportunities that we must all be aware of concerning the “Gateway to the Americas” and beyond.

Friday, July 10th at 11:15 am
Hosted by FLAGLER
at Flagler Station Building #9
9701 NW 112th Avenue
Miami, Florida 33178

R.S.V.P.
Pricing:
$35.00 for Members, $45.00 for non-memebrs, $55.00 for Late Rsvp’s (late Rsvp’s are those that do not Rsvp by Wednesday July 8, 2009)
emailing: info@ciasf.com
or faxing: 305-445-9431

ComReal Miami is a proud sponsor of the July 10th CIASF event AMERICAS

2009-06-24T14:46:00.009-04:00

Marjam Supply in Miami Leases 65,518 sq. ft. Warehouse

2009-06-24T14:13:00.000-04:00

MarJam Supply Company leased a 65,518 sq. ft. Miami warehouse building at 475 NE 185 Street. For more information on Miami's warehouse market please contact Edward Redlich at ComReal Companies. 786-433-2379.

Miami Property Tax Assessments Reduced

2009-06-01T16:01:00.000-04:00

Pedro Garcia, Miami-Dade County's Property Appraiser, announced today that property taxes have fallen 12.1% for the year 2009. Expect your notice in the month of August. Hopefully, this will mean that our property taxes are reduced as well on all Miami commercial real estate properties.

A 17,000 sq. ft. warehouse building I sold recently had a property tax bill of about $38,000 (or about $2.24 per square foot). Its fairly difficult for a company to pay these heavy burdens in addition to all the other taxes on commercial businesses.

Mr. Garcia was our guest speaker at CCIM Miami's April luncheon. We look forward to having him back in 2010.

ComReal Companies Celebrate 30 Years in the Commercial Real Estate Industry

2009-05-31T17:22:00.005-04:00

ComReal Miami celebrates its Thirty Years Anniversary. We look forward to continuing to serve all of you in 2009 and beyond.

Thank you !!!

On May 31st, 2009, The ComReal Companies celebrate its 30th Anniversary. Over the years, ComReal has played an integral role in the commercial development of South Florida.

In 1979, the Stephen H. Smith Company was founded. The name was later changed to ComReal. Mr. Smith, Founder and President, was considered a pioneer for locating the office in Miami’s Airport West market. He helped develop Americas’ Gateway Park, an 136-acres business park which was one of the first of its kind in South Florida. Today, the ComReal Team continues to lead the commercial real estate profession.

“ComReal has been a great fit for me.” states Ed Redlich, Vice-President. “For all of my 15 years in this career, ComReal has encouraged me to grow, develop and learn. Everyone adapts the tools & technology and then specializes in a certain product to become an expert. We also each get involved and take a leadership role in professional organizations.” Redlich is a second generation associate. His father, Ronald, was also an industrial specialist with ComReal and helped mentor his son into the business. Redlich currently has the leasing assignment for a 240,000 sq. ft. warehouse development within Homestead Park of Commerce and for over 500,000 sq. ft. of warehouse space for The Faith Family. This include Beacon at 97th ; a Class A business park in Doral.

For more information, please visit www.comreal.com or call 305-591-3044 or email eredlich@comreal.com.

“For Over 30 Years, ComReal is Commercial Real Estate”

ComReal en Cartagena Colombia

2009-05-30T23:03:00.007-04:00

In May 2009, Ed Redlich took the opportunity while traveling through Cartagena, Colombia to tour and learn more about the Port. The Port of Cartagena is one of the deepest and safest ports in South America. It is 276 miles from the Panama Canal making it a convenient location to import/export goods. It is also located very near Rafael Nunez International Airport and is within the La Candelaria Industrial Free Trade area. See http://www.central.com.co and www.puertadelasamericas.com.co

Cartagena also has Mamonal Industrial Park in the El Bosque Industrial area of about 400 acres. The majority of the products include palstics, oil, petrochemical, chemical substances, produce, foods, beverages, etc.

Cartagena is the lead city to the USA. The more trade, the better for bodegas en Miami. The city will benefit greatly should the Colombia Free Trade Agreement be executed by the US Congress. The Colombian people deserve trade liberalization and free trade agreements with the Americas and Caribbean. President Alvaro Uribe has done an incredible job with the economy and national security. Colombia is truly a strong ally and trade partner for the USA.

Viva Colombia!

by Eduardo Redlich
ComReal Bienes Raices Commerciales
www.edwardredlich.com

Ed Redlich named "40 Under 40" by Real Estate Florida Magazine

2009-05-27T22:57:00.004-04:00

Edward Redlich was named one of Florida's most noteworthy professionals by Real Estate Florida Magazine in their May 2009 issue.

"The next generation of commercial real estate professionals is hard at work. Despite one of the toughest markets of anyone's memory, plenty of younger professionals are handling transaction that would make their elder colleagues flinch." states Carl Cronan, writer. "Real Estate Florida salutes these 40 individuals who are rising to the top of their profession including brokerage, development and law... It appears the future of commercial real estate is in good hands."

Redlich joined The ComReal Companies in 1994 and promoted to VP of ComReal Miami for achieving high production and professional development. In 2003, he was designated as Certified Commercial Investment Member (CCIM) and then President for Miami District in 2008-09. In 2008, he was designated by Society of Industrial & Office Realtors (SIOR). CCIM and SIOR designations are the most prominent in the CRE industry. At age of only 35, Redlich is presently the youngest SIOR in Miami.

Redlich takes leadership roles in the commercial real estate profession: SIOR; CCIM; FIU Real Estate Alumni; Realtor. Everyone knows Redlich for his high ethical standards and CRE expertise. His passion for the business enacts him to be an early adopter of CRE technology and savvy internet marketing. Most importantly, Redlich is a true advocate for his clients’ best interests. Intrigue of industrial manufacturing and warehouse/logistic operations has led him to tour China twice in two years.

For more information please contact Edward Redlich at ComReal Miami Commercial Real Estate at www.comreal.com or 305-591-3044.

Miami Herald and FIU on Laundering Money via International Trade

2009-05-17T12:06:00.002-04:00

It’s really good to have both FIU and the Miami Herald monitoring this issue that effects Miami's commercial real estate market. Be sure to read the Business Monday May 11th article in Miami Herald on “Money Laundering”. If you are interested in this topic, be sure to read the full article at http://business.fiu.edu/pdf/PrintMay2009/money-laundering-through-international-trade.pdf

My firm deals with many customers in the international trade business, importing and exporting. For those we do not know, we are sure to screen them as best we can before we do business. Some of my landlord clients demand this before they will execute lease agreements on their Miami warehouses. We are also asked to visit any prospective tenants current location to see their operation ensuring that is legitimate and active. Tenants are required to fill-out credit applications and are also screened via the US PATRIOT Act.

ComReal Miami asiste a Limonada Xpress en su nuevo local de 16,455 Pies Cuadrados.

2009-05-11T22:47:00.008-04:00

Sur de Florida, FL- El equipo Industrial de ComReal Miami, compuesto por Edward Redlich y Chris Spear exitosamente localizaron un espacio para la compañía innovadora Limonada Xpress. El espacio consiste de una bodega de 16,455 pies cuadrados, a solo 300 yardas del parque de comercio de Pompano en la 15 avenida, dentro de la CRA (Agencia Comunitaria de Re desarrollo). La propiedad esta exactamente ubicada en la 2025 NW 15 Avenida, Pompano Beach Florida 33069.

Limonada Xpress es una compañía de bebidas embotelladas que ha montado sus primeras operaciones en Estados Unidos, en el Sur de la Florida. La Compañía está siendo operada por dos hermanos venezolanos que piensan que el mercado de bebidas embotelladas está creciendo en el Sur de la Florida y decidieron que este es el mejor momento para una inversión. A pesar de la baja economía, Limonada Xpress confía en que su formula patentada será un éxito en el mercado. Gracias al esfuerzo de Ed Redlich and Chris Spear, ellos estarán abriendo su negocio en el Sur de la Florida.

Limonada Xpress contacto a ComReal en Marzo del 2009 para que los asistiera en la búsqueda de un espacio en el Condado de Dade y Broward. ComReal les preparo un paquete seleccionado de locales, específicos para sus necesidades desde Medley hasta Pompano Beach. Después de ver muchas propiedades Limonada Xpress escogió este lugar por la cantidad de espacio que ComReal les pudo conseguir a un excelente precio.

Para más información sobre almacenes en el mercado de bienes raíces Industriales en Miami contacte a Ed Redlich al 786-433-2379 o eredlich@comreal.com.

Miami Job Opening: Executive/Marketing/Real Estate Assistant and/or Partner

2009-05-11T20:10:00.004-04:00

Position Available:
Executive/Marketing Assistant and/or Licensed Partner to Commercial Real Estate Broker.

Description:
Take this opportunity to join The ComReal Companies and learn the CRE business with highly-reputable veterans in the profession. Work in an entrepreneurial, creative and high-energy environment. Specialize, become an expert and then work on BIG deals! Highlights include: self-development, individual growth, team work, flexible hours, attend trade shows, corporate clientele on both international and national levels, business travel, state-of-the-art CRE technology, internet marketing, social media, and much more!

Qualifications:

1). Four or more years of work and/or college experience in real estate, marketing or equivalent fields.
2). Proficiency in and ability to learn computer, email and internet skills. We are very techy.
3). Possess all of the following skills: creativity, marketing, organizational, interpersonal, both written and verbal communications, etc.
4). Accuracy and attention to detail; ability to follow-through on projects.
5). Absolute professionalism is a MUST!
6). Highest ethical and moral standards are a MUST!
7). Team player is a MUST!
8). Real estate license… is a bonus!
9). Multi-lingual, Spanish… is a bonus!

Compensation: TBD.

For more info on us visit: www.edwardredlich.com and www.comreal.com. To apply, please send resumes directly to:

Edward J. Redlich, SIOR, CCIM | Vice President
ComReal Miami, Inc. | Commercial Real Estate Services
8725 NW 18th Terrace, Suite 105 | Miami, FL 33172
T 786-433-2379 | F 305-591-9704 | O 305-591-3044 X112
eredlich@comreal.com

"For Over 30 Years, ComReal is Commercial Real Estate"

Company Thrives Despite the Economy

2009-05-05T11:16:00.013-04:00

MEDLEY, FL – ComReal Miami’s Industrial Team, comprised of Edward Redlich and Chris Spear successfully located a Medley warehouse for Blue Trading. The space consists of 10,667 sq. ft. and is part of the Medley Commerce Center. The property is located at 9302 NW 101st Street, in the Medley industrial area.

Blue Trading has had unbelievable growth over the last 3 years and despite the downturn in the economy their company continues to thrive. Thanks to the efforts from Ed Redlich and Chris Spear of ComReal Miami, they now have a space that fits their needs.

Blue Trading contacted ComReal in February 2009 to seek their assistance in locating warehouse space in Miami-Dade County. ComReal prepared a site selection which included a variety of warehouses from Doral to Medley. After viewing several properties, Blue Trading chose the Medley Commerce Center because of the amount of space the ComReal team was able to obtain for them and at a great rate.

For more info on warehouses in Miami's industrial real estate market, please contact us at 305-591-3044, email us at eredlich@comreal.com

ComReal Miami Industrial Division: 1st Quarter 2009 Report

2009-04-29T12:15:00.005-04:00

As expected, Vacancy Rates increased to 8.8% and Lease Rates decreased to $8.30 psf. However, the differences were slight. For being in a national recession, much of Miami’s industrial real estate market is doing fairly well compared to other industries. Expect to see good leasing and buying opportunities throughout 2009.

The Miami Airport West submarket continues to be in higher demand overall due to its access and proximity to the airport. Class A facilities in this submarket will retain most of their value even in a down market. Although property values have decreased overall, we are confident that high quality assets in good locations are better positioned to drive performance as the market recovers.

Overall deal volume is certainly down. The top ten lease deals for the quarter averaged only about 9,350 sq. ft. in the entire County! In this period, ComReal successfully negotiated three of the largest leases including: Lemonade Xpress of 16,455 sq. ft.; Blue Trading of 10,667 sq. ft. and Pet’s Area Code of 13,500 sq. ft.

ComReal has been appointed the exclusive leasing agent for Beacon at 97th Avenue in Doral. This is the only Class A business park in Miami that is fully fenced, secured with video surveillance and security guard. Current tenants include Ace Hardware, Bell Microcomputers, US Post Office and Clover Logistics. Of the 400,000 sq. ft. total space, there are two spaces available of 44,000 and 103,000 sq. ft. (fully A/C’d). For more info, please visit www.Beacon97.com.

ComReal was proud to participate in the following events:

¨ Port of Miami Tour with Bill Johnson, Director

¨ Florida Customs Brokers & Forwarders: Miami Cargo Theft

¨ CCIM Miami with Pedro Garcia Miami-Dade County Appraiser

¨ SIOR Tour of Orlando Commercial Real Estate Market

¨ CCIM Miami 2009 Annual Outlook Conference

¨ CIASF Industrial Market Report 2009 Annual Meeting

Please visit www.edwardredlich.com for the complete CRE market reports, news events and more. Feel free to contact us anytime for a confidential consultations. Thank you.

Lemonade Xpress Leases 16,455 SF of Warehouse Space

2009-04-28T14:46:00.009-04:00

Miami, FL – April 28th, 2009 - South Florida, FL- ComReal Miami’s Industrial Team, comprised of Edward Redlich and Chris Spear successfully located a warehouse facility for the Venezuelan entrepreneurs of Limonada Xpress. The space consists of 16,455 sf of warehouse space and is located within 300 yards of Pompano Commerce Park on 15th Avenue and is within the CRA (Community Redevelopment Agency). The property is located at 2025 NW 15th Avenue, Pompano Beach, Florida 33069.

Limonada Xpress is a bottling beverage company that has mounted their first U.S. operation in South Florida. The operation is spearheaded by two Venezuela brothers who felt that the market was ripe for bottled beverages in South Florida and decided that this was the right time to invest. Despite the downturn in the economy Limonada Xpress is confident that their patented formula will be a hit in this market. Thanks to the efforts of Ed Redlich and Chris Spear, they will be open for business in South Florida

Limonada Xpress contacted ComReal in March 2009 to seek their assistance in locating space in Dade and Broward County. ComReal prepared a site selection which included a variety of warehouses from Medley to Pompano Beach. After viewing several properties, Limonada Xpress chose this facility because of the amount of space that ComReal was able to obtain for them at a great rate.

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

CCIM hosts Miami-Dade County's Property Appraiser

2009-04-26T23:23:00.002-04:00

On April 17th, 2009, CCIM Miami hosted Pedro Garcia, Miami-Dade County's Property Appraiser at Anacapri Restaurant. The event was limited to the first 50 professionals to RSVP. Mr. Garcia discussed the county's property assessments and taxes. Also, Mr. Rick Orr of www.totalcommercial.com was present to give a presentation on this website of available commercial real estate properties.

"CCIM will conduct similar luncheons every three months." states Ed Redlich, President of Miami CCIM. "We look forward to having more professionals attend."

For more info on CCIM Miami, please visit www.miamiccim.com.

Miami Earth Day April 22nd, 2009

2009-04-22T10:22:00.001-04:00

ComReal Miami commercial real estate is going green. Today is April 22nd, 2009 and we remind all of ourselves and our customers to recognize Earth Day in Miami. In recognition of Miami Earth Day, let's all remember today's meaning and reduce costs by doing the following around the office:

* Keep lights turned off when not in use
* When printing: print in black instead of color; print on two sides; do not print extra pages if not necessary; recycle paper in stack (face up).
* Do not throw away paper clips, clamps, folders and binder inserts, comps, tab dividers, etc.
* Turn off your desk monitors, speakers, fans, etc. when not in use.
* The last person to leave should turn the A/C up to like 75 degrees.

Let us know if you have any other good tips.

Thank you!

Miami Warehouses for Lease

2009-04-20T12:32:00.002-04:00

Miami Warehouses for Lease

Miami warehouse spaces for lease. Warehouses in Miami to rent. From 4,000 to 9,000 square feet s ...

Price:
Not communicated

Date:
05-04-2009

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