MIAMI, FL – August 19, 2008 – Edward J. Redlich, SIOR, CCIM, Vice-President of ComReal Miami, is now one of only twenty commercial real estate professionals here in Miami to have obtained the coveted SIOR designation. At the age of only 35, he is the youngest SIOR in Miami and one of the few professionals worldwide that now possess the SIOR-CCIM dual designation. These are the highest designations that exist in the commercial real estate industry.
His fellow ComReal associate, Stephen H. Smith, SIOR, is a long time member of the prestigious group and one of its past Florida Chapter Presidents. “These affiliations provide us with the capability to serve our clients' commercial real estate needs on both national and international levels,” states Redlich.
Ed Redlich has been with ComReal for nearly 15 years and is now its Vice-President of the Industrial Division. His corporate clients include Goodyear Tire, Burger King, Enterprise Rent-A-Car, and General Electric, to name a few. Current industrial projects include the 180,000 sq. ft. Airport International Center and the 196,000 sq. ft. Eastgate Business Park. Eastgate is a new warehouse development project in The Homestead Park of Commerce in which Redlich is both an equity partner and co-developer with Smith. Redlich recently made the Miami commercial real estate news with his representation of Costex Corporation in its $21,000,000 purchase of a 17-acres site on the Palmetto Expressway. Costex will construct its new 300,000 sq. ft. Miami-headquarters and distribution facility on the former Farm Stores HQ site.
For more information on ComReal Miami commercial real estate, please visit www.edwardredlich.com. For additional details on this transaction, please call Edward Redlich, SIOR, CCIM at 786-433-2379, eredlich@comreal.com.
The Society of Industrial and Office Realtors is the leading professional organization in the world for office and industrial real estate specialists. With more than 3,200 members in 562 cities in 22 countries, SIOR represents today’s most knowledgeable, experienced, and successful commercial real estate brokers. Last year SIOR members reported an average per person dollar volume of more than US $33.5 million worth of property leased or sold. Cumulative dollar volume for all SIOR members was $85.6 billion of property leased or sold. As a group, SIOR Members closed 82,747 transactions in 2006 involving more than 239 million square feet of industrial and office space.
SIOR has certified more than 2,500 of its members with the prestigious SIOR designation, a professional symbol of the highest level of knowledge, production, and ethics in the real estate industry. Real estate professionals who have earned the SIOR designation are recognized by corporate real estate executives, commercial real estate brokers, agents, lenders, and other real estate professionals as the most capable and experienced brokerage practitioners in any market.
Since 1979, The ComReal Companies have been a leader in commercial real estate, specializing in asset management, leasing, property management, investment services, and tenant/ buyer representation. ComReal’s team of highly trained and distinguished professionals has earned the company its reputation for serving clients with a comprehensive range of services. The ComReal Companies and its affiliates are also well recognized in the equity side of the commercial real estate industry. Through CR Partners, principals of ComReal are very active in the acquisition, ownership and redevelopment of strategic real estate properties throughout South Florida. ComReal combines its commercial expertise with state of the art systems to find the very best business and economic opportunities for its clients. ComReal’s Miami office is located at 8725 NW 18th Terrace, Suite 105, Doral, FL 33172. ComReal’s Florida operations include offices in Miami, Ft. Lauderdale and Jacksonville. For more information on ComReal, please call 305-591-3044 or visit www.comreal.com.
Stephen Smith, SIOR and I had the opportunity to tour the Port of Jacksonville today during the SIOR Fall Conference. JAXPORT is located in the southeastern United States at the crossroads of the nation's highway and rail transportation network. This makes it ideal for Florida logisitcs and for Florida warehouse space and Florida distribution. JAXPORT consists of three cargo terminals that comprise over 1,100 acres all within Foreign Trade Zone #64. In 2007, JAXPORT had over 8.3M tons (or over 710,000 TEU's). Top import countries are from Canada, Virgin Islands, Colombia, Bahamas and Venezuela. Top export countries are Puerto Rico, Brazil, Russia, Venezuela and Saudia Arabia. I thought it was interesting that the day we were there an entire cargo ship was being loaded with frozen chicken headed to Russia.
