Advantages to hiring a professional Tenant Representative

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

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.

Dan Berkovitz|Industrial Associate
ComReal Miami, Inc. | Commercial Real Estate Services
9500 Doral Boulevard, Suite103 | Doral, FL 33178
T 786-433-2098 | O 305-591-3044 | F 888-316-6818

www.ComRealMiami.com|www.DanBerkovitz.com

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

"ComReal is Commercial Real Estate"

Miami Real Estate MEGA Networker event

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

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

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.

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

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

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

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

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

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

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

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

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!

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

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

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

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

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)

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.

+/- 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

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

Louise Bendix, LEED-AP |Office 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