Miami remains one of the nation’s tightest industrial markets, with vacancy consistently below 5 percent since 2015, reaching as low as 4.1 percent in the past year. CLICK ON THE HEADLINE FOR MORE
Transwestern’s Senior Managing Directors Ben Eisenberg and Walter Byrd, Managing Director Thomas Kresse, and Vice President Carlos Gaviria facilitated the transaction on behalf of Terreno Realty Corp., which the team also represented during the asset acquisition in December 2016.
The project at Miami International Tradeport is scheduled to be delivered in the first quarter of 2019. Once complete, the 1.7 million industrial park under development will include 10 warehouse facilities. CLICK ON THE HEADLINE FOR MORE
Foundry Commercial and Oakwood Real Estate Partners plan to build an 162,690-square-foot distribution center and 155,350-square-foot showroom to the Miami Free Zone that they plan to rename Miami Central Commons. CLICK ON THE HEADLINE FOR MORE
Codina Partners, Terra, the Related Group, Shoma Homes and Lennar are among big risk takers in the young northwestern Miami-Dade city that was incorporated only 15 years ago. CLICK ON THE HEADLINE FOR MORE