Miami-Dade’s industrial real estate market is showing signs of change as rental rates decline and available warehouse space increases. For businesses leasing space near Miami International Airport, the latest numbers could signal an important shift.
miami-dade industrial market Archives - Miami Airport Warehouses
- 18
Nov - 0
- By:ADMIN
BentallGreenOak Pays $60M For Medley Warehouse With Locked-In Tenant
Food distribution company Quirch Foods has a lease signed through 2042 with two renewal options for 10 years each. The deal breaks down to $337 per square foot for the 176,699-square-foot building completed in 2021.
- 20
Jun - 0
- By:ADMIN
Doubling Up: Ares Pays $62M For Two Hialeah Industrial Buildings Under Construction
Ares Management made a $62 million double play in South Florida’s industrial market, picking up a pair of Hialeah warehouses under construction. An affiliate of the Los Angeles-based global alternative investment manager paid $37 million for a 9.6-acre site at 410 West 104th Street, and $25 million for an adjacent 10.2-acre parcel, according to records.