Archives

, , , , Posted by on

South Florida’s Largest Off-Market Freezer Warehouse Sells For $13.25 Million

CBRE Senior Vice Presidents Larry Genet, Tom O’Loughlin and Senior Associate Jake Zebede negotiated the purchase of an ±80,000-square-foot freezer facility located at 650 NE 185th Street in Miami.

Genet led the team in representing the buyer, Ivy Realty, which paid $13,250,000 in the off-market deal. Stuart T. Kapp of Kapp Morrison LLP represent Ivy Realty as legal counsel.
Continue reading

, , , , , , Posted by on

A Sign Of The Times? Industrial Vacancies Increase In South Florida

More warehouse spaces are sitting empty in South Florida. The delivery of new construction combined with the pandemic are to blame.

Vacancies rose from the first to second quarter in Miami-Dade and Broward, according to the latest Colliers International industrial reports.
Continue reading