Transwestern Real Estate Services’ (TRS) South Florida Industrial Team has been selected to provide leasing and management services for Turnpike Commerce Center (“TCC”), a newly constructed, 181,533-square-foot industrial business park at 1350 and 1400 NW 121st Ave in Miami’s Airport West industrial submarket.
CBRE Senior Vice Presidents Larry Genet, Tom O’Loughlin and Vice President Jake Zebede negotiated the sale of Doral Center Development Land, a pristine parcel in highly sought-after Doral, Florida, located at 10751 Northwest 25th Street.
As retail struggles throughout the pandemic, there are many arguments for converting slumping shopping centers into new uses.
Big box retail hasn’t suffered as much as mom-and-pop stores, gyms and restaurants. Still, investors and developers are looking to warehouse conversions as a way to take advantage of the higher returns and strong rental growth of the logistics sector, according to Stuart Taylor, senior director of retail investments for JLL in a new post.