Press Release

International Visitors Fuel South Florida Industrial

Overseas consumers are boosting the retail sector and, as a result, the warehouse and distribution center market in metro Miami. In addition to supporting retail real estate such as Sawgrass Mills, the second-largest tourist destination in Florida after Disney World, and American Dream Miami, the largest proposed mall in the U.S., South Florida’s international tourism…

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South Florida’s Real Estate Market Fueled by Strong Demand for Industrial Warehouses

MIAMI—The industrial real estate market in South Florida continues to show no sign of weakness, posting robust leasing and investment demand and an impressive development pipeline. Newmark Knight Frank Steve Medwin, executive managing director, South Florida, tells that the region’s industrial market saw substantial growth in demand in the second quarter with positive net…

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NKF Miami Industrial Team Represents AAR Aircraft Services In New 50,000 SF Lease

MIAMI- Transwestern’s South Florida industrial team has secured a new, long-term lease for 50,000 square feet at Miami International Commerce Center (MICC), a 3.5 million-square-foot industrial park at 7850 NW 25th St. in Doral. The lease represents the relocation for the tenant, AAR Aircraft Services, a leading independent provider of aviation services to commercial and…

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NKF Miami Industrial Team Advises Owner on $7.4 Million Warehouse Sale

Arctic Partners Sells Medley Property to Black Creek Group Miami, FL (April 19, 2018) — Newmark Knight Frank (NKF) today announced that its South Florida industrial brokerage team advised Arctic Partners on the recent $7.4 million sale of its warehouse property to an investment platform sponsored by Black Creek Group, LLC. “Through a competitive capital…

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NKF South Florida Industrial Team Negotiates 64,000 SF Lease with Dairy Foods Exporter

Tropical Foods Doubles its Space in International Corporate Park Newmark Knight Frank (NKF) today announced that its South Florida industrial brokerage team negotiated a 64,000 square foot lease with Tropical Foods, LLC at International Corporate Park, Building 2, a 115,200-square-foot facility west of Miami International Airport. NKF represented the owner in the lease transaction, and…

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Ice River Springs Leases 84,000 SF Warehouse At Miami Industrial Logistics Center

Ice River Springs signed an 84,369-square-foot industrial lease at 10701 NW 140th St. in Miami, FL. The newly-constructed industrial building is 255,846 square feet. The property has immediate access to US 27, Florida Turnpike, I-75 and SR-826 in the Medley Industrial submarket. Wayne Ramoski and Gian Rodriguez of Cushman & Wakefield represented the landlord. Steve…

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NGKF South Florida Secures $30 Million Industrial Warehouse Lease Renewal

Newmark Grubb Knight Frank announced that it represented the landlord, an institutional client, in a $30 million long-term lease renewal at Medley Logistics Park. The industrial park, a 670,000-square-foot three-building project, is located in the greater Miami area. Executive Managing Directors Steven Medwin, SIOR and Nick Wigoda, SIOR represented the landlord, while David Albert of…

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