Press Release

Vivex Biomedical Leases New Space in Eastview Commerce Center – Bldg 3

Vivex Biomedical , a Georgia-based medical research firm, signed a lease deal in the new industrial building at 2290 NW 119th St. in Miami.  The tenant will take 78,600 square feet in the 98,200-square-foot property. Eastview Commerce Center – Building 3 is part of a recently constructed, six-building business park in the North Miami Beach…

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South Florida Fundamentals Fuel Strong Growth for Industrial Real Estate Market

What’s behind industrial warehouse growth? Warehouses, distribution centers, and industrial space for rent have been real estate’s hottest commodity this year. Strong tourism, construction activity and e-commerce growth in South Florida have been the driving forces behind industrial real estate growth in 2018. Increased demand for warehouses and lower area vacancy rates coupled with the…

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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 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 absorption of…

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Newmark 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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Newmark 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 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 markets sales process,…

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

Tropical Foods Doubles its Space in International Corporate Park Newmark 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. Newmark represented the owner in the lease transaction, and was the only…

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