Market Trend: South Florida’s Industrial Vacancy Decreases to 8.0%

The South Florida Industrial market ended the second quarter 2012 with a vacancy rate of 8.0%. The vacancy rate was down over the previous quarter, with net absorption totaling positive 1,241,489 square feet in the second quarter. Vacant sublease space decreased in the quarter, ending
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Market Trend: South Florida’s Industrial Vacancy Decreases to 8.3%

The South Florida Industrial market ended the first quarter 2012 with a vacancy rate of 8.3%. The vacancy rate was down over the previous quarter, with net absorption totaling positive 1,120,941 square feet in the first quarter. Vacant sublease space decreased in the quarter, ending t
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Flagler Station Industrial Portfolio Trades for $340M

AEW Capital Management LP, a leading real estate investment advisor, has acquired the 4.2 million-square-foot, 33-property Flagler Station industrial park in Miami and Medley, FL from Flagler, Florida’s largest full-service commercial real estate firm, for approximately $ 340 mi
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Richter Grusd of Sperry Van Ness Close Three Industrial Sales

National Real Estate Investor
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Stirling Industrial Park Sells for $10M

Tigertail of Hollywood LLC acquired Stirling Industrial Park, the retail, flex and industrial park at 2832 – 2858 Stirling Road in Hollywood, Florida from Stirling Industrial Park LLP. The purchase price was $ 10 million, or about $ 102 per square foot, in an all-cash transactio
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Liberty Property Acquires 126 Acres for Tradeport Industrial Park

Liberty Property Trust (NYSE: LRY) has acquired 126 acres fronting Florida’s Turnpike south of Okeechobee Road for the development of Miami International Tradeport (MIT), a $ 135 million industrial park. The $ 17.25 million deal for 126 acres is one of the largest South Florida indust
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Market Trend: South Florida’s Industrial Vacancy Stays at 9.0%

The South Florida Industrial market ended the third quarter 2011 with a vacancy rate of 9.0%. The vacancy rate was unchanged over the previous quarter, with net absorption totaling positive 568,903 square feet in the third quarter. Vacant sublease space decreased in the quarter, endin
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Industrial Market Continues Rebound; Experts Forecast Strong 2012

The industrial sector has quietly had a strong 2011. National Real Estate Investor
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Emerald Farms Industrial Bldg Trades For $3.7M

GK Emerald LLC acquired the Emerald Farms industrial building at 9800 NW 17th St. in Doral, FL from Wells Fargo Bank as trustee for JP Morgan Chase for $ 3,675,000, or about $ 83 per square foot, in an REO sale. The new owner will expand its business into the building, with occupancy
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Seefried Sells 693,938-SF Industrial Portfolio to Duke

Seefried Properties Inc. sold three industrial properties to Duke Realty Corp. for $ 51.8 million or $ 75 per square foot. The portfolio totals 693,938 square feet of space in Fort Worth, TX, and suburban Chicago, IL. The bulk warehouse buildings delivered between 2004 and 2008 and ar
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