Palmetto facing warehouses in high demand

The ComReal Miami Industrial Team successfully leased 4275 NW 77th Avenue, Miami, FL. Prior to being leased, this Miami warehouse was being used as overflow storage for Panda Kitchen and Bath of Miami. The warehouse was listed for lease with an asking price $8.00 per sq. ft. It is a street level warehouse with a large truck court; it has Palmetto Expressway frontage and totals 38,000 sq. ft.

Ed Redlich, Chris Spear and Edison Vasquez marketed the property for sale and for lease. Because of the ComReal Miami Warehouse Team’s expertise, with properties on the Palmetto Expressway, they received many offers both for purchase and to lease within days of placing it on the market. The ownership decided to lease the property to a local motorcycle dealer that was looking to expand their existing Miami operation.

For more information about the disposition or acquisition of a warehouse with Palmetto frontage, contact us for your free consultation.