In the last days of 2019, the Trump administration released its final rules on Opportunity Zones. It’s a topic ComReal has covered extensively in the past, and the new rules may have a major impact on commercial real estate in our region. The Opportunity Zone program,...
ComReal Articles
LEASED! 2937 SW 27th Avenue, Suite 207
ComReal is pleased to announce our recent lease at 2937 SW 27th Avenue in Coconut Grove. Gavin Winston of ComReal Coral Gables represented the lessee, Team Sage Business Coaching, in their search for a perfect space. The firm was previously located on the top floor of...
Miami Industrial Real Estate Sees a Boost from Trade
Recent industrial market reports point to trade between Latin America and the United States as a defining factor in South Florida’s industrial growth. According to the 2019 South Florida Industrial Market Outlook by Transwestern, imports and exports increased by 9.1%...
New SAP Zoning Resolution Could Impact Large-Scale Redevelopment in Miami
Last week, Miami’s Planning and Zoning board voted 8-1 to draft a resolution that could have a resounding impact on real estate development around the city. The resolution would call for city commissioners to repeal a section of Miami’s zoning code that enables...
Brickell, Miami Design District Post Strong Retail Growth
Primary developers of the Miami Design District and Brickell City Centre are reporting strong retail growth numbers for 2019.
As eCommerce and Warehouse Needs Increase, Developers Turn to Hialeah
A new distribution and warehouse project is underway in Hialeah. Miami Axis Park will consist of 415,460 square feet across three Class A warehouse buildings, and will cater specifically to eCommerce and last mile distribution users looking for a place to house their...
Industrial Update: Sale Prices Dip, While Price Per Square Foot Increases
A new report published by the Miami Herald indicates an interesting fluctuation in the South Florida industrial market. In 2019, warehouses saw a dip in average sale price but an increase in price per square foot. According to the report, the average sale price for...
Q3 Market Report: Retail Healthy, Office Stable
ComReal’s market report for Q3 2019 is available now. Here’s an overview of our findings: RETAIL Miami has long positioned itself as a retail destination, and that focus has helped buffer the city against much of the sector’s growing pains: four out of the five retail...
In South Florida, a Renewed Focus on Public Spaces
Florida is the sunshine state, yet for too many years, our public spaces have remained underused and uninspired. All of that is changing now, thanks in large part to new era of revitalization and development led by commercial real estate. One major project leading the...
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305.458.0800
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3470 NW 82 Ave, Suite 605, Doral, FL 33166
786.433.2380
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4277 Ingraham Highway, Miami, FL 33133
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3050 Universal Blvd Suite 100, Weston, FL 33331
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