m1 industrial
DESCRIPTION
With more than 40 years of combined industry experience, Metro 1 Commercial’s specialty M1 Industrial division has a proven track record of maximizing value for industrial landlords/ owners and assisting tenants with relocating, downsizing or expanding. We focus on serving South Florida’s most active industrial real estate markets, including Little River, Doral, Airport West, Medley and Hialeah, as well as other industrial markets throughout Miami Dade and Broward counties.TRANSCRIPT
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ABOUT METRO 1 COMMERCIAL
Metro 1 Commercial, a subsidiary of Metro 1, is Miami’s leading commercial real estate brokerage firm and provides a full range of advisory, transaction, management and
investment services to a prestigious list of clients and partners worldwide. Founded in 2005 by Tony Cho, Metro 1 Commercial is one of the most forward-thinking real estate companies, advocating for sustainable real estate solutions and smart urban growth. Metro 1 is also the first real estate company in South Florida to focus on serving Miami’s urban core neighborhoods and continues to dominate those markets today by leveraging our hyper local market expertise, expansive network of contacts, and marketing savvy.
OUR INDUSTRIAL EXPERTISE
With more than 40 years of combined industry experience, Metro 1 Commercial’s specialty M1 Industrial division has a proven track record of maximizing value for industrial landlords/owners and assisting tenants with relocating, downsizing or expanding.
We focus on serving South Florida’s most active industrial real estate markets, including Little River, Doral, Airport West, Medley and Hialeah, as well as other industrial markets throughout Miami Dade and Broward counties. Our team has experience with all types of industrial spaces from traditional warehouse buildings to more specialized research facilities and flex warehouse/showroom spaces. This expertise combined with our intimate market knowledge helps us to develop innovative solutions that achieve successful long-term results for our clients.
OUR INDUSTRIAL SERVICES
OUR REPUTATION
Over the past decade, Metro 1 Commercial has built a reputation for delivering consistent results in a performance-based landscape and has been involved in some of the most notable transactions in the South Florida marketplace. A wide variety of companies rely on Metro 1 and its executives for their real estate service needs, from Fortune 500 worldwide brands to local, family-owned businesses. Recent accolades include being ranked among South Florida Business Journal’s Top 25 Commercial Real Estate Brokerage Firms and one of CoStar’s Top Leasing Firms for 2011.
COMMERCIAL
M1 INDUSTRIAL OVERVIEW
• Landlord/tenant representation• Sale/leaseback transactions • Property availability studies• Lease vs. buy analysis• Space planning• Investment sales
• Property repositioning analysis• Build-to-suit transaction services • Property management• Advisory services • Green retrofits and sustainable services
top 25 commercial real estate brokerages of 2011
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HIALEAH: 651 W 20TH ST
For Sale / For Lease: $1.99 PSF Mod Gross80K SF Building (Divisible to 20K SF)
AIRPORT WEST: 5700 NW 72 AVE
For Lease $9.50 PSF + CAM2,600 SF Office/Warehouse Unit
AIRPORT WEST: 7245 NW 66TH ST
For Lease $6.95 PSF Mod Gross52,500 SF Building (Divisible) on 2.25 acres
WEST LITTLE RIVER: 1015 NW 72 ST
For Sale 2,199,000 / For Lease $34 PSF 2.66 acres on FECR Rail Spur
AIRPORT WEST: 6550 NW 74 AVE
For Lease / Negotiable14,000 SF (Building & Cross Dock Facility) on 2.35 acres
MEDLEY: 7230 NW 77 ST
For Sale | For Lease $7.95 PSF Mod Gross 13,000 SF Dock High Warehouse with refrigerated storage
FRANK CALAUTTIbroker associate M1 [email protected]
TRISTAN L. ZARATEsales associate M1 [email protected]
FOR ALL YOUR INDUSTRIAL NEEDS PLEASE CALL:
The current outlook for South Florida’s industrial market is positive. While the market has always performed better than other U.S. markets thanks to its close ties to Latin American trade, the market did stall somewhat during the economic recession.
However, confidence is returning to the market. New development projects have been announced, with over half a million square feet of new projects scheduled to break ground this year. And thanks to Port Miami’s infrastructure projects slated to be completed by 2014—in time for the Panama Canal Expansion—Miami’s cargo business is forecasted to double over the next decade, helping to reignite investor interest in South Florida.
There has also been a healthy uptick in sale and lease activity during the first quarter of 2012. Pricing is increasing as the vacancy rate is decreasing. Now may be the time for tenants to move into a more efficient space and lock into a lower lease rate. Landlords should conduct a market analysis to ensure their lease rates are aligned with current asking rates.
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