Western Miami-Dade industrial market heats up

Miami /
Dec.December 04, 2013 04:30 PM

The largely industrial real estate scene in the Airport West and Doral sections of Miami-Dade County is picking up steam.

Full-service office buildings in the area ask between $45 and $50 per square foot, Tony Puente of Fairchild Partners told Miami Today. The 8333 Downtown Doral building at 8333 Northwest 53rd Street, however, asks $31 per square feet for its vacant office space.

Also, companies are increasingly negotiating for more space in a particular building.

“The majority are logistics companies looking to increase the functionality of their space or perhaps relocate to a newer facility with wider space,” said Chris Sutton, who serves vice president of business development at the Global Logistics Center in Flagler.

The largest development headed for Western Miami-Dade County is the Florida Department of Transportation’s $2 billion transportation hub that would connect each county in South Florida as well as the Florida Keys. [Miami Today]Mark Maurer


Related Articles

arrow_forward_ios
Tyler Heckaman, Alejandro Arellano, Brad Berzins and Noah Gens (Getty)
Movers & Shakers: Eden Multifamily hires Florida land acquisition director
Movers & Shakers: Eden Multifamily hires Florida land acquisition director
Codina Partners’ Armando Codina and Ana-Marie Codina Barlick with 5350 Park condo project (Codina Partners, Getty)
Judge orders Codina Partners’ affiliate to pay Grycon $8M in damages
Judge orders Codina Partners’ affiliate to pay Grycon $8M in damages
Codina Partners’ Armando Codina and Ana-Marie Codina Barlick with 5350 Park (Codina Partners, Downtown Doral)
Miami-Dade judge hits Codina Partners’ affiliate with $6M in damages
Miami-Dade judge hits Codina Partners’ affiliate with $6M in damages
The Boring Company's LVCC Loop under the Las Vegas Convention Center (The Boring Company, Getty)
Fort Lauderdale to pay Elon Musk’s company to study tunnel plan for the city
Fort Lauderdale to pay Elon Musk’s company to study tunnel plan for the city
Vanderbilt Office Properties CEO Casey Wold, Quest Workspaces CEO Laura Kozelouzek, and C-III Capital Partners Chairman and CEO Andrew Farkas with Northbridge Centre at 515 North Flagler Drive in West Palm Beach (C-III Capital Partners, Vanderbilt OP, Questworks Spaces)
Lease roundup: Co-working company doubles down on downtown West Palm Beach
Lease roundup: Co-working company doubles down on downtown West Palm Beach
South Florida by the numbers: Brightline to restart & more
South Florida by the numbers: Brightline to restart & more
South Florida by the numbers: Brightline to restart & more
Vizcaya Metrorail Station (Wikipedia Commons)
Miami-Dade seeks proposals to develop mixed-use project at Vizcaya station
Miami-Dade seeks proposals to develop mixed-use project at Vizcaya station
(iStock)
Miami-Dade moves forward with multimillion-dollar Brightline deal
Miami-Dade moves forward with multimillion-dollar Brightline deal
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...