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Archives for the ‘Our Team In The News’ Category

As Records Fall, South Florida Industrial CRE Lures Institutional Capital To Local Projects

Last year, Miami added nearly 10,000 jobs in logistics alone — more than double the number added in any previous year and almost half the number created across the state according to Transwestern’s most recent market reports.

Miami’s industrial vacancy rate has been below 5% since 2015, and even with new product having come online, it is still just 4.5%, with activity strongest in North Miami Beach, the Miami Airport area and Medley. The last quarter of 2018 saw the industrial market absorb nearly 1.2M SF, the strongest single-quarter performance in four years.

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CBRE Sells Delray Beach Showroom/Office/Warehouse To Real Estate Investor

CBRE Senior Vice Presidents Tom O’Loughlin and Larry Genet represented the buyer in the purchase of a ±58,250 square foot showroom/office/warehouse located at 777 Congress Avenue in Delray Beach.

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CBRE’s Genet, O’Loughlin Rep Tenant In 30,500 SF, 4.02 Acre Doral Lease Deal

CBRE Senior Vice Presidents Larry Genet and Tom O’Loughlin arranged a long term, 30,465-square-foot lease deal on behalf of Ram Tool Construction Supply Company, a specialty construction supply distributor, at 1600 NW 102nd Avenue in Doral, Florida within International Corporate Park.

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