State Street Realty Brokers Pino & Trelles Close Over 160,000 SF of Lease Transactions for Logistics Company

State Street Realty Team Closes 88,000 Square Foot Warehouse Lease to Monat Global Corporation at Doral Turnpike Logistics Center

 

State Street Realty has leased 88,000 square feet of industrial space to Monat Global Corporation at Doral Turnpike Logistics Center located within the Doral / Miami-Airport West submarket.  As a result, the 88,000 square foot warehouse building within Miami Industrial Business Park at 3450 NW 115 Avenue in Doral is now 100% occupied.  Monat is a global leader in naturally based, anti-aging innovation.  State Street Realty Vice President Frank Trelles, SIOR, Executive Vice President Ed Lyden, Associate Brian Cabielles and President George Pino, SIOR, represented the Landlord, Seagis Property Group.

 

State Street Realty's George Pino & Frank Trelles Close large 82,000 Sf Warehouse Lease

State Street Realty Team of Pino & Trelles Broker $5.6M Sale of Doral Warehouse to Church

 

A team from brokerage and advisory firm State Street Realty completed the sale of a Doral warehouse for $5.6 million.
That’s $193 per square foot — a record in Doral for a free-standing warehouse of more than 20,000 square feet.
Granite Capital Investments LLC, a Miami-based sponsor of institutional grade commercial real estate investment, sold the 29,000-square-foot building at 9590 NW 25th St. to the Church of Jesus Christ the Almighty Inc. The deal closed Sept. 8.
State Street Realty president George Pino, vice president Frank Trelles and associate Brian Cabielles represented Granite Capital.

State Street Realty Brokers George Pino & Frank Trelles Negotiate Record PSF Sales Price For Free-Standing Warehouse In Doral

 

State Street Realty, a Miami based brokerage and advisory firm, closed the sale of a 29,000-square-foot industrial property in Doral, located at 9590 NW 25 Street. The transaction is valued at $5.6 million, or at $193 per square foot, marking a new benchmark for the highest per-square-foot sales price for a free-standing warehouse above 20,000 square feet, according to a release.  The Buyer, Church of Jesus Christ the Almighty, Inc., was represented by Diego Jonathan Aguero of Florida Real Estate Experts.  State Street Realty President George Pino, SIOR, Vice President Frank Trelles, SIOR and Associate Brian Cabielles represented the Seller, Granite Capital Investments, in this transaction.

 

State Street’s Frank Trelles And George Pino Close Over $12 Million Of Transactions For Logistics Company

 

State Street Realty, a Miami-based brokerage and advisory firm working on behalf of OCASA Logistics, has announced it has recently completed two transactions totaling over $12 million.  Vice President Frank Trelles, SIOR, and President George Pino, SIOR, executed the deals on behalf of OCASA Logistics.

 

 

 

State Street Realty has leased 30,000 square feet of industrial space to LAX Floral Import at Beacon Centre Business Park, located within the Miami-Airport West submarket.  As a result, Beacon Centre Building 3, a 114,000 square foot building within a Class “A” Industrial Business Park at 1617 NW 84 Avenue in Doral, is 100% occupied.  The vacancy rate for industrial space in the Miami Airport / Doral area is approximately 4%, according to State Street Realty.  State Street Realty President George Pino, SIOR represented the Landlord, Prologis, and State Street Realty Vice President Frank Trelles, SIOR represented the Tenant.

 

 

 

 

State Street Realty recently closed over 150,000 square feet of office and industrial lease and sale transactions valued over $7,000,000 as the Miami commercial real estate market continues to see rental rates and leasing activity strengthen. State Street Realty President George Pino SIOR, RPA, Executive Vice President Ed Lyden, Vice President Frank Trelles, SIOR, Associate Brian Cabielles and Leasing Associate Ana Lopez working on behalf of landlords Prologis and various other clients recently completed these transactions.  According to President, George Pino, “a booming e-commerce industry and growing population are propelling industrial rental rates and new construction in Miami-Dade. Over the past 3 years, the Miami industrial market has performed very well with more new construction and higher rental rate growth than other major markets. Due to the land constraints in Miami-Dade, this is one of the most competitive markets in the US to acquire industrial land to develop. We are also seeing a record sum of investment capital coming into the market to buy assets.”

 

State Street Realty's Trelles & Pino Manage Sale Of $2,600,000 Doral Warehouse Property

 

State Street Realty, a Miami-based brokerage and advisory firm, closed the sale of a 17,000 square foot industrial property located at 10850 NW 30 Street in Doral. The transaction is valued at $2.6 million. State Street Realty President George Pino, SIOR, Senior Vice President Frank Trelles, SIOR and Associate Brian Cabielles represented Doral P & S LLC, the Seller, in the transaction.

 

State Street Realty Brokers Cabielles & Pino Close More Than $1 Million In CRE Transactions In Doral

 

State Street Realty recently closed over 15,000 square feet of office and industrial lease and sale transactions valued over $1,000,000 as the Miami commercial real estate market continues to gain positive momentum.  State Street Realty President George Pino SIOR, RPA and Associate Brian Cabielles working on behalf of Prologis completed the transactions.

 

 

South Florida Business & Wealth Magazine - George Pino Recognized as a "Heavy Hitter" in South Florida Commercial Real Estate

 

George Pino named to the 1st SFBW Magazine "Heavy Hitter" list for Commercial Real Estate. These movers and shakers are building iconic projects, transforming neighborhoods and handling mega real estate transactions. They are truly key people in shaping the region's skyline and commercial real estate market.

 

 

 

 

State Street Realty, representing Custom Space, has leased 85,000 square feet of industrial space at Doral Logistics Center, located at 2900 NW 112 Avenue in Doral, within the Miami Airport West submarket.
Custom Space, based in California, is a new company to the South Florida area that provides custom office and warehouse space ranging from 300 to 20,000 square feet for temporary or long-term users.
State Street Realty Vice President Frank Trelles, SIOR represented the the Tenant, Custom Space, in the lease deal.

 

 

George Pino was recognized at the Coral Gables Country Club which was home to this year’s 25th annual Ronald McDonald House Charities (RMHC) of South Florida Twelve Good Men luncheon. More than 300 attendees within the community gathered to pay tribute to the hand-picked 2017 honorees. Each year, RMHC of South Florida honors leading men with a history of outstanding community involvement, civic service and support of one or more of South Florida’s leading charity organizations. Honorees are first nominated by former 12 Good Men award recipients and then the event committee members select the 12 finalists. The funds donated each year during the Twelve Good Men Luncheon helps RMHC support both the Miami and Fort Lauderdale Ronald McDonald Houses, which provide a “home away from home” for families with seriously ill children receiving medical treatment at pediatric facilities in South Florida.

RMHC 12 Good Men Cocktail photos - http://worldredeye.com/2017/04/ronald-mcdonald-house-charities-of-south-florida-hosts-twelve-good-men-cocktail-at-the-home-of-frank-anne-rubino/

RMHC 12 Good Men Luncheon photos -   RMHC 12 Good Men Luncheon Channel 10 TV segment -  https://www.local10.com/video/ronald-mcdonald-house-charities-of-south-florida-recognizes-12-good-men-at-luncheon

 

State Street Realty Brokers Close More Than 330,000 SF In Commercial Real Estate Lease And Sales Transactions in South Florida with a Value of Over $16 Million

 

Miami-based State Street Realty recently closed over 330,000 square feet of office and industrial lease and sale transactions in the past 60 days valued over $16,500,000 as the Miami commercial real estate market continues to strengthen.  State Street Realty President George Pino SIOR, RPA, Executive Vice President Ed Lyden, Vice President Frank Trelles, SIOR, Associate Brian Cabielles and Leasing Associate Ana Lopez, working on behalf of Landlord’s and various other clients, recently completed these transactions.

 

 

State Street Realty has leased 22,788 square feet of industrial space on behalf of Adornus Cabinetry, LLC.  Adornus Cabinetry will set up shop at Beacon Lakes Industrial Business Park, located within the Miami-Airport West submarket. As a result, Beacon Lakes Industrial Park Building 23, a 166,305 square foot building within a Class “A” Industrial Business Park at 2100 NW 129 Avenue in Miami, is now 100% occupied.  State Street Realty Executive Vice President Ed Lyden represented Adornus Cabinetry.

 

 

California-based Custom Space has leased its first South Florida location with an 85,000-square-foot industrial space at Doral Logistics Center. State Street Realty’s Frank Trelles represented Custom Space in the deal for the building at 2900 N.W. 112th Ave.  Trelles said "Custom Space will fill an important gap in the market for small businesses that need short-term warehouse leases, but a typical self-storage bay of about 200 square feet is too small for them. There are many local businesses, especially those importing and exporting products, that could use a larger warehouse, but aren’t ready to commit to a multi-year lease".

 

International logistics firm Ocasa acquired a property in Beacon Lakes Business Park in west Miami-Dade County to build a 40,000-square-foot office/warehouse facility.  The company’s U.S. headquarters facility would have 65 employees, up from about 40 employees in its three current warehouses in Miami-Dade, said Frank Trelles, VP of State Street Realty. He represented Ocasa in the deal along with State Street Realty President George Pino in the $2.42 million deal for 2.15 acres.

 

 

 

The SIOR Office Member Group is pleased to feature the 2016 Top 100 Office Deals totaling 12,343,138 square feet in leases and sales.  State Street Realty's George Pino, SIOR and other SIOR Office Specialists are doing major and impressive transactions across the globe.
Congratulations to everyone who made the list.

 

Apex Global Logistics, one of the largest logistics firms in China, has opened a facility in Miami-Dade County that will support 30 jobs.  The Shanghai-based firm leased 20,400 square feet at 1701 N.W. 87th Ave., in the Beacon Centre Business Park. State Street Realty President George Pino, SIOR represented landlord Prologis.

 

 

State Street Realty, working on behalf of OCASA, announced two completed transactions totaling more than $5 million.
George Pino, SIOR, President and Frank Trelles, SIOR, Vice President executed these deals on behalf of OCASA Logistics.

 

 

 

 

Continental Freight Forwarding has put a Miami-Airport West warehouse over the edge to fully leased.
The logistics company inked a deal for 55k SF at Beacon Centre Business Park, a 98k SF industrial building at 1850 NW 84 Ave in Doral, filling up the warehouse. State Street Realty president George Pino, SIOR and Ed Lyden brokered the deal for Prologis.

 

 

 

State Street Realty has leased 55,000 square feet of industrial space to Continental Freight Forwarding, Inc. at Beacon Centre Business Park located within the Miami-Airport West submarket. The deal brings Beacon Centre Building 6, a 98,000-square-foot building within the industrial business Park at 1850 NW 84 Avenue in Doral, to 100% occupied. State Street Realty President George Pino, SIOR, and Executive Vice President Ed Lyden represented the Landlord, Prologis.

 

South Florida Business Journal:  The List of Largest Business Parks

State Street Realty Providing Leasing Services to 2 of the Largest Business Parks in South Florida.

 

SIOR Report - George Pino and Other SIOR's Provide Expert Insight on Current CRE Market Trends

 

State Street Realty has leased 11,600 square feet of industrial space to Prosolus, Inc. at Prologis Blue Lagoon Business Park, located within the Miami-Airport West submarket.  As a result, Building 1, a 150,000 square foot industrial building within the Class “A” industrial business park at 6701 NW 7 Street remains 100% occupied.  State Street Realty President George Pino, SIOR and Vice President Frank Trelles, SIOR represented the Landlord, Prologis.

 

 

 

 

 

State Street Realty has leased 14,973 square feet of industrial space to Dug Cargo, LLC at Beacon Centre Business Park, located within the Miami-Airport West submarket. As a result, Beacon Centre Building 13, a 78,673-square-foot building within a Class “A” industrial business park at 2115 NW 84 Avenue in Doral is now 100% occupied. State Street Realty President George Pino, SIOR and Associate Brian Cabielles represented the Landlord, Prologis and State Street Realty Vice President Frank Trelles represented the Tenant, Dug Cargo, LLC.