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CRE Sources - State Street Realty Closes 86,000 SF Of Commercial Real Estate Transactions |
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State Street Realty, a Miami-based brokerage and advisory firm, recently completed two (2) warehouse lease transactions and one (1) office lease transaction totaling over 86,000 square feet with a value of over $6,500,000.
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State Street Realty Sponsors The 2019 Future of Logistics Technology Summit in Coral Gables, FL |
State Street Realty was a proud event sponsor of the 2019 Future of Logistics Technology Summit on October 22, 2019. This excellent event was very well attended @ the Miracle Theater in Coral Gables, FL. Thank you to all of the distinguished expert panelists and industry leaders for their insight and participation at this informative event. |
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CRE Sources - State Street Realty recently completed more than 450,000 square feet of office and industrial transactions |
STATE STREET REALTY BROKERS RECENTLY CLOSE MORE THAN 450,000 SF OF COMMERCIAL REAL ESTATE TRANSACTIONS VALUED AT OVER $26 MILLION Miami, FL – (August 19, 2019) – State Street Realty, a Miami-based brokerage and advisory firm, has recently completed more than 450,000 square feet of office and industrial transactions throughout the South Florida area and other cities throughout the United States.
State Street Realty President George Pino, SIOR, Executive Vice President Ed Lyden, Vice President Frank Trelles, SIOR and Associate Brian Cabielles all working on behalf of landlord’s, tenant’s, investor’s, developer’s and other clients recently completed over 450,000 SF of sale and lease transactions valued at over $26 million. |
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South Florida Business Journal Top Commercial Real Estate Brokerages |
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State Street Realty was named one of the top 25 Commercial Real Estate Brokerages by the South Florida Business Journal in 2019. The list is ranked by aggregate dollar volume of 2018 sales and leases in South Florida.
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Ronald McDonald House Charities of South Florida Recognizes State Street Realty for Volunteer Efforts |
The Ronald McDonald House - Miami would like to thank, State Street Realty for the meal and bingo provided to our families on April 18, 2019. Our Adopt a Meal / Volunteer program could not be a success without the dedication and efforts of people like you. We greatly appreciate your contribution to our Charity. On behalf of the staff and guests of the Ronald McDonald House - Miami, we accept your generosity with deep appreciation! |
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CRE Sources - State Street Realty Brokers Assist Logistics Company In Completing Over $10 Million of Commercial Lease Transactions |
State Street Realty, a Miami based commercial real estate brokerage and advisory firm recently completed two transactions totaling over $10 million. Frank Trelles, SIOR, Vice President, Brian Cabielles, Associate and George Pino, SIOR, President executed these deals on behalf of A Custom Brokerage, Inc.
The first transaction was the sale of a 50,000 square foot free-standing warehouse building located at 1900 NW 97 Avenue, Doral FL, within Beacon @ 97th Avenue Business Park that sold for $7,602,000. TLG Real Estate Services represented the Buyer Hollermans FZE.
The second transaction was a 50,000 square foot warehouse lease with the Landlord GLP US Management LLC located at 2750 NW 84 Avenue, Doral, FL within Transal Business Park. Newmark Knight Frank represented the Landlord. Trelles and Pino worked directly with the Tenant, A Custom Brokerage, Inc. on this lease transaction. |
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NAIOP South Florida - State Street Realty Brokers Named Finalist in 2 Categories for the 2019 CRE Awards of Excellence |
NAIOP South Florida, the Commercial Real Estate Development Association, has announced the finalists for its 2019 Awards of Excellence, which recognize the individuals and organizations whose achievements have contributed to the local commercial real estate industry, benefitted the regional business environment and facilitated economic growth in South Florida.
STATE STREET REALTY is honored and humbled to be named a finalist in two (2) categories: 1) Broker of the Year (George Pino) and 2) Industrial Broker Team of the Year (Ed Lyden, Frank Trelles, Brian Cabielles & George Pino. NAIOP South Florida, the Commercial Real Estate Development Association, recognizes the individuals and organizations whose achievements have contributed to the local commercial real estate industry, benefitted the regional business environment and facilitated economic growth in South Florida.
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CRE Sources - State Street Realty Closes Blue Water Shipping Lease for 69,500 SF At Miami Industrial Logistics Center |
State Street Realty Closes Blue Water Shipping Lease for 69,500 SF At Miami Industrial Logistics Center
The South Florida office of Duke Realty announced that Miami Industrial Logistics Center, its three-building, 676,835-square-foot industrial hub, is 93 percent leased, just 18 months after it acquired the newly constructed, completely vacant industrial development.
Blue Water Shipping is the latest tenant to choose MILC, which is located in the Hialeah Gardens submarket of Miami on the east side of Florida’s Turnpike at U.S. 27. The logistics and transport services provider will occupy 69,504 square feet in MILC 14802, leaving only two 21,000-square-foot spaces unoccupied.
Jeff Hartsook and Patrick Willis of Cresa’s Industrial Team represented Blue Water Shipping in the lease deal. Stephanie Rodriguez, along with Frank Trelles and Brian Cabielles with State Street Realty represented Duke. |
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State Street Realty Brokers Close Blue Water Shipping Lease For 69,500 SF at Duke Miami Industrial Logistics Center Raising Occupancy to 93% |
State Street Realty Brokers Close Blue Water Shipping Lease For 69,500 SF at Duke Miami Industrial Logistics Center Raising Occupancy to 93%
The South Florida office of Duke Realty (NYSE: DRE), the leading domestic-focused logistics property REIT (Real Estate Investment Trust) in the country, announces that Miami Industrial Logistics Center, its three-building, 676,835-square-foot industrial hub, is 93 percent leased just 18 months after it acquired the newly constructed, completely vacant industrial development. Blue Water Shipping is the latest tenant to choose Miami Industrial Logistics Center (MILC), which is located in the Hialeah Gardens submarket of Miami on the east side of Florida’s Turnpike at U.S. 27. The logistics and transport services provider will occupy 69,504 square feet in MILC 14802 leaving only two 21,000-square-foot spaces unoccupied.
“We are pleased to welcome Blue Water Shipping to Miami Industrial Logistics Center,” said Stephanie Rodriguez, Duke Realty’s Vice President of Leasing and Development in South Florida. “In choosing MILC, Blue Water Shipping will be operating in one of the newest and most functional distribution facilities in South Florida plus have superior access to the Turnpike and I-75.”
“Our business is focused on serving the cruise and marine industry so immediate access to the ports is very important to us,” said Lasse Petersen, General Manager with Blue Water. “By having our operations in Miami Industrial Logistics Center we can be on Florida’s Turnpike and I-75 in minutes and benefit from being in modern, first-class space that contributes to the efficiency of our operations.”
Duke Realty acquired Miami Industrial Logistics Center in May 2017. All three buildings in the portfolio are modern, state-of-the-art facilities with 32′ clear heights, 60′ speed bays, large truck courts and ample automobile parking.
Patrick Willis and Jeff Hartsook with Cresa represented Blue Water in its lease, while Duke Realty was represented by Stephanie Rodriguez and Frank Trelles and Brian Cabielles from State Street Realty.
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CRE Sources - State Street Realty Starts 2019 Strong With More Than 400,000 SF Of CRE Transactions Closed Valued At Over $29 Million |
State Street Realty Starts 2019 Strong With More Than 400,000 SF Of CRE Transactions Closed Valued At Over $29 Million
State Street Realty has started 2019 strong by completing more than 400,000-square-feet of office and industrial transactions throughout the South Florida area and other cities throughout the United States. The State Street Realty team of President George Pino, SIOR, Executive Vice President Ed Lyden, Vice President Frank Trelles, SIOR and Associate Brian Cabielles all working on behalf of landlord’s, tenant’s, investor’s, developer’s and other clients recently completed the lease transactions valued over $29 million.
“The Miami industrial real estate market is one of the healthiest and most dynamic in the United States. The outlook for industrial real estate in 2019 is bright, with continued strength in property fundamentals, e-commerce, rent growth and strong absorption,” stated Pino. |
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Orange Bowl Committee Recognizes George Pino for His Leadership and Commitment to the OBC |
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Orange Bowl Committee Recognizes George Pino for His Leadership, Commitment and Dedication to the OBC during the 2018 College Football Playoff Semi-Final.
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CRE Sources - State Street Realty Broker George Pino Closes the Sale of a 25,000 SF Office Building in Miami, FL for $4,225,000 |
State Street Realty Broker George Pino Closes the Sale of a 25,000 SF Office Building in Miami, FL
State Street Realty, a Miami-based brokerage and advisory firm working on behalf of the Buyer, has closed on the sale of an office property located next to the Miami International Airport. The property is approximately 25,000 square feet and is well-located at 7500 NW 26 Street in Doral. The building sold for $4,225,000.
Pino and Cabielles
George Pino, SIOR, President and Brian Cabielles, Associate at State Street Realty represented the Buyer, Bardisa Enterprises, LLC. Industrial Group Realty, Inc. represented the Seller, Terreno 26th Street LLC.
“This office property offered the Buyer an excellent opportunity to own prime real estate in the highly-desirable and coveted Miami Airport area. The property is conveniently situated directly east of the Palmetto Expressway (SR 826) NW 25 Street exit. This is an A+ location” says Pino. |
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South Florida Business Journal |
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State Street Realty managed three Doral leases: Avanti Way Realty, Guidewell-Sanitas, and Doctors Medical Center.
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CRE Sources - State Street Realty Close 50,000 SF of Office Leases in Miami |
State Street Realty Close 50,000 SF of Office Leases in Miami
State Street Realty recently closed 50,000 square feet of office space lease transactions located within the Miami Airport office submarket. The following transactions were recently completed:
• Doctors Medical Center leased 22,000 square feet of office space at 5605 NW 82 Avenue in Doral. State Street Realty Vice President Frank Trelles, SIOR and President George Pino, SIOR and Associate Brian Cabielles represented the Landlord.
• Guidewell-Sanitas leased 21,038 square feet of office space at Westside Office Plaza (pictured above – click on the image to enlarge) located at 8400 NW 33 Street in Doral. Pino and State Street Realty Executive VP Ed Lyden represented the Landlord.
• Avanti Way Realty also leased 6,615 square feet of office space at Westside Office Plaza. Pino and Lyden represented the Landlord. Andres Korda of Avanti Way Realty represented the Tenant.
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