Blackstone sells $120M industrial portfolio in South Florida: market trends and key details

Key details of the portfolio sale Blackstone, one of the world’s largest private equity firms, has recently completed the sale of a sizable industrial real estate portfolio in South Florida. The deal, which closed at $120 million, includes 14 separate properties spanning multiple cities in the region. These assets are predominantly light industrial facilities, which […]

Due diligence essentials when buying commercial property

Buying a commercial property is a HUGE step for any business or investor. It’s not quite like buying a house, where you check the roof and the plumbing (which is already a lot). Here, there are many more layers. And skipping a thorough review, what we call “Due Diligence,” can cost you a lot of […]

Rebound of Miami’s office market: an insightful overview

The Miami office market has undergone a significant transformation recently, shifting from doubts fueled by economic uncertainty to a period marked by increasing leasing activity and record-high rents. This revival has sparked the interest of both tenants and investors, painting a promising picture for the months ahead. A growing demand for prime spaces Miami’s resurgence […]

Cold storage facilities: a growing niche in industrial real estate

Understanding cold storage facilities Cold storage facilities play a crucial role in preserving perishable goods like food, pharmaceuticals, and other temperature-sensitive products. These specialized warehouses are designed to maintain a controlled temperature environment, ensuring product quality and longevity. In today’s globalized economy, demand for such facilities is on the rise as industries strive to reduce […]

Industrial market returns to pre-pandemic norms with rising vacancy rates

The industrial real estate market is undergoing significant changes as it transitions back to pre-pandemic norms. A prominent indicator of this shift is the steady rise in vacancy rates, correcting course after years of unusually high demand driven by the boom in e-commerce. This trend reflects a broader tendency of industries reassessing their logistical and […]

How to evaluate a commercial property for investment

commercial property

Introduction to commercial property evaluation Evaluating a commercial property for investment can be a complex yet rewarding process. Commercial real estate offers unique opportunities, but these are often accompanied by specific challenges. Understanding what to look for helps mitigate risk and maximize gains. Let’s dive into some practical steps to efficiently analyze a commercial property. […]

Citadel’s strategic move to Miami: Impacts and insights

citadel

Citadel’s strategic shift to Miami Citadel, one of the global leaders in asset management and financial services, has witnessed a significant transformation following its decision to relocate from Chicago to Miami. The move, spearheaded by Citadel’s CEO Ken Griffin, reflects a broader trend among corporations looking to escape traditional business hubs in favor of cities […]

What investors should know about triple net (NNN) leases

NNN lease

Understanding the basics of triple net leases Triple net leases, commonly referred to as NNN lease, are a specific type of commercial real estate lease agreement that’s quite popular among investors. In these agreements, the tenant is responsible for paying three major property expenses in addition to their base rent: property taxes, building insurance, and […]

Longpoint Realty Partners profits from Miami Gardens warehouse sale

longpoint realty partners

Noteworthy real estate transaction Longpoint Realty Partners, a company well-known in the real estate arena, recently made headlines with a major transaction. The firm sold a warehouse property located in Miami Gardens for an impressive profit of $15 million. The property had previously been purchased in 2020 for $28 million and was sold for $43 […]