{"id":1004232650,"date":"2018-05-31T03:16:34","date_gmt":"2018-05-31T11:16:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004232650"},"modified":"2022-12-08T08:51:58","modified_gmt":"2022-12-08T16:51:58","slug":"transwestern-arranges-50-ksf-industrial-lease-in-miami","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transwestern-arranges-50-ksf-industrial-lease-in-miami\/","title":{"rendered":"Transwestern Arranges 50 KSF Industrial Lease in Miami"},"content":{"rendered":"<p>By Alex Ciorogar<\/p>\n<div id=\"attachment_1004232652\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Miami-International-Commerce-Center.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004232652\" data-attachment-id=\"1004232652\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/transwestern-arranges-50-ksf-industrial-lease-in-miami\/miami-international-commerce-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Miami-International-Commerce-Center.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;1.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;iPhone 7&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1485354444&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;3.99&quot;,&quot;iso&quot;:&quot;20&quot;,&quot;shutter_speed&quot;:&quot;0.00074074074074074&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Miami International Commerce Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Miami International Commerce Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Miami-International-Commerce-Center.jpg?w=800\" class=\"wp-image-1004232652 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Miami-International-Commerce-Center.jpg\" alt=\"Miami International Commerce Center\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Miami-International-Commerce-Center.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Miami-International-Commerce-Center.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Miami-International-Commerce-Center.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004232652\" class=\"wp-caption-text\">Miami International Commerce Center<\/p><\/div>\n<p>Transwestern\u2019s South Florida industrial team has secured a long-term lease for 50,000 square feet at Miami International Commerce Center (MICC), a 3.5 million-square-foot industrial park&nbsp;in Doral, Fla. The company worked on behalf of the landlord, PS Business Parks Inc., while NKF represented the tenant.&nbsp;<\/p>\n<p>AAR Aircraft Services relocated its headquarters at 7850 N.W. 25<span style=\"font-size: 12.75px;height: 0px;line-height: 0;vertical-align: baseline\">th<\/span>&nbsp;St., just a few miles from Miami International Airport. According to Transwestern research, the Airport West\/Doral submarket had a 4.1 percent vacancy rate as of the first quarter of 2018. The submarket showed the quarter&#8217;s strongest demand, with 245,269 square feet of positive absorption. The property provides easy access to Palmetto and Dolphin expressways, N.W. 36<span style=\"font-size: 12.75px;height: 0px;line-height: 0;vertical-align: baseline\">th<\/span>&nbsp;Street and N.W. 87<span style=\"font-size: 12.75px;height: 0px;line-height: 0;vertical-align: baseline\">th<\/span>&nbsp;Avenue. MetroPCS Corporate Store, Extended Stay America Miami Airport Doral, Starbucks, Doral Billiards &amp; Sports Bar, DHL and Gemaire Distributions are all nearby.&nbsp;<\/p>\n<p><em>\u201cMICC\u2019s location, less than two miles from Miami International Airport, played a major factor in AAR\u2019s decision to relocate,\u201d<\/em> said Transwestern Managing Director Thomas Kresse, in prepared remarks. <em>\u201cIn addition, we were able to accommodate the tenant\u2019s space requirement and offer a generous parking ratio.\u201d<\/em><\/p>\n<p>NKF Executive Managing Directors Steve Medwin and Nick Wigoda represented the tenant. Kresse, Senior Managing Directors Walter Byrd and Ben Eisenberg and Vice President Carlos Gaviria were all part of the Transwestern team that obtained a new tenant for PS Business Parks. Earlier this year, Transwestern facilitated the sale of a <a href=\"https:\/\/www.commercialsearch.com\/news\/transwestern-facilitates-130-ksf-industrial-sale\/\">130,300-square-foot industrial asset in Hartford, Wisc.<\/a><\/p>\n<p><em>Image courtesy of Transwestern<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AAR Aircraft, a provider of aviation services to commercial and government customers, will be relocating its headquarters to Miami International Commerce Center. <\/p>\n","protected":false},"author":928,"featured_media":1004232652,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21748,1492,21742],"tags":[33970,36007,39939,33313,40516],"class_list":["post-1004232650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-industrial","category-miami","category-latest","tag-miami-international-airport","tag-newmark-knight-frank","tag-ps-business-parks-inc","tag-transwestern","tag-walter-byrd"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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