Americas Commercial Real Estate announced the successful negotiation of a 93,177 square-foot industrial lease on behalf of their longtime client, COFE Properties. The new tenant, Summit Aerospace, Inc., is a Miami-based Aircraft MRO (maintenance, repair, and operating supply) company founded in 2001. They specialize in the repair and overhaul of power generation components such as starter-generators, integrated drive generators, as well as commercial and military aircraft landing gears. Summit Aerospace, Inc. has established an extensive global customer base and is currently working with airline customers on every continent.
The property is located in Medley Palmetto Industrial Park, at 8130 NW 74th Ave, Medley Fl, 33166. “This is an extraordinary location, as it provides access and efficient connectivity to major interstate thoroughfares such as Miami International Airport, the Port of Miami and major highways including Dolphin Expressway (SR 836), Palmetto Expressway (SR 826) and Okeechobee Road,” commented Americas CRE’s broker, Alexander Bernaldo, SIOR. Medley Palmetto Industrial Park is located within the Miami Airport/Doral Industrial Submarket, the premier industrial submarket in Miami Dade County, and primary market serving Miami International Airport (MIA.)
This transaction is a remarkable demonstration of the ability that Americas CRE’s team of brokers, Michael Silva, Jonathan Aibel, SIOR.,
and Alexander Bernaldo, SIOR have of meeting their clients’ needs, even in a market with a vacancy rate of 4%. As mentioned, various of our team members pertaining to the SIOR organization. Real estate professionals who have earned the SIOR (the Society of Industrial and Office Realtors) designation represent roughly the top 5% of all licensed commercial real estate agents in the world and are recognized by corporate real estate executives, commercial real estate brokers, agents, lenders, and other real estate professionals as the most capable and experienced brokerage practitioners in any market.
The firm, Americas Commercial Real Estate operates under the leadership of Alexander Bernaldo, SIOR, as full service commercial real estate firm; providing all brokerage services including landlord and tenant representation, property valuations, consultation services, disposition and acquisition services, build-to-suit(s), professional marketing, and more. Since its inception in 1993, Americas CRE has grown to become one of the dominant real estate firms in South Florida. The company exclusively represents over 6 million square feet of commercial real estate, including over 20 business parks for lease or sale.