NAI Miami Announces Prado Shopping Center is 100% Leased

/in , /by

For Immediate Release

Contact: Edward Schmidt, CCIM

305-938-4000

es******@na******.com

NAI Miami Announces Prado Shopping Center is 100% Leased

MIAMI, FLORIDA – NAI Miami, a member of the world’s premier managed network of commercial real estate firms, announced today that they have successfully leased up The Prado Shopping Center located across from The Falls Mall at the Northwest Corner of US 1 (Dixie Highway) and Southwest 136thStreet in Miami, Florida.

“We are happy to have achieved this accomplishment for our client” stated Edward Schmidt, CCIM and Co-owner of NAI Miami. “Not only is Prado Shopping Center 100% leased, the quality of tenants in the center benefit both the owner and the surrounding community.”

When NAI Miami began leasing the space in 2009, the shopping center had several empty spaces and a lack of strong tenants in between the encap units. “TJ-Maxx, Pier 1 Imports, and Red Lobster have always been strong” said Brandon Weiss who worked with Schmidt in the lease up. “The center needed quality tenants to fill in the middle units.”

Now those tenants include The Keyes Company, Sprint, Sally Beauty Supply, Chana Thai Restaurant, Peter of London, The Nail Lounge, Frame Art, and Falls Dental Care.

The Prado Shopping Center was built in 2002 and is a 55,150 square foot retail strip center with 240 parking spaces.

About NAI Miami

NAI Miami is a commercial real estate organization with the passion, dedication and expertise to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble responsive structure enabling us to efficiently deliver superior result. To learn more, visit www.naimiami.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management. To learn more, visit www.naiglobal.com.

NAI Miami Negotiates Purchase of Industrial Building and Adjacent Land Parcel in Miami, Florida

/in , /by

For Immediate Release

Contact:
David Oxios
786-476-8169
do****@na******.com

NAI Miami Negotiates Purchase of Industrial Building and Adjacent

Land Parcel in Miami, Florida

MIAMI, FLORIDA – NAI Miami, a member of the world’s premier managed network of commercial real estate firms, announced today David Oxios recently negotiated the purchase a 3,119 Square foot industrial building and an adjacent land parcel, totaling a combined 13,269 square feet lot located at 3195 & 3155 NW 20th Street, Miami, Florida for his client Hatecke Marina, LLC. The sellers were Estate James D. Nall Co., Inc. and James D. Nall Yacht Services, LLC.

This was not an arms-length transaction, as the sale was part of an Assignment for the Benefit of Creditors case. Buyer successfully out bid competing parties for the right to put property under contract and subsequently closed.

About Hatecke Marina, LLC (HML)

Hatecke Marina, LLC is planning to utilize this property to serve as a Marine Service Center carrying out MRO duties for the Hatecke Group and the broader Cruise Industry. HML plans to provide complete overhauls of lifeboats, tender boats, and rescue boats including point to point delivery from the Port of Miami to the newly created Marine Service Center located along the Miami River. HML also intends to provide refurbishments, engine services, and maintenance for recreational boaters.

About NAI Miami

NAI Miami is a commercial real estate organization with the passion, dedication and expertise to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble responsive structure enabling us to efficiently deliver superior result. To learn more, visit www.naimiami.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com or www.naiglobalnewslink.com.

NAI Miami Donates over $1000 to Direct Relief to Help Puerto Rico Earthquake Recovery Efforts

/in , /by

For Immediate Release

Contact:
Jackie Larkin, Director of Marketing
305.938.4000
ja**********@na******.com

MIAMI, FLORIDA – NAI Miami, a member of the world’s premier managed network of commercial real estate firms, announced today a donation of $1,380.60 has been made to Direct Relief for assistance in the recovery efforts cause by the many earthquakes Puerto Rico has been facing since December 28th.

“We are proud to support Direct Relief to help deliver necessary medicine and other essential equipment to the people of Puerto Rico”, said Jeremy Larkin, CEO of NAI Miami. “Given our close proximity and connection with many people who are currently living in Puerto Rico, we have a personal interest in helping our neighbours as it touches the lives of so many people in our community.”

The U.S. Geological Survey reported that over 500 earthquakes of magnitude 2 and above have hit Puerto Rico since December 28, 2019, including a 6.5 and 5.8-magnitude quakes this month.

Widespread power outages, a lack of running water, and ongoing tremors with the ability to potentially take down more structures are the most pressing issues facing the U.S. territory, in addition to about 2,000 evacuees who have left their homes in the southern part of the island, according to the Ivonne Rodriguez-Wiewall, head of Direct Relief’s Puerto Rico office.

“People are still very scared,” she said, while traveling with physicians and mental health care providers between four shelters around Guayama, Guánica, and Ponce.

“In Ponce, you can see the earth literally cracked.”

Dozens of homes collapsed in Guánica, according to that city’s mayor, and images of heavily damaged structures have emerged from locales throughout the southern part of the island.

“They’re moving into open spaces now, the earth is still shaking,” Rodriguez-Wiewall said.

“People didn’t know if it’s okay to drive, so they’re staying together… Authorities are evacuating everyone from buildings, including nursing homes and hospitals, more than two stories high.”

Rodriguez-Wiewall said close to 2,000 people have moved into open spaces and will be sleeping in FEMA and military-provided tents with cots.

Along with hundreds of other structures, the earthquakes have caused damage at three major hospitals in the south, which are being powered by generators. After visiting various shelters, Rodriguez-Wiewall said fear of structural damage and uncertainty about aftershocks have deterred some people from seeking out medical attention at hospitals and health care clinics in the area, making the mobile units and jeeps that were donated after Hurricane Maria key to medical response efforts.

Another resiliency measure — solar-powered water pumps — has also proved to be beneficial. The pumps, which were installed in communities located in the center and southeastern parts of the island with the help of Por Los Nuestros, have held up and allowed locals to maintain access to potable water, which was one of the most pressing issues after Hurricane Maria, and is currently a major concern in the aftermath of the earthquakes, especially in the south.

In response to the earthquakes, Direct Relief is sending essential medicines and supplies to Puerto Rico to supply 10 medical health provider teams at the request of Puerto Rico’s Department of Health.

Rodriguez-Wiewall said her team’s next steps are to continue planning a hub of medical services in Guánica, which is one of the biggest centers for displaced people, while responding to requests from local mayors.

About NAI Miami

NAI Miami is a commercial real estate organization with the passion, dedication and expertise to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble responsive structure enabling us to efficiently deliver superior result. To learn more, visit www.naimiami.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management. To learn more, visit www.naiglobal.com.

Jeremy S. Larkin Appointed to Past Chairman’s Council of NAI Global Members’ Leadership Board

/in , /by

For Immediate Release

Contact: Jackie Larkin
305.938.4000 Ext. 148
ja**********@na******.com

MIAMI, FLORIDA: Jeremy Larkin, Co-Chairman, NAI Miami, has been appointed to the Past Chairman’s Council of the NAI Global Members’ Leadership Board. NAI Global is a leading global commercial real estate brokerage firm.

“We are very pleased to continue to have Jeremy’s experience, guidance and support available to the Leadership Board,” said Jay Olshonsky, President of NAI Global. “The continued success of NAI Miami is a testament to his leadership skill. Our offices are very fortunate and benefit greatly from his experience.”

The NAI Leadership Board provides proactive leadership to increase the profitability, professionalism, technical capability, integrity and standards of practice that reinforce and foster mutual trust and respect throughout the enterprise. It fosters and promotes activities, education and communication that elevate the level of engagement and productivity of Members, Agents and the Organization at-large.

Larkin previously served as Chairman of the Leadership Board and on the NAI Global Leadership Board’s Coordination Council, comprised of executive officers, immediate past chairman, and NAI Global’s executive leaders. This group assures the alignment of strategies, goals and objectives so the organization can perform with the greatest degree of efficiency under a shared vision.

“I enjoyed my time as Chairman of NAI Global’s Leadership Board. It gives me great pleasure to continue to work with my colleagues from around the globe to enhance the depth and breadth of the brand and expand NAI Global’s platform to enable all members to grow their market share and profitability”, Larkin stated.

Larkin is one of the founding principals at NAI Miami which was formed in 1996. He primarily focuses on investment sales, distressed assets and private client services. Jeremy has been the recipient of several prestigious awards including numerous CoStar Power Broker Awards and South Florida Business Journal’s (SFBJ) Heavy Hitter’s Awards, SFBJ’s 2017 Power Leaders in Commercial Real Estate, and the 2013 SFBJ’s Ultimate CEO Award for Miami-Dade County, Florida.

About NAI Miami

NAI Miami is a commercial real estate organization with the passion, dedication and expertise to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble responsive structure enabling us to efficiently deliver superior result. To learn more, visit www.naimiami.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.

To learn more, visit www.naiglobal.com

NAI Miami Negotiates Purchase of 7-11 in Lehigh Acres, Florida for $3.88 Million

/in , /by

For Immediate Release

Contact:
Edward Schmidt, CCIM
305-938-4000
es******@na******.com

 

MIAMI, FLORIDA – NAI Miami, a member of the world’s premier managed network of commercial real estate firms, announced today Edward Schmidt, CCIM and Armando Bertematti recently negotiated the purchase of a 3,010 square foot retail 7-11 situated on 1.18 acres located at 55 Joel Boulevard in Lehigh Acres, Florida, for their client, 6950, Inc. The seller is Sered Joel, LLC.

About NAI Miami

NAI Miami is a commercial real estate organization with the passion, dedication and expertise to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble responsive structure enabling us to efficiently deliver superior result. To learn more, visit www.naimiami.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.

To learn more, visit www.naiglobal.com

Macy’s Ownership Announcing 125 stores closing (including Bloomindale’s Locations)

/in , /by

On Tuesday Macy’s announced it would be closing around 125 stores over the next three years. Closing its least productive stores in lower-tier malls and cutting 2,000 corporate jobs to stay afloat in the age of online shopping.

An updated list of store closures starting in 2020 was released on February 5, 2020.

On the list was four Florida locations including Bloomingdale’s (owned by the same company as Macy’s) at the Falls Mall in Miami.

“The store referenced as closing at the Falls is Bloomingdales, not Macy’s. I would expect a closing of the Macy’s store also, but it has not been announced.” Comments Edward Schmidt, Co-Chairman of NAI Miami.

Read the full article.
 https://wgntv.com/2020/02/05/first-round-of-macys-store-closures-announced-tmw/

 

Super Bowl Traffic Advisory on Behalf of Miami Downtown Development Authority

/in , /by

Super Bowl LIVE is a week-long fan fest FREE of cost to guests of all ages. Located in Bayfront Park, the festival will have a Huddle Down Community Stage, Road to the 11th Super Bowl, Tailgate Town featuring a Culinary stage, water shows, an environmental village, evening parades, fireworks and so much more.

For more information click here.

Below please find detours and routes during the event. There will be police presence throughout the entire week during event times. Have your building decal ready in the event an officer needs to see it. DOWNTOWN ROAD CLOSURES – SUPER BOWL WEEK CLICK HERE. ADRIENNE ARSHT CENTER CLOSURES CLICK HERE. BUS DETOURS CLICK HERE.

NO DRONE ZONE

Increasingly common drones are considered such potentially lethal weapons that the Federal Aviation Administration has imposed a “No Drone Zone” as part of a temporary flight restriction for this year’s Super Bowl. It will extend for a 30-mile radius from and 18,000 feet above Hard Rock Stadium.  The FAA will also restrict drones for one-mile and up to 2,000 feet around two areas more than 10 miles from the stadium that are expected to draw hundreds of thousands of visitors to Downtown Miami and Miami Beach in the  week leading up to the game.

The FAA released a 35-second video on Youtube called the “No Drone Zone.” The video warns anyone that is flying a drone could face stiff fines  and even prosecution.  Enjoy the The BIG Game. Leave your drone at home.

NAI Miami Engaged to Lease and Manage the Retail Component of Midtown Doral

/in , /by

For Immediate Release

Contact:
Jeremy S. Larkin
305-938-4000
jl*****@na******.com

NAI Miami Engaged to Lease and Manage the Retail Component of Midtown Doral

MIAMI, FLORIDA – NAI Miami, a member of the world’s premier managed network of commercial real estate firms, announced today it has been selected to lease and manage the retail component of the Midtown Doral DevelopmentMidtown Doral, located at 7800 N.W. 107th Avenue, Doral, Florida, is a new mixed use development, featuring four, eight story buildings, 537 residential units, two, four story connected parking structures offering 1,500 parking spaces, 70,000 square feet of retail stores, water features, engaging public spaces and gathering places.

Designed to complement and extend the adjacent Doral Commons, a Publix, TJ Maxx anchored shopping center, Midtown Doral Retail offers small shop space with excellent visibility on SW 107th Avenue, expansive parking and a captive audience of the residents occupying the 537 residential units above the stores. Current retailers include:

  • Play X3
  • RedZone Fitness
  • Holy Shakes
  • Pure Joy – Blo
  • Caravela Travels
  • Aprile Pizzeria
  • Cancun Grill
  • Club Pilates
  • Venetian Nails
  • Blo
  • MIA Beauty Center
  • Spot Barber Shop

“We are very excited for the opportunity to work with our client on this incredible new project managing and leasing Retail Buildings 1 & 2”, said Jeremy Larkin, Co-Founder and CEO of NAI Miami. Given our experience in retail development and leasing; combined with our long-term successful track record in Doral, we are confident we will develop an optimal mix of uses and experiences for the residents of Midtown Doral and the surrounding area.

Jeremy Larkin will be responsible for the leasing of Retail Buildings 1 and 2 which has roughly 35,000 square feet of retail and restaurant space. Storefront are available from 470 to 3,599 square feet. Jeffery Buell will lead all Property Management functions.

About NAI Miami

NAI Miami is a commercial real estate organization with the passion, dedication and expertise to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble responsive structure enabling us to efficiently deliver superior result. To learn more, visit www.naimiami.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management. To learn more, visit www.naiglobal.com.

NAI Miami Negotiates a Five Year Office Lease for 7800 Red Road Building

/in , /by

For Immediate Release

Contact:
Edward Schmidt Sherry Halstead
305-938-4000 305-938-4000
es******@na******.com sh*******@na******.com

NAI Miami Negotiates a Five Year Office Lease for 7800 Red Road Building

MIAMI, FLORIDA – NAI Miami, a member of the world’s premier managed network of commercial real estate firms, announced today the team of Edward Schmidt, CCIM and Sherry Halstead negotiated a 5 year, 911 square foot office lease for their client, 7800 Red Road, LLC located at 7800 Red Road in South Miami, Florida. The tenant is Furshman and Davis Chiropractic Centers, Inc., and was represented by Re/Max Advance Realty.

7800 Red Road is 60,923 square foot newly renovated class “A” office building conveniently located in South Miami. Offices are still available from 755 square feet at $43-$45 per square feet full service.

About NAI Miami

NAI Miami is a commercial real estate organization with the passion, dedication and expertise to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble responsive structure enabling us to efficiently deliver superior result. To learn more, visit www.naimiami.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com

NAI Miami Engaged to Represent Terminix International LLC throughout North America

/in , /by

For Immediate Release

Contact:
Larry Gautier
305-938-4000
lg******@na******.com

NAI Miami Engaged to Represent Terminix International LLC throughout North America

MIAMI, FLORIDA – NAI Miami, a member of the world’s premier managed network of commercial real estate firms, announced today that it has been selected to represent Terminix International LLC a wholly owned subsidiary of ServiceMaster Global Holdings with its real estate requirements throughout North America.

“We are thrilled to help Terminix and show the power of the NAI Global network”, said Larry Gautier Senior Vice President of NAI Miami. “Not only are we helping with acquiring new locations but negotiating current leases and selling assets when required. We are confident in our global network and that we have the right brokers in the right places to help them succeed and meet their commercial real estate goals”

About NAI Miami

NAI Miami is a commercial real estate organization with the passion, dedication and expertise to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble responsive structure enabling us to efficiently deliver superior result. To learn more, visit www.naimiami.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management. To learn more, visit www.naiglobal.com.