Neighborhoods

Aventura Warehouse Market

Aventura WarehouseAventura – The City of Aventura, formerly known as Turnberry, is a planned city in Northeast Miami-Dade County that was incorporated in 1995. Aventura comes from the Spanish word “adventure”.  According to the latest US census, the city has approximately 36,000 citizens.  It is home to Turnberry Isle Resort & Club, and lays claim to Aventura Mall, which is a 2,400,000 sq. ft. indoor shopping mall, making it the fifth largest mall in the United States.   Aventura is mainly a residential, retail, and office area. It is in the industrial submarket referred to as the North Miami Beach industrial market.  The City of Aventura has very little warehouse space, and is home to a few small flex space users.  

Doral Warehouse Market

Doral WarehouseDoral - The City of Doral, “Tree City USA”, is in northwest Miami-Dade County, Florida.  It is a mix of industrial and residential neighborhoods, and was incorporated in 2003.  It is located west of the Miami International Airport.  It has been named the 3rd best place in the USA to retire (by US News & World Report), 51st in Top 100 places to live and launch a business in the U.S. (according to CNNMoney.com) and it has also awarded – "Playful City USA" in 2010-2011.  The name Doral was derived from combining the names of Doris and Alfred Kaskel, the couple who built the Doral Golf Resort & Spa, now known as Trump National Doral, after the purchase of the resort by Donald Trump.   Doral has a large number of importers and exporters, because of its short distance to Miami International Airport and Port Miami, 1 mile and 12 miles respectively. Some of the major employers in the City of Doral include: Carnival Cruise Lines, Univision, U.S. Southern Command, BE Aerospace, Gold Coast Beverage Distributors, Telefutura, Hellmann Worldwide Logistics, and many government entities.   Doral has over 3,000 logistic associated companies, and it has the #1 Tile District in the United States. Doral has millions of sq. ft. of warehouse space.  Its warehouse vacancy rate at the business parks is around 4% and under 6% for the remainder of the city. The large industrial parks include: PS Business Park’s MICC; Prologis’ Beacon Centre, Beacon Industrial Park and Beacon Lakes; International Corporate Park (ICP); KTR’s Beacon at 97th; and Americas’ Gateway Park.

Florida City Warehouse Market

Street level warehouseFlorida City - Florida City is the southern most city in the city in Miami-Dade County. It was established in 1914 and is now primarily made up of tourist attractions and hotels. Florida City is the gateway to both the Florida Keys and Everglades National Park. It is so close to the Everglades that it is sometimes referred to as "East Glades".  There is a small pocket of warehouse space in Florida City.  This area is mainly on the west side of US 1, between Lucy Street and Palm Drive.  Your average Florida City warehouse is street level and was built in the 1980's.  The tenants and owners are primarily in the automotive, mechanical repair, or service industry. Some of the warehouses were built on extra land and have outside storage, which is difficult to find in the more northern cities of Miami-Dade County. Rental rates average between $7.00 - 8.00 per sq. ft. gross.  Warehouse sales average around $55 per sq. ft.   Florida City also has the farmers market.  These Florida City warehouses are where the local farmers come with their produce and other perishables, and place them into warehouses with cooler space before the product is shipped out all over the United States.