ComReal Secures 116,634SF Lease for Perishable Logistics Company, Bringing Doral Air project to 100% Occupancy
- Edison Vasquez
- Jan 23
- 2 min read
Transaction Details
Size: 116,634 SQ. FT.
Asset Type: Industrial (Cold Storage Conversion)
Location: Doral (Airport West Submarket)
Tenant Rep: ComReal Team led by Edison Vasquez, SIOR, CCIM
Landlord: Terreno
The ComReal Industrial Team, led by Edison Vasquez, SIOR, CCIM, is pleased to announce the successful completion of a long-term lease for +/- 116,634SF at 7755 NW 41st within the Doral Air project. Representing a premier refrigerated logistics company, the ComReal Team secured the final remaining space in the development, officially bringing the 495,123 SF project to full occupancy. The asset is owned by Terreno, one of the nation’s largest and most prominent industrial landlords.
The tenant plans to convert the facility into a state-of-the-art refrigerated hub to meet the surging demand for perishables at Miami International Airport (MIA). As a critical global gateway, MIA handles nearly 90% of all flower imports and over 65% of all produce entering the United States. This location ensures the tenant is positioned at the heart of this vital supply chain. “In a market with limited land and industrial buildings, securing a facility of this scale, in this location with the specific ceiling heights for refrigeration was a major win for our client” commented Edison Vasquez, CCIM, SIOR. “The timing aligned perfectly for both the Landlord and our client, and both parties worked diligently to execute this complex transaction. This transaction highlights our commitment to sourcing specialized spaces even in a tight market.”.
Miami’s Industrial Real Estate experienced a transition in 2025. Vacancy rate at the end of 2025 stood at 6.6%, increase from 5.04% from previous year. Absorption was negative at -640,000SF. Average asking rates stood at $20.77/SF, little change from last year. The ComReal Team has strategically leveraged this market cooling to secure large blocks of space and negotiate favorable terms for our clients. As we move into 2026, we continue to find opportunities for tenants in an increasingly complex environment.
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About ComReal
Founded in 1979, ComReal is a leading industrial real estate firm with a proven track record of facilitating high-value transactions. The ComReal Industrial Team specializes in representing sellers, buyers, landlords, and tenants in the industrial real estate market, leveraging deep industry knowledge and a strategic approach to achieve outstanding results. The team’s specialties encompass a wide range of industrial real estate, including, dry and refrigerated warehouses, manufacturing facilities, rail served buildings, industrial outdoor storage (IOS) and foreign trade zone warehouses.
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