Interest In Industrial Properties Remains Top Priority for Investors

Danny Zelonker, CCIM, SIOR, principal at Coral Gables-based Real Miami Commercial Real Estate, along with son, Gabriel Zelonker, also with Real Miami Commercial Real Estate, has closed three sales transactions totaling $6,520,000.
The deals include:

  • The sale of 3754-3758 NW 54 Street in Miami, Florida. The building, a 50,183 square foot industrial warehouse owned by TotalBank, sold for $2,020,000 to a metal company. Gabriel Zelonker and Danny Zelonker represented the bank in the transaction. Yanai Nassar, Realtor Associate at Miami Riviera LLC, represented buyer.
  • The sale of a 25,751-square-foot office showroom located at 630 W 84 Street in Hialeah. The Zelonkers represented the seller, Kiran, in the $1,600,000 sale, which closed on March 9. Veronica Vedder of The Vedmon Group represented the buyer, an aviation company.
  • 151 NW 24 StThe sale of 6,425-square-foot free-standing property within the Emerson Dorsch Gallery. The space, which sold for $2,900,000, also features an outdoor green space, a rarity in Wynwood. The transaction closed on March 19. Danny Zelonker CCIM, SIOR  and Gabriel Zelonker represented the buyer, a New York fund led by John Krasner and Chaim Cahane. Geoff Dormey and David Spillers SIOR represented the seller, Emerson Dorsch Gallery.

The deals bring the total number of properties sold by Danny Zelonker, CCIM, SIOR in the past nine months to 10, further asserting the strength of the South Florida industrial market.
Zelonker was recently quoted in the January/February issue of Commercial Investment Real Estate, the magazine of the CCIM Institute. Please read his comments in “Your Next Move,” which is available in the PDF file accompanying this release. To read the entire issue, visit http://cire.epubxp.com.

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