{"id":8005,"date":"2021-12-22T11:01:54","date_gmt":"2021-12-22T16:01:54","guid":{"rendered":"https:\/\/www.lee-associates.com\/southflorida\/?p=8005"},"modified":"2025-04-22T19:24:47","modified_gmt":"2025-04-22T23:24:47","slug":"miami-today-discusses-doral-multi-story-warehouse-proposals-with-matthew-rotolante","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/southflorida\/2021\/12\/22\/miami-today-discusses-doral-multi-story-warehouse-proposals-with-matthew-rotolante\/","title":{"rendered":"Miami Today Discusses Doral Multi-story Warehouse Proposals with Matthew Rotolante"},"content":{"rendered":"<div id=\"pl-8005\"  class=\"panel-layout\" ><div id=\"pg-8005-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-8005-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-8005-0-0-0\" class=\"so-panel widget widget_sow-image panel-first-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-c67d20f9f743-8005\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.miamitodaynews.com\/2021\/12\/21\/multi-story-doral-warehouses-proposed\/\"\n\t\t\ttarget=\"_blank\" rel=\"noopener noreferrer\" \t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2021\/12\/PR-Banner-Media-Feature_2021-Miami-Today.png\" width=\"1250\" height=\"521\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2021\/12\/PR-Banner-Media-Feature_2021-Miami-Today.png 1250w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2021\/12\/PR-Banner-Media-Feature_2021-Miami-Today-512x213.png 512w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2021\/12\/PR-Banner-Media-Feature_2021-Miami-Today-768x320.png 768w\" sizes=\"(max-width: 1250px) 100vw, 1250px\" title=\"Miami Today Discusses Doral Multi-story Warehouse Proposals with Matthew Rotolante\" alt=\"Miami Today Discusses Doral Commercial Real Estate Market with Lee &amp; Associates South Florida President, Matthew Rotolante, SIOR, CCIM\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><div id=\"panel-8005-0-0-1\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8006\" src=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2021\/12\/Miami-Today-512x173.png\" alt=\"\" width=\"415\" height=\"140\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2021\/12\/Miami-Today-512x173.png 512w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2021\/12\/Miami-Today-768x259.png 768w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2021\/12\/Miami-Today.png 960w\" sizes=\"auto, (max-width: 415px) 100vw, 415px\" \/><\/h3>\n<h3 style=\"text-align: justify\">Multi-story Doral warehouses proposed<\/h3>\n<p>&nbsp;<\/p>\n<p>Doral\u2019s commercial industrial rental rates has seen a climb to the point where multi-story vertical warehousing projects are being considered, <a href=\"https:\/\/www.miamitodaynews.com\/2021\/12\/21\/multi-story-doral-warehouses-proposed\/\">according to local real estate experts<\/a>.<\/p>\n<p>The process of developing and planning vertical warehouses is more expensive for owners due to specific accommodations to operate, said <a href=\"https:\/\/www.lee-associates.com\/southflorida\/our-team\/matthew-rotolante\/\"><strong>Matt Rotolante<\/strong><\/a>, president of <a href=\"https:\/\/www.lee-associates.com\/southflorida\/\"><strong>Lee &amp; Associates South Florida<\/strong><\/a>.<\/p>\n<p>\u201cIn order for a multi-story warehouse, which has been feasible in New Jersey, ramps need to be created for the trucks to get in and out without too many issues,\u201d he said, \u201cand in order to accommodate all that, you have to have rental rates that are high enough where such a project becomes feasible. We\u2019re definitely getting to that point.\u201d<\/p>\n<p>E-commerce style companies, like Amazon, are taking up large boxes to support the amount of demand and traffic their websites are creating, Mr. Rotolante added.<\/p>\n<p>Anything under construction in Doral has already been absorbed and leased, said another commercial industrial associate familiar with the area.<\/p>\n<p>\u201cPre-leasing activity in Doral on new industrial construction historically was like 40%. Now, I think that number\u2019s up in the 70 % range,\u201d he said. \"With warehouse space demand only getting stronger, construction costs are going up along with the rental rates, which are at record numbers.\"<\/p>\n<p>There are plans to demolish an existing industrial property, formerly known as America\u2019s International Center, at 9380 NW 13th St. in Doral and develop a multi-story building. It\u2019s going to be warehouse when they finish but it\u2019s going to be a 32-foot clear reload Class A product.<\/p>\n<p>\u201cThe trend we\u2019re seeing now more of is bigger footprints of tenants coming in Airport West and leasing bigger blocks of space. And again, that could be skewed because there hasn\u2019t been much available,\u201d he said.<\/p>\n<p>An example of this trend is a new $64.2 million construction deal of Modlo Air Logistics Center, a three-building, Class A industrial logistics park totaling 495,073 -square- feet in Doral.<\/p>\n<p>Once completed in the spring of 2022, Modlo Air will be a state-of-the-art warehouse facility with modern features such as a 36-foot clear height and 110 dock-high doors. The center will be constructed on a 23.4-acre site at 7777 NW 41st St.<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-8005-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-8005-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-8005-1-0-0\" class=\"so-panel widget widget_siteorigin-panels-builder panel-first-child panel-last-child\" data-index=\"2\" ><div class=\"panel-widget-style panel-widget-style-for-8005-1-0-0\" ><div id=\"pl-w61c34bf2d36dc\"  class=\"panel-layout\" ><div id=\"pg-w61c34bf2d36dc-0\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-w61c34bf2d36dc-0\" ><div id=\"pgc-w61c34bf2d36dc-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-w61c34bf2d36dc-0-0-0\" class=\"so-panel widget widget_sow-button panel-first-child panel-last-child\" data-index=\"0\" ><div class=\"panel-widget-style panel-widget-style-for-w61c34bf2d36dc-0-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-button so-widget-sow-button-atom-8a742956477b\"\n\t\t\t\n\t\t><div class=\"ow-button-base ow-button-align-center\"\n>\n\t\t\t<a\n\t\t\t\t\thref=\"https:\/\/www.miamitodaynews.com\/2021\/12\/21\/multi-story-doral-warehouses-proposed\/\"\n\t\t\t\t\tclass=\"sowb-button ow-icon-placement-left ow-button-hover\" target=\"_blank\" rel=\"noopener noreferrer\" \t>\n\t\t<span>\n\t\t\t<span class=\"sow-icon-fontawesome sow-far\" data-sow-icon=\"&#xf1ea;\"\n\t\tstyle=\"\" \n\t\taria-hidden=\"true\"><\/span>\n\t\t\tRead Full Article at Miami Today\t\t<\/span>\n\t\t\t<\/a>\n\t<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><div id=\"pg-8005-2\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-8005-2\" ><div id=\"pgc-8005-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-8005-2-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-8b5b6f678277-8005\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.lee-associates.com\/southflorida\/?page_id=7118\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-scaled.jpg\" width=\"2560\" height=\"384\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-scaled.jpg 2560w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-300x45.jpg 300w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-1024x154.jpg 1024w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-768x115.jpg 768w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-1536x230.jpg 1536w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-2048x307.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" title=\"Blog Footer_Industrial Specialty\" alt=\"Industrial Services\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Multi-story Doral warehouses proposed &nbsp; Doral\u2019s commercial industrial rental rates has seen a climb to the point where multi-story vertical warehousing projects are being considered, according to local real estate experts. The process of developing and planning vertical warehouses is more expensive for owners due to specific accommodations to operate, said Matt Rotolante, president of Lee &amp; Associates South Florida. \u201cIn order for a multi-story warehouse, which has been feasible in New Jersey, ramps need&#8230;<\/p>\n","protected":false},"author":76,"featured_media":8007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,105,1818],"tags":[31,1829],"class_list":["post-8005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-industrial","category-land-development","tag-matthew-rotolante","tag-miami-today"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.7 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Miami Today Discusses Doral Multi-story Warehouse Proposals with Matthew Rotolante - Lee &amp; 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