Featured Assignments
Our work is shaping the skyline of South Florida.
Miami International Distribution Center
One of the first Class A+ buildings built in Miami-Dade, MIDC was leased to Amazon.com in what became the largest lease transaction of 2014 (Commercial Industrial Association of South Florida – CIASF).
SoMi Station
SoMi Station is a unique mixed-use transit oriented development (TOD) located in one of South Florida’s most desirable markets and accessible intersections US 1 & Sunset Drive. The Underline will run parallel to the project.
Biscayne Bank Tower
Fairchild’s 15-year involvement with this 320,000 SF, 21-story tower includes taking the property in 2002 from mid-60% occupancy to 90% in a span of four years, which led to a successful $100MM valuation and partial sale as an office condo conversion. Through the years, we have continued sales, leasing and subleasing efforts, as well as tenant representation and advising roles.
Downtown Doral Office Park
In the span of only 5 years, Fairchild leased ± 650,000 SF of office space at Downtown Doral. Since obtaining the exclusive listing, we have taken occupancy levels from 65% to 90%, with a 54% increase in rates. In 3 years, we brokered the sale of the remaining 55% of office condos at the 7950 Professional building, at a 25% premium in sale prices. We have successfully negotiated new and renewal leases with over 50 businesses in Downtown Doral.
Miami Tower
I.M. Pei’s 47-story landmark commercial skyscraper, with ± 600,000 SF of office space was under our assignment during the Great Recession. Despite the fact that distress was the main theme of the industry, our leasing service was instrumental from a leasing/marketing perspective in re-naming, maintaining, and stabilizing the asset, and for its subsequent and successful sale at a profit in 2010.
Baptist Health South Florida Centralized Distribution Center
We conducted extensive research to determine the best location for Baptist Health’s 151,000 SF build-to-suit warehouse/distribution center. Once the site was selected and negotiated, the Fairchild team assistedattorneys in all of the different Baptist divisions infinalizing the transaction, as well as advised on industrial design of the new facility.
Centergate I & II
We are the exclusive leasing agents for this new, state-of-the-art 600,000 SF facility centrally located with access to major ports and MIA. Comprised of twin 300,000 SF buildings completed in January 2017, it was awarded “2016 Project of the Year” by the NAIOP Commercial Real Estate Association.
Kendall Summit Medical Park
Fairchild is the exclusive listing agent for Kendall Summit, a five-building Class B 173,600 SF office park with close to 40% medical space. Institutionally owned by one of the largest and most successful national REITS, TA Associates, Fairchild has represented TA in several Miami submarkets, including Coconut Grove, Coral Gables, South Miami and Kendall.
Edgewater Land Deal
Fairchild represented the Agrupación Católica Universitaria (ACU Holdings, Inc.) in the sale of its waterfront property in order to relocate its retreat and student resident facility closer to Miami-Dade university campuses. The sale was successfully completed when a subsidiary of OKO Group led by Vladislav Doronin paid $54 million for the property.
First National Bank of South Miami
After FNBSM hired Fairchild due to our reputation of success with challenging assignments, we were able to offer the bank numerous on and off-market opportunities. We were involved in site selection as well as advising with respect to design and construction within a pre-existing retail space. Today, FNBSM Doral is one of the bank’s most successful branches.
Transal Logistics Center
Fairchild was involved in all aspects of master-planning, designing, concepting, marketing and leasing this industrial park. Within 6 months of obtaining the certificate of occupancy, we leased 100% of the 210,000 SF business park at record rental rates to 9 prestigious tenants. The property is now considered the leader of the new Class A+ parks in the South Florida Industrial market.
The Atrium
Fairchild participated in the sale of The Atrium to Baptist Health South Florida, taking this 160,000 SF building to 95% occupancy, and leasing 46,147 SF to Baptist Health South Florida in what became the 5th largest lease signed in South Florida coming out of the Great Recession.
Beacon Logistics Park
Beacon Logistics Park is the newest logistics and distribution built-to-suit development in South Florida under the Beacon brand—the gold standard in industrial development. We are proud to be able to work with Codina Partners and USAA Real Estate to bring this Class A, 1.3 MM SF industrial development to Hialeah. For more information, visit beaconlogisticspark.com.
Miami Central Commons
Miami Central Commons, formerly Miami Free Zone, will offer a retail showroom and distribution warehouse for users who seek Class A facilities near high traffic areas with Free Trade Zone (FTZ) status. Scheduled to deliver second quarter of 2019, these Doral-based facilities will total 310,000 SF. Our team handles leasing, marketing, website management, and branding for the project; visit miamicentralcommons.com for more information.
Miami Axis Park
Miami Axis Park is an industrial, build-to-suit facility that has immediate access to Hialeah’s labor pool, as well as ideal “last mile” access to Downtown, Brickell, Coral Gables, and Doral. Its location also provides the shortest distance to Miami International Airport and Port of Miami as compared to other industrial areas in Miami. Our team handles leasing, marketing, and branding for the project, which is being developed by Lincoln Property Company.
The Atrium
Fairchild participated in the sale of The Atrium to Baptist Health South Florida, taking this 160,000 SF building to 95% occupancy, and leasing 46,147 SF to Baptist Health South Florida in what became the 5th largest lease signed in South Florida coming out of the Great Recession.
What We Do
Our team of experts has a vast and deep expertise in each field of commercial real estate.
“For decades, I have worked closely with the Fairchild Partners team on many CRE transactions and they have consistently provided excellent service, a very proactive hands-on approach and strong knowledge of their market. They are all true professionals and I look forward to working with them again."
George Pino, SIOR, RPA, President / State Street Realty
Our Customers Have Included...
We strive to provide our customers with the most comprehensive insights into our local market. We have an outstanding track record with the most prominent national and global companies doing business in South Florida.
What's the #CRE Buzz?
The latest happenings in South Florida commercial real estate.
MIAMI HERALD | NOVEMBER 05, 2019 12:17 PM | By Rene Rodriguez Downtown Doral continues its evolution into a self-sustained city-within-a-city. The University of Miami Health System is expanding into the 250-acre mixed-use development with a four-story medical center, to be built near the intersection of Northwest 87th Avenue and 53rd Street. The 100,000-square-foot UHealth Medical Center in Downtown Doral will include a Sylvester Comprehensive Cancer Center, a Bascom Palmer Eye Institute, specialty clinics for cardiology, neurology and primary care, four operating rooms for outpatient surgical procedures and an imaging center capable of mammography, ultrasound, MRI, CT and PET scans. … Read More
As featured in National Real Estate Investor, “Office Space Midyear Outlook: The Case for Office Parks in Campus Settings,” July 31, 2019. Office Space Mid-Year Outlook: The case for office parks in campus settings The low unemployment rate across the country has positively impacted the commercial real estate market by driving down vacancy rates and contributing to rising rents, including rents for office space. The fact that almost 200,000 jobs are being added each month in the United States underscores the economy’s vigor, creating considerable opportunities for real estate developers and investors. With half of the global working population being … Read More
Maria and Sofia attended the CREW-Miami Women’s Forum on May 7, which featured odds-defying entrepreneurs sharing what helped them achieve success, and empowering dialogue regarding how women can achieve success in the workplace. Maria was honored to serve as the panel moderator for three generations of Cervera Real Estate women: Alicia Cervera Sr., who founded the firm 50 years ago and is known as “the Queen of Brickell,” Alicia Cervera Lamadrid, managing partner of Cervera Real Estate, and Alicia Lamadrid Paysse, director of development sales at Cervera. The panel discussion was abundant with valuable insights into what it took to … Read More
Presented at CREW-Miami’s Luncheon Meeting, August 15, 2018 Industrial warehouse vacancies have reached a benchmark of below 5 percent nationally, with rental rates across South Florida heading for all-time highs. The strong market for warehouse facilities has given developers, investors, and brokers in Miami-Dade, Broward, and Palm Beach counties reason to build new product. The challenges and opportunities facing real estate professionals in this market sector, where needs and demands are constantly evolving and changing, was the panel’s focus. FUTURE-PROOFING. Starting with a nod to historic business cycles, moderator Maria Juncadella of Fairchild Partners cited artefacts found at the Miami Circle, a … Read More
The impact of public policy on the practice of medicine has been significant in the last decade. Changes in how medical providers practice go hand-in-hand with innovations in the design and layout of medical facilities. As brokers for medical users, we get to see first-hand the new trends in medical office plans and build-outs. Going Paperless One of the greatest changes with the implementation of EHR (Electronic Health Records) is the elimination of paper charts, and thus, the need for extensive file rooms. Patient notes are taken on mobile devices, further advancing the paperless patient care process. Space that was … Read More
Florida a Leader in Automated Vehicle Technology Most of our fellow Floridians may not know that the Sunshine State is a leader in the study of automated vehicle technology. In fact, from November 14-15, 2017, the 5th Annual Automated Vehicles Conference is being held in Tampa. Closer to home here, the Miami-Dade Transportation Planning Organization is conducting a study on Driver Assisted Truck Platooning or DAPT, another acronym that should be in our new industry jargon. A recent pilot study on DAPT shows Florida’s engagement with the future of transportation in our state. Our local go-to person for the latest … Read More
Last mile delivery As many industry specialists predicted at the beginning of 2017, industrial real estate has remained active in South Florida. Nearing the close of the year, a total of 3.2 million square feet of Class A industrial space has been built in Miami-Dade County, of which 2.5 million square feet remain available. According to a Florida International University (FIU) study in partnership with Fairchild Partners, based on data collected over a dozen years, the average demand for square feet of warehouse per person in Miami has been 78 square feet in the past decade. It will be interesting … Read More
The right mix of talents can be a game changer when it comes to achieving success for a commercial real estate (CRE) team. A diverse combination of talent often eludes current CRE brokerages simply because a relevant “talent roadmap” isn’t always clear. The changing nature of the CRE industry and the speed with which firms need to react to technological advances require a talent mix that is broad and adaptable. Success going forward will not merely depend on an organization’s ability to pivot in the face of rapid innovation, but also in its ability to attract and retain talented team … Read More