PS Business Park adds 3.2 million sq. ft. center

PS Business Parks, Inc. has announced the topping off a 75,000/sf newly-constructed building at Miami International Commerce Center (MICC), located at 8216 NW 14 Street in Doral.

The new development offers Class A leasing in a variety of unit spaces as part of the MICC industrial park, planned to comprise more than 3.2 million square feet of multi-tenant, light industrial and flex space for local, national and international tenants.

Consistent with a core philosophy to offer the most flexible square foot options, the new, state-of-the-art industrial building can be divided into 3,000 to 7,000 square foot increments to meet special tenant needs. An additional 60,000 square feet of unit redevelopment is also under construction at MICC, planned to accommodate 3,000 square-foot users at street level.

“We are committed to the growth of the South Florida industrial market,” said Viola Sanchez, Southeast Division Vice President of PS Business Parks. “Our product is unique to small to midsized light industrial and freight operations, whose demand for product supersedes the current state of the economy.

“The value proposition for tenants to grow with MICC is compelling,” she added, noting MICC continues to be a leader in growing tenant relationships while serving more than 300 customers.

“MICC has risen in stature as the premiere multi-tenant industrial park within the business and brokerage communities, offering a variety of space types ranging from 2,300 to 100,000 square feet,” she said.

PS Business Parks, Inc., a member of the S&P SmallCap 600, is a self-advised and self-managed equity real estate investment trust that acquires, develops, owns and operates commercial properties, primarily flex, multi-tenant office and industrial space.

As of December 31, 2009, PSB wholly- owned 19.6 million rentable square feet with approximately 3,850 customers located in eight states, including tenancies totaling 3.6 million square feet of space in Florida.

Located immediately west of the Miami International Airport, MICC provides ease of access through connectivity to major thoroughfares in the heart of Doral, South Florida’s largest industrial submarket. For information, tel. 305- 590-1515 or visit < >.

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