MIAMI—Doral is seeing plenty of commercial real estate action recently. The latest deal to go down saw Intcomex sign a long-term lease extension for its headquarters.

Intcomex took down 172,926 square feet at International Distribution Center. Located at 3505 NW 107th Ave, Clarion Partners owns the sales and distribution operation. Transwestern managing directors Walter Byrd and Ben Eisenberg, along with senior vice president Thomas Kresse, represented Clarion Partners.

“Airport freight is the primary driver for the demand of space in Airport West market,” Byrd tells GlobeSt.com. “As Miami International Airport continues to lead the nation in the flow of international air cargo, demand for all space will only continue to increase in the Airport West submarket. We expect the demand for the highest quality assets to strengthen and result in strong rent growth."

Although the completion of the improvements related to the Panama Canal and the Port of Miami about two years away, Byrd is already seeing the impact on the industrial real estate market in Miami. He says the largest and most sophisticated companies are looking to lock-in space for the long term in anticipation of the increased flow of goods.

Intcomex is a good example. Intcomex is a distribution company serving Latin America and the Caribbean with a wide variety of information technology (IT) products, including computer equipment, components, peripherals, mobile devices, software, computer systems, accessories, networking products and digital consumer electronics.

“As the demand for the highest quality and most functional buildings increases, new construction is expected with a few projects already breaking ground,” Byrd says. “We should see some significant and large tenants enter into long-term lease commitments over the next few quarters.”