The demand for smart buildings is rising with industrial tenants increasingly drawn to properties designed for robotics, AI-powered warehouse management, and high-capacity electrical systems.
After a $20M buy, Hamilton Development plans an office-to-industrial conversion in the Flagler Station business park—signaling continued weakness in the suburban office market.
Both small and mid-bay industrial landlords and tenants agree — the balancing act is becoming more difficult as economic uncertainty lingers. The key question: how long can they hold out?
Serving multiple functions, from overflow storage and vehicle parking to housing emerging technologies like aerial delivery drones and autonomous trucks, the IOS market is maturing and pricing is becoming more standardized as investor appetite continues to grow.