Currently under construction, the transformative development will span more than 2.6 million square feet of energy-efficient Class-A industrial space at full buildout.
After four consecutive quarters of decline, the Miami-Dade industrial market showed signs of stabilization, recording 239,864 square feet of positive net absorption.
The new 340,000-square-foot facility—equivalent in size to six NFL football fields—will rise on previously unused land near Northwest 74th Avenue and 12th Street, southwest of the airport.