South Florida’s industrial market fundamentals, particularly for bulk warehouse space, blew through the third quarter of 2021 on strong leasing demand and new construction The region’s healthy consumer market and growing population helped push investor and occupier confidence in the industrial market, which is likely to continue through 2022.
Miami International Airport is in talks with a venture that wants to help double cargo capacity within three to five years by building a five-level cargo structure. CCR+Airis made the unsolicited proposal last year, aviation Communications Director Greg Chin confirmed to Miami Today. The $1.1 billion privately funded project would rise on 29.4 acres in
Prologis has proposed a major expansion to its Beacon Lakes Business Park.
Affiliates of Philadelphia-based commercial real estate firm Alterra Property Group paid $25.4 million in two deals for neighboring properties in Medley, according to county records. With the rapid growth in demand for e-commerce services and fast delivery, logistics companies need more space to park their trucks near their warehouses. Often, warehouses in Miami-Dade County don’t
The chairman of the Florida Ports Council says no ports in South Florida are experiencing delays due to supply chain issues, unlike other ports in the US. Leaders of ports along South Florida’s coast said they’re ready to step up and help other ports around the country, as those other ports continue to experience delays