The Miami Herald has decided to move out of their Doral offices at 3511 NW 91 Ave. in August. In a letter to their readers, they state that the current pandemic has accelerated the organization’s ability to work remotely.
Distribution centers are among the fastest-growing class in the industrial sector, particularly due to e-commerce irreversibly impacting the way people shop. The coronavirus crisis, coupled with consumer preference and demand for high-speed shipping service, has boosted demand for last-mile delivery. As a result, design flexibility has become of paramount importance.
Brookfield Property Partners is increasing its presence in South Florida’s booming industrial market. The real estate arm of the Toronto-based asset manager purchased two industrial warehouses at 10800 Northwest 92nd Terrace in Medley for $26.9 million, records show. Oviedo, Florida-based A. Duda & Sons sold the warehouses.
The start of a new decade is an excellent time to look back and reflect on how real estate markets, industries, and returns have changed over the past 10 years. Seeing what new technologies, businesses, and policies altered the market can help investors gain insight into changes that could come in 2020 and beyond. As of
The Easton Group acquired property in Hialeah Gardens and plans to develop it into a distribution warehouse. This would add to the industrial development boom in the northwest corner of Miami-Dade County and potentially help serve the growing e-commerce distribution sector.
