Demand for industrial warehouse space in South Florida is on the rise, according to a new study by Colliers International, thanks to e-commerce, new cruise ships and improvement in some Latin American economies.
Cushman & Wakefield has secured a 120,590-square-foot lease with tenant Apollo Export Warehouse at Airport North Logistics Park, a warehouse and distribution center in Miami. Airport North Logistics Park is a recently completed, master-planned logistics park located in the Medley industrial submarket of Miami. The four-building property consists of 900,000 square feet of modern warehouse
Avison Young represented Foundry Commercial in the acquisition of an 18-acre site in Miami for a speculative industrial development of up to approximately 320,000 square feet.
With the rise of e-commerce fueling a surge in industrial real estate demand, savvy developers are learning it takes more than picnic tables to keep tenants happy, especially in cases where the workforce is on property around the clock. This growing realization is giving way to a new type of asset where industrial space is
Longpoint Realty Partners bought a warehouse near Miami International Airport for $6.3 million, as the private equity firm continues to target commercial properties in South Florida.
