PortMiami plans to spend a grant from the Trump administration to create a $57 million fumigation facility designed to end a detour that tons of produce currently take on their way from Latin America to Miami grocery stores.
PortMiami set a new record-breaking year in collaboration with its partners. During the 12-month period ending Sept. 30, 2019, the port experienced a 3.4 percent gain in cargo with a total of 1,120,000 20-foot equivalent units (TEU) and a 22 percent increase in cruise passenger totals, surpassing its previous world record with an all-time high
Aided by strong supply, consumer spending and other economic indicators, the North American industrial sector is projected to remain one of the leading commercial real estate product types over the next two years, according to Cushman & Wakefield. The firm’s forecast for industrial absorption for 2020-2021 is nearly 460 million square feet, as new supply finally surpasses
New numbers have confirmed that 2019 was a monumental year for industrial real estate, with total volume soaring to a record high of $102B, JLL reports. That propulsion is expected to carry into 2020. JLL predicts industrial volumes in 2020 will continue to boom, with large-scale portfolio deal flows that are slated to finish during
Easton & Associates represented an international food distribution company relocate its South Florida operation from Miami to Doral. American Fine Food Corporation signed a lease for 147,581 square feet of distribution/office space located at 9835 NW 14th Street. Dalton Easton represented the tenant. Devin White of CBRE represented the landlord.
