The South Florida real estate industry generally focused on the urban core for the office market. But it is now increasingly checking out the suburbs with new construction — 40 of 50 buildings — rising outside the central business districts. CLICK ON THE HEADLINE FOR MORE
The South Florida office of Duke Realty announced that Miami Industrial Logistics Center, its three-building, 676,835-square-foot industrial hub, is 93 percent leased, just 18 months after it acquired the newly constructed, completely vacant industrial development.
The first phase of the Class A distribution park is Building F, which will be 147,768 square feet, with units available from 17,280 square feet and up. CLICK ON THE HEADLINE FOR MORE
Miami-Dade commissioners OK’d spending $8.9 million on 10 acres in Doral to create a “buffer zone” between the county’s Resources Recovery Facility and nearby residential and commercial developments that over time have encroached on the building.
