According to the NAIOP Industrial Space Demand Forecast, absorption in 2025 is expected to be around 249 million square feet, and the figure in the first half of 2026 could be about 154 million square feet, assuming there is a soft landing of interest rates. If a hard landing materializes, net absorption could significantly underperform.
Once serving as the headquarters for US Southern Command and subsequently, the Miami Herald, the two-story,158,268-square-foot flex office building is situated on nine acres located at 3511 NW 91 Ave.
The “smart” warehouse is more than a sci-fi fantasy. This vision of a futuristic warehouse is closer to reality than you might think. While these technologies offer promising benefits, their implementation can be challenging as well.
The development is projected to break ground in the second quarter of 2025.
The IOS asset type is now reaching a stage of transition that is creating new opportunities to create value for existing owners and new market entrants. Owners can add benefits to their properties such as security, storage yards and other improvements.