The Class A warehouse in Medley is situated near major highways with easy access to Miami International Airport and Port of Miami, the region’s busiest import-export centers.
With shipping and freight insurance costs rising significantly, US manufacturers are pivoting to be more local. This has the potential to profoundly impact all types of CRE in markets all over the country.
On multiple occasions, Doral has been recognized among the best places in the United States to do business. It is acknowledged as an excellent location for real estate investment within the state, one of the most robust cities for business creation, and a preferred place to live due to its cultural services, a favorable environment for commerce, and a highly skilled workforce.
The property’s advantageous location allows for easy access to Miami International Airport (MIA) and the nearby MIA Cargo HUB, one of the largest cargo airports in the U.S.A., which aligns perfectly with GSO Aviation’s logistical and operational needs.
According to Newmark’s National Industrial Market Conditions and Trends Report, there will be continued resilience but on a muted scale for industrial assets in 2024. Unpredictability in the global supply chain will drive long-term demand for industrial space due to the need for diversified sourcing and ports of entry,