Industrial has been the star of all the different sectors coming out of Covid, especially in metropolises that are super high density like South Florida. With a constraint on land, one of the growing trends in CRE is converting vacated office space into industrial use.
Under this initiative, maritime workers at the port are set to embark on a College Credit Certificate in Logistics and Transportation. The classes, shared with MDC students, plan to cover a wide spectrum of subjects central to supply chain management – from negotiation techniques to project management.
The sprawling cow pasture — situated on the corner of NW 107th Avenue and NW 41st Street — has long been a familiar landmark for Miami locals. However, the 175-acre green space will soon make way for Bridge Point Doral, which is set to comprise more than 2.6 million square feet.
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.