The nation’s industrial real estate market is headed toward the closing months of 2022 with strong demand overcoming uncertainty about the course of the global economy. Leasing of logistics, manufacturing and warehouse properties has been hitting records during the third quarter as businesses and investors also build and buy industrial properties at near-record levels, analysts
Industrial real estate has been the standout sector in real estate for close to a decade, and the pandemic only further entrenched its position. While other sectors of the economy ground to a virtual halt, consumers’ accelerated shift toward e-commerce made industrial one of the few assets to benefit from lockdowns and social distancing.
Xipron, Inc. d.b.a. Tiendamia has inked an industrial lease at 8404 NW 90th Street in Medley. Tiendamia signed a long-term lease for approximately 32,670 square feet in the recently completed Building 11 which fronts NW 90th Street.
Former President Donald Trump has another real estate venture in Doral. The city is considering an application submitted on a plan to build gleaming luxury towers with more than 2,000 units proposed at the Trump National Doral Miami property.