Prologis, led by Hamid Moghadam, wants to expand its already massive Beacon Lakes business park in west Miami-Dade County. The San Francisco-based firm wants to build four warehouses on 55 acres at Beacon Lakes, according to an application submitted to Miami-Dade County late last month. In an emailed statement, Prologis said it wants to add more
A controversial megaproject planned outside Miami-Dade County’s Urban Development Boundary faces new opposition. In the latest move, a resident is asking the state to review commissioners’ recent approval of the UDB expansion. The vote allows for the 5.9 million-square-foot South Dade Logistics and Technology District industrial complex to be constructed in southeast Miami-Dade.
Doral Industrial, a 93,046-square-foot industrial building in Miami, traded for $18.1 million.
A 12-building industrial park in Medley sold for $241 million in one of the biggest warehouse deals of the year in South Florida. Gateway Southeast Properties, care of Chicago-based asset manager DWS, sold the 1.06 million square feet of warehouses at 9200 and 9201 N.W. 97th Ter., 9180 to 9311 N.W. 100th St., 9165 to
All through the pandemic, industrial properties have been among the most desired by commercial real estate investors. But in the current market environment, are industrial assets holding up just as well? Following another bump in interest rates and continuing economic uncertainty, overall industrial deal volume in the U.S. fell 18 percent year-over-year in the third