Latest News Archives - Page 78 of 238 - Miami Airport Warehouses

25
Jan
0
By:ADMIN

South Florida Industrial Market Softens, Rents Rise Again In Fourth Quarter

South Florida’s industrial market slowed down slightly in the final quarter of last year, as vacancies inched up while asking rents rose again. The tri-county region posted a 4 percent vacancy rate compared to 3.4 percent during the same period of the previous year, according to a recent Newmark report. And leasing activity across Miami-Dade,

23
Jan
0
By:ADMIN

Tight Industrial Supply Turns Subleases Profitable

Some dynamics of logistical and industrial space leasing are feeling pressures of inadequate supply, according to a panel of NAI Global industrial and logistics real estate experts meeting virtually. Although demand pacing ahead of supply had become expected by partway through the pandemic — industrial with multifamily being the two darling property types for owners

18
Jan
0
By:ADMIN

Moving Miami-Dade’s Urban Development Boundary Could Jeopardize Work To Restore Water Flow To Biscayne Bay

Late last year, just before Miami-Dade County Commissioners made the controversial decision to move the urban boundary that protects wetlands and farms to make way for a warehouse complex in South Dade, former chairman Jose ‘Pepe’ Diaz lectured opponents at the crowded commission chambers. “It is not environmentally sensitive land,” he said. “What is important is that

16
Jan
0
By:ADMIN

Investors Eye Industrial Assets With Shorter WALTs As Capital Costs Rise

Industrial assets with shorter weighted average lease terms, known in industry parlance as WALTs, are becoming more attractive to investors as leases set to roll in the near term increasingly pose the opportunity for “substantial” income gains, according to new research from Newmark. The firm notes that nationally, market rent growth has “far surpassed” industrial

11
Jan
0
By:ADMIN

Data Center Operator Buys Beacon Station Property For $13.7M

Herndon, Virginia-based EdgeConneX will soon build a data center in western Miami-Dade County after purchasing land in the Beacon Station business park. PFR Investments LLC, managed by Juan Manuel Fayen in Doral, sold the 6.25-acre site near the southwest corner of Northwest 106th Street and Northwest 112th Avenue for $13.7 million to EdgeConneX Miami Holdings, care of