Seagis Property Group announced today that it has acquired a 53,000 square foot distribution facility located at 10005 NW 58th Street in Doral. The two-unit warehouse was purchased through a 50% sale-leaseback. There is currently a 26,500 SF vacancy available for immediate occupancy. The acquisition increases the Company’s South Florida portfolio to 110 buildings and over 5.6 million square
New details in Prologis’ Industrial Business Indicator report show just how much of an uphill climb supply will have before it meets current and future demand.
What so many Americans want, they can’t have yet. It’s probably sitting in a container aboard a cargo ship off of America’s coastline, waiting to be unloaded. So many of the goods that Americans crave are made in China, which shut down its factories to help limit the spread of COVID. Now that they’re back
Everyone is becoming more accustomed to seeing small trucks roam their neighborhoods, delivering goods ordered online. But even as the coronavirus pandemic greatly intensified demand for these services, most municipalities are reluctant to approve proposals to develop new industrial service facilities where distributors and other businesses can store, maintain or dispatch vehicles, heavy equipment or bulk
