The flood of warehouse space in Miami has been met by steady demand for new facilities fueled by positive demographic growth and robust port activity, long-term trends that bode well for future growth.
Located in America’s Gateway Park, not far from Miami International Airport, the warehouse last sold for $4.8 million in 2015, so it more than tripled in value.
This warehouse is the fifth building in Beacon Logistics Park that Southeast Commercial has purchased from Codina Partners. In December, it purchased four warehouses from the company,
In March, Commissioner Raquel Regalado asked the county to study either bringing aircraft fuel to the airport by train or constructing fuel facilities at the airport that would be accessible by rail. The Commission’s ongoing conversations with the Florida East Coast Railway is all part of the cargo master plan and reconfiguring of the cargo area to make room for bigger airplanes and better utilize cargo space.
These funds will be used for milling and resurfacing segments of NW 12th Street to NW 25th Street, from NW 107th Avenue to NW 87th Avenue. The enhancements will improve driving conditions and increase reliability and safety for the public.