The first quarter findings show the South Florida industrial market remains on a stable trajectory, as demand continues to outpace supply. Companies keep wanting to take industrial space. Population growth and other factors all seem to be pointing in a positive direction.
The proposal by SJC Ventures calls for an 86,101-square-foot retail center in six buildings, the largest a 40,080-square-foot grocery store. Being one of the more wealthy areas of Miami-Dade, Doral has the strong demographics that retailers favor.
The 21,890-square-foot building is located in Westport Corporate Park.
The 16.8-acre property, which has housed Ryder’s 248,989-square-foot headquarters office building since 2005, was sold for $42.1 million.
A logistics company with warehouse and distribution centers across the globe has closed on a leasing deal for an industrial building in Hialeah that has not yet been built. Erie, Pennsylvania-based Logistics Plus will occupy an entire 181,051-square-foot warehouse at 9535 N.W. 174th St. within Miami Midway Park. The 42-acre industrial project is now being