South Florida industrial owners do not foresee an oversupply of inventory in the next two years, and in fact, contend an additional 50 million square feet of space will be needed over the next five years. CLICK ON THE HEADLINE FOR MORE
The South Florida real estate industry generally focused on the urban core for the office market. But it is now increasingly checking out the suburbs with new construction — 40 of 50 buildings — rising outside the central business districts. CLICK ON THE HEADLINE FOR MORE
The South Florida office of Duke Realty announced that Miami Industrial Logistics Center, its three-building, 676,835-square-foot industrial hub, is 93 percent leased, just 18 months after it acquired the newly constructed, completely vacant industrial development.
The first phase of the Class A distribution park is Building F, which will be 147,768 square feet, with units available from 17,280 square feet and up. CLICK ON THE HEADLINE FOR MORE