The development requires the demolition of eight office buildings dating back to the 1970s, repurposing the aging office park into a next-generation, LEED-certified logistics hub.
Trends are influencing client decision-making, regional variations in demand, and the opportunities emerging across industrial real estate both now and in the near term.
PortMiami’s dual achievements highlight its dynamic role as both a cargo and cruise powerhouse, contributing billions to the local economy while advancing a future-ready vision of innovation, resiliency, and global connectivity.
Demand for lower-square-footage industrial buildings continues to be fueled by evolving supply chain strategies, last-mile logistics needs and rising consumer expectations.
The logistics demand surge is attributed to the “re-industrialization of America,” fueled by data center development, e-commerce growth, and resilient consumer spending.