A 7.57-acre development proposed along Northwest 41st Street would add more than 45,000 square feet of pharmacy, retail and convenience-store space to one of Doral’s remaining undeveloped commercial properties.
After a slowdown following the pandemic-era construction surge, the U.S. warehouse market is showing signs of a rebound. Growing demand for modern, large-scale logistics facilities and improving leasing activity suggest industrial development could accelerate again through 2027.
Prologis is accelerating speculative industrial development as warehouse leasing rebounds across the U.S. Driven by stronger logistics demand and new federal manufacturing incentives, developers are restarting projects and expanding construction pipelines, signaling renewed confidence in the industrial real estate market after two years of slower activity.
Capital is increasingly concentrated in a single property type, marking data center investment one of the most focused cycles in decades. The scale of growth is striking. In the U.S., spending on data center construction now exceeds all other commercial real estate combined.
Valued at nearly $29.3 million, the development is designed to function as a distribution and logistics hub with convenient access to Miami’s major transportation corridors.