The 7.3% year-over-year increase is good news for landlords that have been coping with a supply surge, but the overall industrial market is still down from its record highs in 2022.
The sprawling cow pasture — situated on the corner of NW 107th Avenue and NW 41st Street — has long been a familiar landmark for Miami locals. However, the 175-acre green space will soon make way for Bridge Point Doral, which is set to comprise more than 2.6 million square feet.
The latest plans for Trump Doral International call for 1,498 condos in four towers of 20 stories each, 141,694 square feet of commercial space with mostly retail and restaurants, and a significant amount of public space, including a public plaza.