Terreno Realty Corp. intends to further expand at Countyline Corporate Park, a 620-acre master-planned industrial campus developed by Florida East Coast Industries in Hialeah. According to a Securities and Exchange Commission Filing from February 9, Terreno plans to pay $173.6 million for a 121-acre site within the Hialeah industrial park where a 2.2 million-square-foot campus is envisioned.
Florida solar contractor SALT Energy recently completed the installation of a 3.24-MW solar project on the roof Badia Spices’ 300,000-sq.-ft manufacturing facility in Sweetwater. The project is currently the largest privately owned solar project in Florida and is capable of offsetting approximately 80% of the facilities electricity consumption.
The global COVID-19 pandemic thrust industrial real estate into the spotlight as more people shopped from home, creating a seemingly insatiable demand for warehouse and logistics space to store and move the goods they ordered. As a result, rent for industrial properties increased 6.3% in 2022 to $7.03 per square foot, and the market set
A controversial industrial project planned for development outside Miami-Dade County’s urban development boundary may be in question once again. Florida’s Department of Economic Opportunity just sent a letter to the county saying Miami-Dade erred in how it handled the approval process, potentially requiring a re-vote with a new commission on the South Dade Logistics and
Late last year, just before Miami-Dade County Commissioners made the controversial decision to move the urban boundary that protects wetlands and farms to make way for a warehouse complex in South Dade, former chairman Jose ‘Pepe’ Diaz lectured opponents at the crowded commission chambers. “It is not environmentally sensitive land,” he said. “What is important is that