Cargill, the largest privately-held corporation in the U.S. by revenue, has leased 70,000 square feet in Beacon Logistics Park– the new, Class A industrial park in Hialeah developed by Codina Partners and USAA Real Estate.
PortMiami plans to spend a grant from the Trump administration to create a $57 million fumigation facility designed to end a detour that tons of produce currently take on their way from Latin America to Miami grocery stores.
Aided by strong supply, consumer spending and other economic indicators, the North American industrial sector is projected to remain one of the leading commercial real estate product types over the next two years, according to Cushman & Wakefield. The firm’s forecast for industrial absorption for 2020-2021 is nearly 460 million square feet, as new supply finally surpasses
A Home Depot distribution facility that will total over 1 million square feet has broken ground in Hialeah. CCP Central South LLC, an affiliate of Miami-based Florida East Coast Industries (FECI), obtained a $98.7 million construction loan from Wells Fargo Bank for the project at 4210 and 4040 W. 108th St. It’s not far from the U.S.
Miller Construction has completed another project for Foundry Commercial, creating 318,043 square feet of next-generation industrial space in two new buildings at Miami Central Commons business park in Doral.
