Although demand for data centers continues to grow nationwide, Miami-Dade’s industrial real estate market has also seen significant expansion. the property’s proximity to Florida’s Turnpike makes it a strategic location for warehouse development.
The Teacher Retirement System of Texas has already pledged $225 million toward the fund. The strategy will focus on acquiring logistics assets in primary, gateway, and select secondary markets where supply is limited and current in-place rents are below market rates.
The recipients were selected as winners of MDIA’s third Public Innovation Challenge. These companies will deploy cutting-edge solutions involving artificial intelligence, computer vision, and data analytics to improve cargo tracking, terminal efficiency, and traffic flow at the port.