The buyer of all three deeds was Southeast Commercial LLC, an affiliate of Salt Lake City-based Property Reserve. Industrial rent has surged in Miami-Dade County in recent years, so new warehouses have often sold for a premium.
In Seven Supply Chain Predictions for 2024, the logistics development powerhouse makes some appropriately large-scale forecasts. And how did Prologis’s forecasts for 2023 fare? A bit mixed, but more right than wrong.
Miami-based Banco do Brasil Americas provided the mortgage to Flightway Ten. It covers the five-acre site at 6175 N.W. 102nd Ave. The developer purchased the property for $3.9 million in 2014 and was approved for 60,941 square feet of warehouses and 10,689 square feet of retail.
Florida Gov. Ron DeSantis has unveiled his transportation budget for the coming fiscal year. The budget includes $25 million for truck parking. Dubbed Focus on Florida’s Future budget proposal for fiscal year 2024-2025, the plan includes $15.6 billion for transportation to target critical congestion relief and safety projects. The governor’s administration says the proposal allows the Florida