The industrial sector led the way in investment sales, contributing $22.8 billion in the fourth quarter, a 31% increase from the prior quarter. Looking ahead to 2025, investors are expected to continue favoring industrial and e-commerce assets.
The South—particularly the Southeast—is the fastest-growing manufacturing area. Over the past decade, the South has added more than 100 million square feet of new manufacturing space, and nearly half of all the space under construction in the U.S. is now in the South.
Florida’s industrial market is showing signs of stability from Jacksonville to Miami. Moving into 2025, the effects of economic shifts are shaping a unique business landscape, creating a more predictable environment for development. With the tension between supply and demand easing, business leaders are growing more optimistic.
San Francisco-based Prologis filed an administrative modification application with county officials for the 18.5-acre site at 9700 N.W. 112th Ave., in the Flagler Station business park near Doral.