Industrial has been the star of all the different sectors coming out of Covid, especially in metropolises that are super high density like South Florida. With a constraint on land, one of the growing trends in CRE is converting vacated office space into industrial use.
The “smart” warehouse is more than a sci-fi fantasy. This vision of a futuristic warehouse is closer to reality than you might think. While these technologies offer promising benefits, their implementation can be challenging as well.
The IOS asset type is now reaching a stage of transition that is creating new opportunities to create value for existing owners and new market entrants. Owners can add benefits to their properties such as security, storage yards and other improvements.
The economic analysis of Doral recently presented by Florida International University shows that Doral has an excellent reputation as a safe, modern, and efficient city for business and that the city continues to leverage its strengths.
As evidenced by Prologis Research’s U.S. Industrial Business Indicator, a post-pandemic building boom is coming to an end, with only 46 million square feet of speculative projects breaking ground in Q2. This will leave customers with dwindling options in many locations and size categories.