Amazon. com Inc.’s decision to throttle back on its e-commerce operations threatens to slow the growth of the industrial-space sector, one of the hottest areas of commercial property.
Alpine Fresh has proposed a cold storage facility for produce in Sweetwater. The facility would total 77,000 square feet, with 10,035 square feet of office space on the second floor and the rest of the space dedicated to cold storage. There would be 102 parking spaces and a dozen loading spaces for tractor trailers.
Prologis said unprecedented “pent-up” demand for warehouse space due to e-commerce growth and inventory restocking will continue to outpace supply and new construction, holding industrial vacancy rates in 2022 at a record-low 3.3%.
Marc Vayn, founder and chairman of American Technologies Network (ATN) Corp., said in just two years his company has expanded its presence in Doral from a small satellite office into a 35,000-square-foot facility at 2400 N.W. 95th Ave. And that growth hasn’t stopped. Vayn said ATN Corp. will lease another 14,000-square-foot space next year to
Miami real estate development duo Jose Hevia and Stephen Blumenthal are not afraid of taking risks, let alone catching heat. While developers’ proposals often anger residents who are fearful of traffic congestion and the loss of green space, Hevia and Blumenthal’s plan is so controversial, it’s on a scale that Miami-Dade County has not seen
