Industrial didn’t miss a beat in 2020. And it looks like prices in the asset class will continue rising in terms of sales volume and price per square foot, according to CommercialEdge.
Trends Archives - Page 49 of 76 - Miami Airport Warehouses
- 15
Mar - 0
- By:ADMIN
Record Cargo Activity At PortMiam, January 2021 Busiest Month In Its History
PortMiami, one of the top ports in the U.S., processed 113,835 Twenty-Foot Equivalent Units (TEUs) in January 2021, an increase of 21.02 percent from the 94,064 TEUs processed in January 2020, the most active month ever recorded. Between fiscal year to date, Oct. 1, 2020, through Jan. 31, 2021, PortMiami processed a total of 420,838
- 01
Mar - 0
- By:ADMIN
Grocery Wholesaler Buys Hialeah Warehouse For Record $12M
A wholesale grocery company bought a 122,000-square-foot industrial property in Hialeah for a record $11.6 million. Thirty Six Ninety LLC sold the property at 3690 Northwest 62nd Street to Alfoncito Investments. The buyer is tied to Rex Discount wholesale grocery, which will occupy the building, according to a press release.
- 24
Feb - 0
- By:ADMIN
Investor Lines Are Blurring With Smaller Properties
Lines are starting to blur with small properties. Investors that typically make small buys are starting to buy larger properties. And, some investors specializing in large assets are looking at smaller deals in the most popular property types, according to a new report from Green Street’s Real Estate Alert.
- 22
Feb - 0
- By:ADMIN
US Warehouse Boom Attracts Foreign Investors
It’s not just massive firms like Blackstone Group and Prologis that are throwing billions of dollars at warehouses — foreign investors are also pouring money into the booming industrial sector. Investment firms from France, Germany and South Korea are among those that have recently inked big deals for industrial properties, according to the Wall Street Journal. That comes even