Brazil is by far Miami-Dade’s top trade partner, and Paraguay has long had freight ties. But Commissioner Javier Souto, Aviation Director Lester Sola and PortMiami Director Juan Kuryla point to “tremendous” untapped potential for cargo growth with both.
A warehouse in Hialeah could be rezoned to spur multifamily development near a public transit station. The 8.27-acre site at 1101 East 33rd St. has a 159,000-square-foot warehouse constructed in 1956. It’s seven blocks north of the Tri-Rail/Metrorail transfer station, where the regional rail transit connects with Miami-Dade County’s primary public rail system. It’s also
Warehouses in South Florida sold for less this year than in 2018, according to a recent study. But the price per square foot in Miami-Dade was up, indicating a healthy market, say experts. The average sale price for industrial spaces in Miami-Dade, Broward and Palm Beach dipped from $1.9 million in 2018 to $1.6 million
Gyms, cafés and food trucks aren’t just for office buildings and apartments anymore. They’re beginning to show up in warehouses, too.
With retailers today deriving large portions of their business from the internet and looking for ways to cut costs, many tenants are beginning to migrate away from expensive main streets into properties that previously were reserved for industrial uses. Brokers and developers who see this trend say the most likely retailers to make the shift are