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.
The major container ports in the U.S. are expected to see a continued surge in imports with a strike at East and Gulf Coast ports possible in January, and President-elect Donald Trump planning to increase tariffs.
According to a new report from global investment management firm Colliers, big-box industrial product attracted the lion’s share of the record demand in response to the pandemic, and is largely what developers have been building during the ongoing cycle.