The four-building distribution business park was purchased by Ares Management from a joint venture partnership between Greystar and Butters Construction & Development.
Centrum Doral Owner LLC, an affiliate of Miami-based Banyan Street Capital, will go before the City Council, seeking to amend the master development plan for the Doral Gateway site.
According to a new research study, the light industrial subsector demonstrates particular resilience even during turbulent times, especially when compared with other property types, including larger industrial assets.
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.