CenterPoint Properties has announced the acquisition of a 17.14-acre land site in the Miami-Dade County submarket. Located at 3200 NW 67th Avenue in Miami, this site is currently 100% leased to a leading e-commerce retailer.
Last year, Miami added nearly 10,000 jobs in logistics alone — more than double the number added in any previous year and almost half the number created across the state according to Transwestern’s most recent market reports. Miami’s industrial vacancy rate has been below 5% since 2015, and even with new product having come online,
Outperforming last year’s $401.5 million, South Florida industrial properties were in hot demand in 2018 with the top five industrial sales totaling $478 million. CLICK ON THE HEADLINE FOR MORE
The 961,000-square foot facility has access to six million people in South Florida and is strategically located to cargo ports. CLICK ON THE HEADLINE FOR MORE
With the lowest industrial rate in Miami-Dade at 2.5 percent, the Medley submarket is booming despite the amount of new construction. CLICK ON THE HEADLINE FOR MORE
