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.
Saltbox has expanded its footprint with a new co-warehousing facility in Doral. The 31,000-square-foot space marks the company’s 11th location and its entrance in the Miami market, providing flexibility for small businesses in the community. The Saltbox facility is within a 423,022-square-foot building, constructed in 1992. This property is part of the Prologis Beacon Centre—a 205-acre
South Florida industrial landlords experienced more bountiful returns on their investments during the first quarter, according to a recently released report. In Miami-Dade, demand consistently outpaced supply, even as industrial developers added about 11 million square feet of new warehouse space in the past three years, the JLL report found. During the same time period, Miami-Dade’s