The San Francisco–based industrial giant has submitted both a pre-application and a site plan for submerged portions of two properties located at 6701 N.W. 7th St. and 6505 Blue Lagoon Drive.
The continued demand for industrial space is keeping market fundamentals healthy across the U.S. The national average rent for in-place leases stood at $7.12 per square foot in February, growing 6.9% over year-ago figures.
An affiliate of Turkish cosmetics company Farmasi has proposed a second warehouse in Doral, although this one would be rented to third parties. The City Council will hold a zoning hearing Aug. 24 to consider plans for the 2.31-acre site at 10405 N.W. 19th St. ForTuna Real Estate LLC, managed by Emre Tuna of Farmasi, bought the