After a slowdown following the pandemic-era construction surge, the U.S. warehouse market is showing signs of a rebound. Growing demand for modern, large-scale logistics facilities and improving leasing activity suggest industrial development could accelerate again through 2027.
A concept called the Rule of 1.5 finds that transportation issues impact real estate 1.5 years later. In other words, the concerns specific to the supply chain sector today, will be addressed by industrial real estate over the next 18 months with every year having a new wrinkle.
Considered one of the most sought-after areas in Miami-Dade County, Doral’s commercial and industrial real estate remains strong due to its proximity to Miami International Airport, The whole city is enjoying about 95% commercial real estate occupancy for the second quarter of the year, with some space asking rates at $55 to $65 per square foot.