The economic analysis of Doral recently presented by Florida International University shows that Doral has an excellent reputation as a safe, modern, and efficient city for business and that the city continues to leverage its strengths.
Miami, Doral included, is somewhat resilient in the face of some of the CRE trends that are taking place on a national scale. The city has faced and surpassed the test of time as it has evolved over the years and maintained its prominence in commercial real estate.
Those in industrial CRE are keeping up with foreign exchange issues and the current strength of the dollar, which can be as important as monitoring interest rates. Understanding manufacturing and the global flow of goods means having a grasp of how the relative dominance of a given currency can affect who can afford to make products based on their location.
Florida has 16 ports, including the 10 that handle cargo. The just released annual Seaport Mission Plan by the Florida Ports Council outlines more than $5 billion in capital improvements projects over the next five years focused on dock rehabilitation, port capacity and congestion relief.
In Seven Supply Chain Predictions for 2024, the logistics development powerhouse makes some appropriately large-scale forecasts. And how did Prologis’s forecasts for 2023 fare? A bit mixed, but more right than wrong.