The world’s largest industrial developer and landlord announced a spike in warehouse leasing activity following the U.S. November election, which has improved the company’s outlook for warehouse demand in 2025.
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.