Industrial prices are being driven by a boom that began with COVID-19 and a market that has remained strong despite normalizing demand and muted transaction volume due to elevated interest rates.
pandemic impact Archives - Miami Airport Warehouses
- 04
Jul - 0
- By:ADMIN
Industrial Real-Estate Developers Are Hot On Cold-Storage Warehouses
Industrial real-estate developers have been stepping up building cold-storage warehouses in the U.S. without tenants lined up for the space, betting that pandemic-driven changes in the way consumers buy groceries and meals are here to stay. Nearly 3.3 million square feet of refrigerated warehouse space was under construction through the second quarter of this year
- 27
Jun - 0
- By:ADMIN
Rising Rents: Miami’s Industrial Market Leads Nation With Highest Annual Rate Hike: Report
Miami’s industrial market, which includes all of Miami-Dade County, is the nation’s top performer for annual rent growth, according to a JLL report. Year-over-year, the Miami industrial market experienced a 53 percent jump in rent, more than Los Angeles, which had the second highest rent hike at 45 percent, and New York/New Jersey, which had
- 26
Oct - 0
- By:ADMIN
Vaccine Expectations Create Cold Storage Boom
Right now, there are nearly 400 vaccines for Covid-19 in development. When some of those are approved for widespread use, they’ll need to be stored and distributed from temperature-controlled spaces. Companies are already lining up giant cold storage facilities, also known as freezer farms, to securely store millions of vials of a vaccine, according to