Driven by ongoing population growth, low costs, strategic infrastructure access, and a favorable business operation environment, industrial vacancy rates remain below pre-pandemic averages, and rental rates continue to rise in key markets in the Southeast U.S.
Florida’s industrial market is showing signs of stability from Jacksonville to Miami. Moving into 2025, the effects of economic shifts are shaping a unique business landscape, creating a more predictable environment for development. With the tension between supply and demand easing, business leaders are growing more optimistic.
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.
The Doral Economic Analysis Report 2024 Update, a continuation of the original study from 2017, reveals a city in the throes of development, with promising statistics for population and housing growth, alongside a diversifying job market.