According to Green Street’s latest industrial sector update, the eport authors point to cold storage demand, rising NOI forecasts and cash-releasing spreads — especially at Prologis — and Houston and East Coast port activity.
PortMiami set a new record-breaking year in collaboration with its partners. During the 12-month period ending Sept. 30, 2019, the port experienced a 3.4 percent gain in cargo with a total of 1,120,000 20-foot equivalent units (TEU) and a 22 percent increase in cruise passenger totals, surpassing its previous world record with an all-time high
Those perishable pharmaceuticals, fresh holiday flowers and frozen Thanksgiving turkeys are getting some new places to roost. In the next few years, more than 400,000 square feet of cold storage is coming to South Florida. That’s still far less than the 1.5 million total square-footage of industrial warehouse space in the pipeline, according to the
A celebration was held at Port Miami Friday to commemorate the deep dredge project that will open up the port to even bigger cargo ships. CLICK ON THE HEADLINE FOR MORE