For Carnival, the sale is a chance to unlock a potential windfall from decades of real estate growth in Doral, where property values have soared alongside the area’s condo boom.
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.
Industrial real estate has been the one of the most sought-after property types nationally, leading to record low vacancies and increased competition among investors and tenants. When it comes to selecting a market for industrial investment, port markets are emerging as the safe bet for investors to park capital due to the positive rental growth
The coronavirus pandemic has shaken and rearranged trade and supply chains in Miami-Dade County, home to PortMiami and Miami International Airport, global hubs for international trade. It has also pushed the country into an economic downturn, causing a collapse in demand for many products. But this enormous trade system — which includes importers, exporters, logistics
Thirty years ago, Armando Codina launched his first industrial real estate project in Miami. Now, his daughter, Ana-Marie Codina Barlick, is leading the family-owned firm back into the warehouse industry with one of South Florida’s largest projects.