The 7.3% year-over-year increase is good news for landlords that have been coping with a supply surge, but the overall industrial market is still down from its record highs in 2022.
prologis Archives - Page 3 of 12 - Miami Airport Warehouses
- 22
Jul - 0
- By:ADMIN
Prologis Says Demand For Data Centers Is Boosting The Industrial Property Outlook
Artificial intelligence is expected to drive demand for data centers and is giving the world’s largest industrial property company tremendous confidence in future growth. Every time a warehouse is converted to a data center, Prologis pick up $500 a foot of value.
- 31
Jan - 0
- By:ADMIN
Seaboard Renews 308K-SF Industrial Lease In Medley
In one of South Florida’s largest industrial lease agreements so far this year, the shipping company’s renewals include 208,400 square feet at 8001 NW 79th Avenue and 88,584 square feet at 7800–7890 NW 80th Street.
- 18
Jan - 0
- By:ADMIN
Prologis Expects To Buy, Sell More Industrial Property This Year
Prologis anticipates raising $800 million to $1.2 billion from selling properties in 2024 as interest rates and property valuations begin to stabilize in coming months, encouraging buyers and sellers to make more deals.
- 12
Jul - 0
- By:ADMIN
Investment Giant Sells Miami-Dade Warehouse For $51M As Part Of Portfolio Deal
Blackstone sold the Medley warehouse to Prologis for as part of a larger portfolio deal. Built on an 8.8-acre site in 2013, this is the first time the Pan American North Business Park has sold.