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.
The buildings, totaling 53.96 acres in Miami Lakes, Miami and Hollywood highlights the continued strength of the the South Florida industrial real estate market. CLICK ON THE HEADLINE FOR MORE
Higher than any other property type, prices on industrial assets have been spiking up, with the industrial value-weighted price composite rising 4.2 percent for the three-month period ending Jan. 31, and 17.8 percent for the 12-month period ending the same date, CLICK ON THE HEADLINE FOR MORE