Demand for industrial space in South Florida is presently outpacing supply which is resulting in significant growth in rental rates and record-low vacancies. Rising interest rates will eventually make it harder for builders to construct new industrial buildings but that's not likely to occur until the spring or summer of next year. CLICK ON THE HEADLINE FOR MORE
Betting big on ecommerce, Blackstone just purchased about 1,300 properties that span 179 million square feet of U.S. warehouse assets from the Singapore company GLP Pte. CLICK ON THE HEADLINE FOR MORE
The Seattle-based online retail giant is operating out of a facility located at 251 International Parkway in order to speed up customer orders. CLICK ON THE HEADLINE FOR MORE
A new report tracked big-box industrial performance in 14 markets in North America and found these assets now command a record-low 5.8% cap rate, down from nearly 8.5% in 2009. CLICK ON THE HEADLINE FOR MORE
Miami-Dade and Broward officials have said they hope to attract Amazon to their counties as well. CLICK ON THE HEADLINE FOR MORE
Expert Advice For All Your Commercial And Industrial Property Needs In South Florida