In the second quarter 2020, South Florida’s industrial market saw a 51 percent uptick in net absorption, representing the amount of space leased rather than vacated, according to a recently released report. CLICK ON THE HEADLINE FOR MORE
A wave of users is coming into the industrial real estate market: small startups that may have little or no brick-and-mortar presence at all, and which could fuel new construction for years to come. CLICK ON THE HEADLINE FOR MORE
There are headwinds, such as overbuilding and rental rate stagnation, that may limit investment growth in some markets. However, the overall outlook for the industrial sector remains positive, according to industrial real estate executives. CLICK ON THE HEADLINE FOR MORE
The broadening of demand beyond first-tier and even second-tier markets is significant because it reinforces the staying power of the current industrial cycle, now in its eighth or ninth year depending on one's time frame. CLICK ON THE HEADLINE FOR MORE
According to a recent survey conducted by Marcus Millichp and media firm NREI, 63 percent of 661 respondents expect gains in the industrial sector for 2019 and about half of those who already own industrial properties said it’s a good time to acquire more. CLICK ON THE HEADLINE FOR MORE
Expert Advice For All Your Commercial And Industrial Property Needs In South Florida