Florida’s Population Boom Fuels Growth in Miami’s Industrial Real Estate Market
Florida’s population has reached a record 23.3 million people, marking one of the fastest growth rates in the nation, according to new data from the U.S. Census Bureau. The state added more than 467,000 residents over the past year, driven largely by international migration and increases in the South. This population surge is more than […]
Trends Influencing Industrial Real Estate in 2025: Miami at the Forefront
The industrial real estate sector in 2025 is being shaped by dynamic trends, including the continued rise of e-commerce, shifting global trade patterns, and an influx of expiring leases. These factors are creating both challenges and opportunities for landlords, tenants, and investors. With Miami’s strategic location and robust logistics infrastructure, the city remains a hotspot […]
Miami Leads the Nation in Industrial Rent Growth: A Booming Opportunity for Investors
Miami is at the forefront of the industrial real estate market, with rents growing by 11% year-over-year—the fastest rate in the country. This trend highlights Miami’s strength as a logistics hub and its rising importance in the national industrial sector. With over 15 million square feet of new, high-quality industrial space delivered since 2022, businesses […]
Holiday Shopping Trends Highlight E-Commerce Boom and Demand for Warehousing in Miami
The 2024 holiday shopping season shattered records for e-commerce, with online sales surging 14.6% compared to last year. While brick-and-mortar stores saw only modest growth, the rise of online shopping has cemented its dominance in the retail landscape. For businesses, this shift underscores the importance of efficient logistics operations, particularly during peak shopping seasons. At […]
Northwood buys fully leased portfolio of Sun Belt industrial properties
Northwood Investors has acquired a collection of industrial assets totaling 1.8 million square feet across Georgia, Florida and Texas for $160 million. JLL Capital Markets represented the seller of the fully leased Sun Belt Logistics Distribution Portfolio. The brokerage firm also secured the acquisition financing from Apollo affiliates. The portfolio comprises three industrial buildings in premier […]
Doral’s new park has a fishing pier, kayak launch and skate park.
After six years of construction, a new 78-acre park has opened in Doral, making it the city’s largest recreational space. At a grand opening this week, hundreds of residents visited the park for the first time, exploring amenities that include a skate park, a fishing pier and a kayak launch. Situated near the U.S. Southern […]
Industrial Development: What’s Working, What’s Not; Exploring the Impact of Robotics and AI in the Industrial Sector
Before the end of the next 10-year lease term ends, the industrial world as we know it will be forever different. The rapid advancement and adoption of robotics and AI is causing everything we know to be reinvented again and again within that time frame. Now is the time to prepare for those changes. Industrial […]
Prologis Pays $55M For Verizon Subsidiary HQ Near Doral With Plans For Industrial Redevelopment.
Prologis bought a Verizon subsidiary’s headquarters near Doral for $54.5 million, with plans for an industrial redevelopment. The San Francisco-based real estate investment trust scooped up the one-story building at 9700 Northwest 112th Avenue in an unincorporated area of Miami-Dade County from TracFone Wireless, according to records and real estate database Vizzda. Completed in 2000, the nearly 144,000-square-foot building is on […]
South Florida Commercial Real Estate Performance Summary
Over the last year, the South Florida commercial real estate market has remained resilient despite the wider economic slowdown. Still, moderate demand across property types has slowed rent gains, while new construction has widened space availabilities, particularly in the multifamily and big-box industrial segments. The most significant change from our prior update has been the marked slowdown […]
Cooling Inflation Boosts September Rate Cut Odds
Inflation declined to 2.5% in June, supporting the Fed’s potential September interest rate cuts and hinting at a “soft landing” for the economy. WASHINGTON — The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates […]
