Fordome Investment Group, a real estate investment firm led by Kristopher Rodriguez, sold the 2.2-acre site at 9800 N.W. 87th Ave. for $3.3 million to GPT NW 87th Avenue Owner LLC, part of the industrial arm of Blackstone. It was used for automobile storage.
Freighter operators moving cargo on intra-Americas routes have a new option as Airglades International Airport (AIA) targets their traffic.
The airport has announced plans for a “state-of-the-art logistics complex in southern Florida to dramatically reshape the efficient flow of perishable goods from Latin American producers to North American consumer markets”.
The US Federal Aviation Administration (FAA) cleared the way for the project in September, okaying a proposal for a private takeover of AIA to convert it into an all-cargo gateway. The project had already secured the backing of local and regional authorities.
New project deliveries, continued cannabis legalization, a decline in manufacturing, faster e-commerce deliveries and the upcoming presidential election will all have an impact on the U.S. industrial sector in 2020, experts say. Here are eight predictions for the industrial sector in the new year: