FastKit Corporation, which designs and prints custom packing, renewed its 50,335-square-foot lease at 11250 Northwest 25th Street in Miami.
The South Florida office market is something of a nonconformist.
The real estate industry generally has been focused on urban cores offering a live-work-play lifestyle — think downtown Miami, Fort Lauderdale and West Palm Beach and Miami’s Brickell and Wynwood neighborhoods. But the office market increasingly has been checking out the suburbs.
The South Florida office of Duke Realty announced that Miami Industrial Logistics Center, its three-building, 676,835-square-foot industrial hub, is 93 percent leased, just 18 months after it acquired the newly constructed, completely vacant industrial development. Continue reading