Industrial continues to be the hottest asset type for investment in the major Florida markets, according to the latest “Commercial Real Estate Investment Review for North America and Europe” from Avison Young.
There continues a heathy investor appetite overall for Florida assets, while foreign capital from Latin America and Canadian investors who already have assets in South Florida are starting to expand. Continue reading
Doral is still officially a young city, incorporated only 15 years ago.
But Doral’s roots date back to the 1950s, when Doris and Alfred Kaskel scooped up 2,400 acres of swampland for $49,000 on which they built a grand hotel, country club and golf resort nearly a decade later. The Kaskels, apartment developers from New York City who also built a pair of Art Deco hotels in Miami Beach, named their new resort after themselves — and Doral was born.
Walmart Inc. just signed a lease for 56,800 square feet in Doral. The retail giant will take the entire warehouse at 1430 Northwest 88th Avenue.