“Get ’em while they’re young,” the saying goes. In today’s notoriously tight labor market, the adage rings truer than ever — because if firms wait until students are older, they might already have jobs through Prologis or the Latin Builders Association, just a few of the organizations that have set up pipeline programs in South Florida high schools.
Transwestern’s South Florida industrial team has secured a 44,101-square-foot lease renewal with Univar USA at a 64,086-square-foot industrial building at 7120 NW 74th Ave. in Miami.
Ask any industrial broker about the most important feature to industrial tenants looking for a new facility and they’ll say “location.”
After that, it’s probably going to be clear height, with at least 32 feet, but preferably 36 or 40 feet, especially for large users (those taking 500 to 1,000 sq. ft. or more).
But according to Blaine Kelley, Atlanta-based senior vice president of the global supply chain practice with real estate services firm CBRE, tenants will trade off all other physical features for proximity to customers, labor and suppliers.