Avison Young represented Foundry Commercial in the acquisition of an 18-acre site in Miami for a speculative industrial development of up to approximately 320,000 square feet.
Outperforming last year’s $401.5 million, South Florida industrial properties were in hot demand in 2018 with the top five industrial sales totaling $478 million. CLICK ON THE HEADLINE FOR MORE
Duke Realty purchased three newly constructed industrial buildings last year and, to date, has leased approximately 530,000 square feet to distribution-related businesses.