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Miami International Airport Weighs Private Deal For Five-Level Cargo Hub

Miami International Airport is in talks with a venture that wants to help double cargo capacity within three to five years by building a five-level cargo structure. CCR+Airis made the unsolicited proposal last year, aviation Communications Director Greg Chin confirmed to Miami Today.

The $1.1 billion privately funded project would rise on 29.4 acres in a ground lease with the airport for a cargo building in MIA’s western cargo area.
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Philadelphia Firm Pays $25.4M For Two Medley Properties

Affiliates of Philadelphia-based commercial real estate firm Alterra Property Group paid $25.4 million in two deals for neighboring properties in Medley, according to county records.

With the rapid growth in demand for e-commerce services and fast delivery, logistics companies need more space to park their trucks near their warehouses. Often, warehouses in Miami-Dade County don’t have enough parking for large trucks and fleets.
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