Transcarga International Airways, a Venezuelan company, officially launched its services at Miami International Airport last week. It’s the 40th cargo carrier serving the airport.
Warehouses are the hottest thing in commercial real estate these days.
Sustained growth in jobs, population and consumer confidence are driving expansion for contractors, building supply companies, food distributors and other businesses in need of industrial space across South Florida. As a result, vacancy are falling, rents are rising and developers are rushing to build more warehouses — in some cases “on spec,” without having tenants lined up.
The trend of converting South Florida office park land to residential could continue as Doral considers an apartment proposal by Ram Realty.