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Industrial’s Hot Streak Projected To Hold

New numbers have confirmed that 2019 was a monumental year for industrial real estate, with total volume soaring to a record high of $102B, JLL reports.

That propulsion is expected to carry into 2020. JLL predicts industrial volumes in 2020 will continue to boom, with large-scale portfolio deal flows that are slated to finish during the first two quarters of 2020.

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International Food Distribution Company Signs On For 148,000 SF In Relo Deal

Easton & Associates represented an international food distribution company relocate its South Florida operation from Miami to Doral.

American Fine Food Corporation signed a lease for 147,581 square feet of distribution/office space located at 9835 NW 14th StreetDalton Easton represented the tenant. Devin White of CBRE represented the landlord.

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South Florida Industrial Market Continues Rally In Q4

The industrial party in South Florida seems poised to roll on in 2020.

As e-commerce giants increasingly seek out large warehouse spaces and interest from investors like Blackrock and Prologis grows, industrial prices in South Florida have skyrocketed over the past few years. Miami-Dade and Broward counties outperformed Palm Beach in the fourth quarter, the latter of which suffered due to the ongoing trade war.

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