Neither ongoing international trade disputes, nor the warning signs of a potential recession, nor the uncertainty that’s emanating from a particularly fraught U.S. presidential election year are enough to dim the enthusiasm for the industrial real estate sector, according to the findings in NREI’s sixth annual study.
Codina Partners has launched leasing for the newest logistics and distribution built-to-suit park in South Florida, Beacon Logistics Park.
The first phase of the Class A distribution park is Building F, which will be 147,768 square feet, with units available from 17,280 square feet and up. The building will feature a non-shared truck court, a building depth of 160 feet with a 60 foot speed bay and all the latest construction specifications required by tenants looking for a next generation facility.
The economy is on the rise and with that comes industrial commercial real estate growth.
According to CBRE, there is about 1 million square feet of new warehousing space coming into Miami Dade County in 2016.