It’s not just massive firms like Blackstone Group and Prologis that are throwing billions of dollars at warehouses — foreign investors are also pouring money into the booming industrial sector.
Investment firms from France, Germany and South Korea are among those that have recently inked big deals for industrial properties, according to the Wall Street Journal. That comes even as overall foreign investment into U.S. real estate has plummeted due to the pandemic. Real Capital Analytics pegged that total as down by 31 percent in 2020. Continue reading
Pricing for industrial distribution and warehouse space climbed in many US markets during the past 12 months, as investors continued to focus on markets tied to large population centers, logistics and e-commerce space.
In many ways, Miami is a paradise: nice weather, cultural diversity, excellent geographical location, low taxes, quality education, and many opportunities for businesses.
With these features, Forbes Magazine described Miami in a recent report in which the city stands out as the best place to create new businesses.
Does this recognition make Miami is a good destination for investors? Is this a good time to invest? The short answer to these two questions is: it depends on the industry in which you want to invest, how you want to do it, and in what areas.