The continued demand for industrial space is keeping market fundamentals healthy across the U.S. The national average rent for in-place leases stood at $7.12 per square foot in February, growing 6.9% over year-ago figures.
An affiliate of Turkish cosmetics company Farmasi has proposed a second warehouse in Doral, although this one would be rented to third parties. The City Council will hold a zoning hearing Aug. 24 to consider plans for the 2.31-acre site at 10405 N.W. 19th St. ForTuna Real Estate LLC, managed by Emre Tuna of Farmasi, bought the