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Is Miami Industrial Getting Overbuilt?

DEMAND and SUPPLY. Words on the scales

Ford Gibson is bullish on Miami industrial real estate.

He’d better be, considering his first assignment as the head of development and investment activity at Foundry Commercial is leading the Carrie Meek International Business Park development, a 1.7 million square foot, $150 million speculative industrial development adjacent to the Opa Locka airport in Miami Dade County.

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Amazon.com Inks Deal For New Distribution Center In South Florida

Amazon.com signed a lease for its second distribution and fulfillment center in Miami-Dade County, according to county records.

Flagler Global Logistics subsidiary SFLC Building 5 signed a lease with the Seattle-based web retailer for a facility that will be constructed in the South Florida Logistics Center at 3200 N.W. 67th Ave. It’s located on the west side of Miami International Airport.

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