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Miami-Dade’s Industrial Market Still Booming In Q1: Report

Miami-Dade’s industrial market is still hot.

With low vacancy rates, lots of demand and a growing supply of new buildings, the industrial market seems to show no signs of slowing down, as South Florida becomes an increasingly attractive destination for commerce, according to a recent report by CBRE.

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South Florida’s Five Biggest Industrial Market Sales Of 2016

An industrial market boom swept through South Florida in 2016.

Demand was strong for warehouse properties from Miami-Dade County through Palm Beach County, with buyers like Blackstone Group, Invesco Advisors, Clarion Partners and J.P.Morgan Asset Management getting into the fray.

Here are the top five sales in the tri-county region, priced from nearly $250 million to $50 million, based on CoStar Group data.

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Graham Companies Proposes New Mega Project Next To American Dream Miami

Having the largest mall in North America apparently isn’t enough development for northwest Miami-Dade County, as another mega project has been proposed on a neighboring site.

The Graham Cos. wants to build a rental community, a business park including hotels, and – yes – more retail to take advantage of the huge influx of people.

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