Accelerated rent growth nationwide in the industrial real estate sector might not be so much tied to inflation, but rather vacancy rates, according to a new report from Cushman & Wakefield.
Warehouses are the hottest thing in commercial real estate these days.
Sustained growth in jobs, population and consumer confidence are driving expansion for contractors, building supply companies, food distributors and other businesses in need of industrial space across South Florida. As a result, vacancy are falling, rents are rising and developers are rushing to build more warehouses — in some cases “on spec,” without having tenants lined up.
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- Industrial Sales Not Immune From Higher Interest Rates Impact
- UDB To Expand For Development After Miami-Dade Commission Overrides Mayor’s Veto
- Miami-Dade Mayor Vetoes Major Urban Development Boundary Expansion
- Miami Airport West Warehouse Fetches $28.5 Million
- “Incredible Land Grab”: Miami-Dade OKs Project Outside UDB
- Vote On Project Outside UDB Deferred Again
- T-ROC Opens New Logistics Warehouse Facility In Doral To Meet Customer Demand
- Industrial Landlords, Tenants ‘Jousting’ Over Asking Rents vs. Taking Rents
- Small Businesses Getting Squeezed Out In Push For Warehouse Space
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