Miami-Dade County is among the Top 15 U.S. markets that have lagged behind in building new industrial space to meet demand, according to a recently released report from Newmark Group. “Pandemic-related labor disruptions” and “community pushback” against industrial development are to blame for the nationwide slowdown in new construction for logistics companies, according to the
When Ford Gibson, head of development and investment activity at Foundry Commercial, was asked if he was concerned about overbuilding in Miami’s industrial real estate market, he offered three words. CLICK ON THE HEADLINE FOR MORE