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Tales From The Industrial Boom: South Florida Real Estate Pros Turn To Creative Problem Solving With Demand High And Land Scarce

DEMAND and SUPPLY. Words on the scales

A former Miami golf course turned into an industrial park. A Hollywood warehouse chopped up into six smaller offerings. And a bidding war over industrial space in East Hialeah.

Commercial brokers recount these tales in South Florida, a market with high demand for warehouses but not enough industrial-zoned land for new development. Industrial experts must turn to creative problem solving, as a reluctance to visit brick-and-mortar stores has led to a boom in online shopping and a burgeoning need to store appliances, food and other goods. Continue reading

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South Florida Industrial Market’s Q2 Is Strongest Quarter In Three Years

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South Florida’s industrial real estate market’s second quarter proved to be its strongest period in three years, according to a recently released report from Newmark Knight Frank.

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