More warehouse spaces are sitting empty in South Florida. The delivery of new construction combined with the pandemic are to blame.
Vacancies rose from the first to second quarter in Miami-Dade and Broward, according to the latest Colliers International industrial reports.
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The start of a new decade is an excellent time to look back and reflect on how real estate markets, industries, and returns have changed over the past 10 years.
Seeing what new technologies, businesses, and policies altered the market can help investors gain insight into changes that could come in 2020 and beyond. As of late, industrial real estate has been one of the top-performing sectors of the commercial real estate (CRE) industry, but a lot has changed over the past decade.
Here are five ways industrial real estate has changed from 2010 to 2020.
As national stay-at-home orders have shifted much of the economy toward a delivery model, the negative implications have been broadly felt, extending in the commercial real estate arena.
However, Marcus & Millichap says industrial appears to be an exception to the rule.
