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6 Things You Should Know If You Work in Industrial Commercial Real Estate

BOMA Fort Lauderdale/ Palm Beaches' Industrial Committee recently provided an update of six things you should know or read that pertain to Industrial Commercial Real Estate.  

  • BlackRock acquired Gramercy Property Trust & Prologis acquired DCT Industrial. Both are very big deals in the sector which have been agreed upon and will close later in the year. read more
  • There has been major industrial development coming online and more are still breaking ground in Miami with extremely quick absorption. read the Q1 Industrial Market report
  • Liberty Property Trust recently closed on the purchase of land from City of Fort Lauderdale for Industrial development near 595 & 441, the former sludge site. The industrial park slated to come online 2019 or 2020. read more
  • Multi-story industrial buildings are beginning to pop up more and more in development conversations in the US. There are very few now but will become more prevalent in dense markets. read more
  • Amazon (they’re always in the mix) is set to occupy in South Florida. Butters is building the building in Opa Locka. more about Butters 
  • Bisnow just had their South Florida Industrial Market Update panel event on May 1.  read the highlight

 

This list was compiled by Kevin Ault of Liberty Property Trust. For more information about the Industrial Committee, please contact the committee chair, Don Letendre at don@phoenixac.com.

 

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