As e-commerce giants increasingly seek out large warehouse spaces and interest from investors like Blackrock and Prologis grows, industrial prices in South Florida have skyrocketed over the past few years. Miami-Dade and Broward counties outperformed Palm Beach in the fourth quarter, the latter of which suffered due to the ongoing trade war. Click here to read the article
The Federal Reserve left its benchmark interest rate unchanged Wednesday and reaffirmed its make-no-moves posture while it gauges how rate cuts last year cushioned the U.S. economy against a spell of weaker global growth. Click here to read the article
Several financial services tenants increased footprints is South Florida, and new ones like Carl Icahn Enterprises have relocated to Miami from the Northeast to take advantage of Florida’s lower tax rates. While the moves provide big headlines that help raise Miami’s profile, they often come with relatively smaller employee counts. Click here to read […]
There’s strong interest throughout Florida for more office space, in part because Florida has the highest percentage of entrepreneurs in the United States, Commercial Café said. Statewide, 10 small Florida cities added 9.5 million square feet of office inventory in 94 new properties between 2009 and 2019. Click here to read the article.
Warehouse supply is expected to grow at the same rate in the new year as it did in 2019. But it still won’t be enough to satisfy demand in Miami-Dade and Broward, say experts. Click here to read the article.