Q4 Market View | Industrial

The industrial segment in Florida remains a hotbed of activity with vacancy rates below 4% and rising lease rates. The emerging e-commerce sector has become a driving force behind the expansion of the industrial segment, which is fueling demand for regional warehouse-distribution center and modern storage facilities. The recent expansion of Port Miami as well as the construction of an 855,000 square-foot Amazon fulfillment center mark milestones in the industrial landscape.

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