Are Industrial Values Getting Too High?

Over the last few years, investor interest in industrial real estate has risen to a fever pitch.

Rent growth and cap rate compression are propelling investor interest in industrial properties, according to David Bitner, head of Americas capital markets research with real estate services firm Cushman & Wakefield. He notes that industrial asset values, including capital and appreciation, grew by 13.1 percent in 2017 alone, compared to 7.0 percent overall for all other commercial real estate sectors.

Continue reading “Are Industrial Values Getting Too High?”

Telemundo Opens New $250M HQ At Doral Industrial Park

Telemundo has opened the largest TV production studio in South Florida, a $250 million complex designed for 1,200 employees, with room to grow to 1,500.

The Spanish language media giant, a subsidiary of NBCUniversal and Comcast Corp. (NYSE: CMCSA), debuted its 476,000-square-foot global headquarters at 2350 N.W. 117th Place, just west of the Dolphin Mall. It’s in the Beacon Lakes industrial park in west Miami-Dade County.

Continue reading “Telemundo Opens New $250M HQ At Doral Industrial Park”

South Florida Ranks Among Industrial Markets To Watch In 2018

The U.S. industrial sector is booming due to strong economic growth and the rapid rise in e-commerce that has occupiers expanding and modernizing their distribution facilities.

While strong activity continues in core markets, the greatest growth is currently happening in secondary markets with high population growth, land available for development and easy access to logistics hubs, including interstate highways, major airports, rail yards and seaports.

Continue reading “South Florida Ranks Among Industrial Markets To Watch In 2018”