Instacart To Build Fulfillment Centers Near Supermarkets
Seeking to cash in on the industrial real estate boom, the grocery delivery company will begin developing an undetermined number of fulfillment centers over the next year,
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Changing Migration Patterns, New Consumer Preferences Are Driving The Self-Storage Rally
Self storage will continue to reap the benefits of migration and catch the tailwinds associated with a strong economic recovery. As people adjust to post-pandemic life, many will find new locations to better fit their new lifestyles.
Relocations To The Rescue: New-To-Market Tenants Could Fill Empty Office Spaces
Office occupancy declined in South Florida during the Covid-19 pandemic and remote working remains a threat to landlords. But the increasing number of corporate relocations has offered hope.
81.1-Acres Zoned For 1 MSF Industrial Development Sell For $63.32 Million
Located at Palm Beach Park of Commerce, the property is 100% leased to Insurance Auto Auction.
Westlake Unveils Plan For Business, Retail Park In Western Palm Beach County
Minto Communities, the master developer, recently received city approval for the first phase of the commercial project. The city was approved for 2.2 million square feet of commercial space, in addition to 4,500 homes.
Government District Seeks Developers To Buy 69 Acres Of Heron Bay Golf Club in Coral Springs
Proposals are due Aug. 13. The first committee evaluation committee will be Aug. 27 and the final scoring meeting will take place Sept. 15.
Property Prices Are Now Only 1% Below Pre-Pandemic Levels
The Green Street Commercial Property Price Index jumped by 4.4% last month. Prices of every asset type included in the index increased. In some cases, like self-storage, industrial, and manufactured home parks, prices are hitting new highs—and are now 15-25% higher than pre-COVID marks.
Largest Chunk Of Undeveloped Land Owned by Broward Up For Grabs
The piece of land a hot ticket item for some. It’s 61 acres located near U.S. 27 and Sheridan Street in Pembroke Pines. E-commerce giant Amazon could now be the one to take over the land – if they still want it.
Expect ‘Cranes Popping Up All Over The Region’: Eight Ways COVID-19 Is Reshaping The South Florida Real Estate Market
Watching eight emerging trends forced by the COVID-19 pandemic, local industry leaders are rethinking their answers to a range of questions, including how buildings are designed, how goods are delivered, and where and how tenants want to live.
Tiny Village Of Golf Rejects Amazon’s Plan To Build Last-Mile Center; Rare Rebuff For Retail Giant
The Village Council just voted 4-1 to deny Amazon’s request to build a $25 million last-mile distribution facility on 17 acres, concluding the project “is not in keeping with the quality of life” within the village, home to about 300 people.
Most CRE Executives ‘Bullish’ For 2021
Seventy-four percent of commercial real estate executives said they were optimistic about the CRE market and overall economy over the next 12 months, according to the results of the annual State of the Market Survey released today by international law firm DLA Piper in conjunction with its 16th Global Real Estate Summit.
Expert Roundup: Brokers Discuss Industrial Real Estate
Industrial real estate has proven to be the bright point in an otherwise challenging real estate market. A number of CRE experts from across the country give their takes on why the asset class is so resilient, what challenges it still faces, what the near- to mid-future has in store. CLICK ON THE HEADLINE FOR MORE
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