According to a Green Street analysis, out of 20 metros with the highest collective first half year industrial sales, only seven were higher than the same period in 2022, Miami sales increased 25.7% and came in fifth place in dollar volume with $288.2 million and 25 properties.
Included in the approvals was a land-use change on 8 acres on the west side of State Road 7 near Atlantic Avenue. The builder expects to construct warehouses and office space on the parcel.
In a case of “strike while the iron is hot”, perhaps before it turns cold, the Business Development Board of Palm Beach County just took its decade-old “Wall Street South” campaign to midtown Manhattan with the purchase of giant electronic billboards. Meanwhile, the Fort Lauderdale’s Downtown Development Authority is circulating a report declaring that its central business district and Flagler Village are generating as much economic activity.