Mixed Indicators Point to Right-Sizing Warehouse Investment Strategy

Leading indicators of warehouse demand have been mixed this spring and appear to be on shaky ground. Nonetheless, they still appear to be pointing in the right direction. “On the bright side, companies continue to book record-breaking profits,” Ki Bin Kim, analyst for Macq
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IDI Buys 42-Acre Warehouse Site In Davie

Industrial Development International (IDI) purchased 42 acres of land in Davie, FL, formerly the Palma Nova mobile home park, for just under $ 20.7 million. The seller was Silver Oaks Land Owner LLC in the deal that closed May 30. Berger Commercial Realty founder and President Lloyd B
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IDI Begins Spec Warehouse Space in Miramar

Industrial developer IDI has begun construction of a 264,074-square-foot speculative warehouse in Miramar, FL, the builder’s first new project in South Florida since 2008. Building A, to be the largest structure at the 70-acre Miramar Centre Business Park off Miramar Parkway at I-75,
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BRIGHT SPOT: Investor Appetite For Warehouse Property Continues to Grow

While the economy is volatile and leasing is healthy but not exactly stellar, investment sales of warehouse properties continued to strengthen in the third quarter, with a number of large transactions underscoring the growing demand for this historically safe and reliable sector of co
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Warehouse Demand Expected to Exceed Pre-Recession Peak in 2012

Prologis, the world’s largest developer and owner of warehouses, expects the recovery in logistics real estate will accelerate through 2012, with an upswing in production, trade and inventories translating into nearly 400 million square feet of positive absorption globally next year.
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PH Cellular Buys Miami Warehouse for $2.55M

PH Cellular, Inc. acquired the Doral Building at 9590 NW 25th Street in Miami from Michelsen Advertising for $ 2.55 million, or $ 102 per square foot. The two-story, 25,000-square-foot warehouse building was built in 1986 in the Miami Airport West Industrial submarket. It is part of t
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Miami Warehouse Sells for $3.9 Million

Galei Opa LLC acquired the warehouse at 5701 – 5703 NW 35th Ave. in Miami from Solomon-Kalback North Bldg LLC for $ 3.9 million, almost $ 32 per square foot. Galei Opa is a local company that plans to relocate its manufacturing operation to the site. This property includes two i
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