Industrial space is growing in South Florida, and rates are still rising. Here’s why

Warehouse supply is expected to grow at the same rate in the new year as it did in 2019. But it still won’t be enough to satisfy demand in Miami-Dade and Broward, say experts. “We should continue to see strong robust demand in Miami-Dade and Broward,” CBRE industrial broker Tom O’Loughlin said. “Developers are still building.” The primary driver: e-commerce, said George Pino, the president...

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