While the South Florida commercial real estate market has not completely rebounded it is in better shape than any of the other U.S. industrial markets thanks to international trade, according to the 2012 Commercial Industrial Association of South Florida market report.
Out of all of the various commercial real estate sectors the industrial sector is improving the quickest. Part of the reason being has to do with Latin America’s economic strength paired along with Miami’s many infrastructure projects which has allowed South Florida to continue on as a center for worldwide trade. For example, through November of last year 79 warehouses totaling over 10,000 square feet were sold, as well asB 320 industrial condos.
If you are looking to make an investment in commercial real estate in South Florida B by purchasing industrial or office space contact Morris Southeast Group at 866-930-1426.
Source: Miami Today News
Tags: commercial real estate, Commercial Real Estate Trends, industrial property, South Florida commercial real estate, South Florida commercial real estate services