The above charts known sales of industrial condo units in Park Centre Business Park (Park Center Business Park) from 2018 through the second half of 2025. I (James Hawkins) brokered more than half of these sales, specifically the ones highlighted in light yellow. The square footage and price per square foot are displayed both using […]
In a recent episode of America’s Commercial Real Estate Show, the spotlight was on industrial real estate nationally with a deep dive into the current trends, challenges, and future outlooks impacting the sector in 2024. Featuring insights from Ermengarde Jabir, a senior economist at Moody’s Analytics who also publishes articles at NAIOP, the discussion offered […]
The Discussion: The Evolution and Outlook of the Industrial Real Estate Market Introduction In a recent episode of America’s Commercial Real Estate Show the spotlight was cast on the industrial real estate sector—a segment that has experienced a dynamic shift from being the “dirty shoe” to a coveted asset class. This transformation, largely fueled by […]
The Conversation: Understanding America’s Industrial Real Estate Landscape In a recent episode of “America’s Commercial Real Estate Show,” the show host delved into the complex and evolving world of industrial real estate with his guest, Aaron Halfacre, CEO and President of Modiv Industrial. Modiv Industrial is a Real Estate Investment Trust (REIT) that owns and […]
The chart illustrates the dynamic changes in the average selling price of industrial property in Miami-Dade since 2019 Q4, a date just prior to the onset of COVID, with each data point scaled relative to the baseline value of 1.00 at the end of 2019. Several notable trends and patterns emerge from the dataset. In […]
About any active commercial broker in Miami-Dade will tell you that there is all kinds of demand for industrial property, but none to buy. I can personally attest to this. This chart of properties noted as “industrial” in the Miami-Dade MLS and with an asking price of $1 to 5 million (mid-market industrial) illustrates this. […]
Office, Retail, and Industrial: Multifamily and Hospitality: The CEO and Chairman of Integra Realty Resources, Anthony Graziano, appears on a commercial real estate show to discuss his firm’s (Integra’s) annual Viewpoint report. Topics include economist’s perspective on the economy, local and national market growth, and expected performance for the major commercial sectors. This is presented […]
In my practice I’ve noticed a dearth of moderate sized, 7,000 to 10,000 square feet, light industrial properties. There are numbers of older properties, many of which predate the widespread use of the container ship and the consequent dominance of the modern semi-trailer truck. Older buildings frequently have lower ceilings, lack dock height loading, and […]
K.C. Conway, Chief Economist with CCIM and Director of the Alabama Center for Real Estate, joins America’s Commercial Real Estate Show host Michael in Studio One to discuss the industrial property market. In this second of two video segments, discussion includes whether the end of the cycle is approaching. Conway discusses the fundamentals of the […]
K.C. Conway, Chief Economist with CCIM and Director of the Alabama Center for Real Estate, joins America’s Commercial Real Estate Show host Michael in Studio One to discuss the industrial property market, including new supply coming online and the impact of tariffs industrial property holdings. In this part, he notes that much of the boom […]
George Ratiu, Director of Quantitative & Commercial Research with the National Association of Realtors® (NAR), appears on this commercial real estate related talk show to talk about the annually issued report, Market Expectations and Realities, a combined effort of NAR, Deloitte, and Situs RERC. In this episode office, industrial, and retail properties are discussed, as […]
Barbara Denham, Economist with Reis, appears on this commercial real estate show segment to discuss trends and performance in the industrial property sector in the United States. Topics include existing supply and delivery expectations, rental rates, and cap rates. She notes that deliveries keep hitting new highs each year, with a slowdown only perhaps […]
America’s Commercial Real Estate Show host Michael Bull and Barbara Denham, Economist at Reis, discuss the current state of the industrial property market in the United States and whether it might be cooling off. She notes that tenants are likely on hold as they try to figure out where the trade war situation is more […]
The above chart illustrates how freestanding light industrial properties in Miami-Dade county generally consist of legacy properties. The blue bars indicate the number of properties built in a given year (left axis) with four Miami-Dade non-condo light industrial land use prefixes. Notice there are no bars at the far right? That is not missing data. […]
A recurring theme of late in our commercial real estate brokerage practice is that of difficulty in finding mid-range industrial property, from 10,000 to 30,000 square feet, to purchase. Anecdotally, it has been obvious for a while that the demand for such property is notably disproportionate to the modest supply. This bears out in low […]
Reis Chief Economist & Vice President of Research, Dr. Victor Calanog, provides an assessment of third quarter 2017 Industrial Sector trends. In this video, he discusses industrial property occupancy rates, industrial real estate deliveries (new construction), rental rate trends for industrial properties, and more, all considered on a national level but with information applicable to Miami industrial […]
