Published at: 2016-08-23 14:00 | Author: CIJ USA
According to research by CBRE, vacancy in Florida for industrial space in the first quarter of 2016 fell below 6 percent for the first time since 2006. South Florida, which is even further along the path to recovery, posted a 4.1 percent vacancy rate for the first quarter. The state had absorbed over 3.7 million square feet of industrial space at the close o...
“It has finally reached the point where it is the fair-haired child of commercial real estate,” said Ed Miller, Managing Director of Institutional Services for Colliers International. Surprisingly, for some, he’s referring to the industrial and logistics sector. According to research by CBRE, vacancy in Florida for industrial space in the first quarter of 2016 fell below 6 percent for the first time since 2006. South Florida, which is even further along the path to recovery, posted a 4.1 percent...

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