Industrial investment sales in Miami-Dade for the year totaled $1.4 billion, a 27.5 percent jump over the previous year, reported Avison Young. The surge in investment sales during 2019 speaks to the strength of investor sentiment in Miami-Dade’s industrial market and the investor demand for well-placed assets.
According to WorldCity’s analysis of the most recent U.S. Census Bureau data, PortMiami’s trade volume increased by nearly 3.5 percent during the first 11 months of 2019 when compared with the same period during 2018. Over the same time period, exports rose by 2.8 percent and imports rose by 3.9 percent. While trade through PortMiami grew during 2019, trade for the United States as a whole fell by 1.5 percent. Continued growth is expected at PortMiami in 2020 as the port remains vital for trade with Latin America.
Florida’s industrial markets exhibited accelerating investment activity during 2019, with total investment volume for the year ending Dec-2019
