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Port Growth Will Benefit South Florida Industrial

MIAMI-Colliers reports that greater outbound shipping volume should raise demand for existing space.

By Carl Cronan | Updated on March 15, 2010

MIAMI-Industrial occupancy at South Florida ports appears to have stabilized, and the sector is expected to benefit from a greater percentage of export activity, according to research by Colliers International. Vacancy remains in the single-digit range in Miami-Dade and Broward Counties, home to two of the nation’s largest seaports.

A new Port City Industrial Markets White Paper states that the Miami and Fort Lauderdale port markets account for a substantial amount of Florida’s container and passenger-based shipping volume. The report also analyzes how maritime freight volumes impact occupancy and shows how the global recession has reconfigured US shipping and occupancy patterns since 2001.

Among the paper’s key findings:

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