MIAMI—The industrial market is turning plenty of heads as the rebound continues and new spec development starts hitting key markets. But where are the true hot spots—and what makes them hot?

GlobeSt.com caught up with Bill Waxman, executive vice president of CBRE's Global Port Logistics Group, to get his thoughts on the state of the market, its evolution over the past year and the hotspots in part one of this three-part exclusive interview. Be sure to return to this afternoon's Miami edition for part two.

GlobeSt.com: What is the overall state of industrial, nationally, in terms of investment, development and leasing demand?

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