This 961,345-square-foot industrial facility is located at 3300 Northwest 123rd Street in Miami.

MIAMI—Industrial is one of the hottest assets in the country and Florida is no exception. Providing the perfect trifecta of benefits—people, access and inventory—investors and tenants have taken notice. That's according to Cushman & Wakefield Research's Florida Industrial Evolution report.

CushWake Research analysts Kathleen Krilanovich and Michelle McMurray authored the report. The duo's assessment details positive industrial construction trends in Florida's major markets—Tampa Bay, Miami, Orlando, Jacksonville, Broward County and Palm Beach County.

“With nearly every major market performing at or better than pre-recession levels, Florida is a prime location for new construction and tenant expansion,” Krilanovich tells GlobeSt.com. “Economic expansion, job growth and an influx of new people into the state contribute to increases in consumer spending and support the underlying demand for industrial space in Florida.”

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