FordGibson has been growing successful commercial real estate companies—and developing high profile projects in the Greater Miami area—for decades.

MIAMI—Industrial demand remains strong in Miami Dade, and in West Dade in particular, which is the traditional “ground zero” for industrial use. That's coming from Ford Gibson, managing director at Foundry Commercial.

Foundry just picked up a mega industrial complex in Miami. His firm is active in the region. Last year, Foundry entered in what its calling an “historic joint venture” that aims to improve the quality of life for South Florida residents. The firm partnered with Miami-based charitable organization Carrie Meek Foundation on a ground lease for a speculative $150 million industrial project in Miami-Dade County.

“After 2017 deliveries, only South Florida Logistics Center and Beacon Lakes will have remaining developable land, totaling 1.4 million square feet of additional product, the bulk of which is expected to be delivered and leased within the next 12 to 18 months,” Gibson tells GlobeSt.com. “This means development has moved to North West Miami Dade in areas such as Miami Lake, Haleigh, Medley and Opa Locka.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.