MIAMI—Miami's industrial market keeps hitting on all cylinders. Some, though, say there are challenges ahead.
GlobeSt.com caught up with Ernesto Cambo, principal of cpf investments, developer of AVE Aviation & Commerce Center in Opa-Locka, to get his proverbial two cents on the region's industrial market. He told us we have entered a new year where, again, nothing but positive activity—and conversations—will dominate South Florida's industrial space.
“The reign of high demand continues with prime conditions for absorption, and vacancy remains amongst the lowest in the US at below 5%,” Cambo says. “The global economy is closely eyeing Miami as a key hub for trade, new investment and workforce growth, making the dynamics attractive for prosperity in the sector.”
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