2019 Industrial Market Report - Broward County

SPECULATIVE DEVELOPMENT SNAPSHOT

k

PC18-8

37

SE10THST

48THST

36

12

HI L LSB O ROMILE

35.9

WAREHOUSE & DISTRIBUTION 5.3 MILLION TOTAL SF DELIVERED SINCE 2015

UNDER CONSTRUCTION 2 MILLION TOTAL SF TO BE DELIVERED THROUGH 2020

FEDERALHWY

NE 23RDST

NE14THST

SRA1A

NE10THST

ATLANTICBLVD

46

FEDERALHWY

.7

RKBLVD

6THST

BA Y VIEW D R

PROPOSED 3.3 MILLION TOTAL SF PROPOSED AND PLANNED TO BE DELIVERED AFTER 2019

S E A B R E EZE B LVD

Atlantic Ocean

With interest rates at historic lows and changes in federal tax laws, we are seeing both institutional and private capital driving prices of real estate in all sectors of the South Florida

A

market, in particular industrial assets. We believe this trend will continue into 2020 which will lead to strong rent growth, demand and ultimately new development. - MatthewMcAllister

INDUSTRIAL MARKET REPORT | 15

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