DORAL, FL-After years of negative absorption, Miami’s industrialmarket may be poised for recovery. PS Business Parks is betting ona comeback with a 135,000 square foot expansion at MiamiInternational Commerce Center at 8216 NW 14th St. in Doral.

The expansion marks the largest block of new space to comeonline in the Airport West submarket in recent years. The projectincludes a new 75,000 square feet of Class A industrial buildingand an additional 60,000-square foot redevelopment. The entire parkoffers 3.2 million square feet.

“The fact that this was the only new building in the last 18months got us some attention,” Viola Sanchez, division vicepresident of the Southeast for PS Business Parks, tellsGlobeSt.com. “Pricing is still not where we’d like it to be, butit’s stabilizing a little bit and we’re seeing a demand for thisspace because we’re catering to small- to mid-size tenants.”