(Save the date: RealShare Industrial 2012 comes to The Bankers Club, Miami, December 5 - 6.)

MIAMI—Ameriworld Enterprises is expanding into 124,000 square feet of industrial space at a Prologis-owned building in Miami’s Airport West submarket. Ameriworld, which provides foreign companies seeking U.S. expansion with furnished offices, warehouse space and back-office support services, is expanding and relocating into the freestanding building from its previous 65,000-square-foot home in Opa-Locka.

Jones Lang LaSalle’s managing director Steven Medwin and vice president Nick Wigoda, represented Prologis in the transaction. Mike Waite and Jim Armstrong of Easton & Associates represented Ameriworld. The industrial property is located at 3325 SW 70th Avenue.

“South Florida is now considered one of the top three industrial markets in the U.S., alongside Los Angeles and northern New Jersey,” Medwin said in a statement. “With favorable industrial market conditions in place, and significant enhancements underway at the region’s sea and airports, we expect to see continued high demand for institutional-grade properties from investors and users alike.”

This Ameriworld lease marks the latest in a string of transactions in which JLL’s industrial team in South Florida has represented large institutional owners and tenants. The team has completed two transactions with Prologis within the past 30 days, accounting for more than 400,000 square feet of space.

The Ameriworld Enterprises lease raises the occupancy rate across Prologis’ 11 million-square-foot Miami-area portfolio to 98.5%. With so much interest in Miami industrial, is the market shifting back in the landlord’s favor?

“Size and submarket have a lot to do as well,” Wigoda tells GlobeSt.com. “When you are talking about small spaces under 30,000 square feet in Airport West it’s a landlord’s market. If you are talking about 150,000 square feet in broader South Florida it’s a tenant’s market. Some markets like Pompano are very soft and some markets like Southeast and Southwest Broward are very strong for landlords.”

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