Search
 
News

Colliers Says South Florida’s Industrial Market Fundamentals Strong Despite Signs of Moderation

The industrial lease deals negotiated by the Colliers team, headed by Jonathan Kingsley and Stephen Rutchik, were valued at more than $36 million.

Colliers’ director of industrial leasing Ryan Goggins Colliers’ director of industrial leasing Ryan Goggins

MIAMI—Against a backdrop of what the firm says is a moderating South Florida industrial market, the Colliers International South Florida leading advisory team has closed nearly a dozen industrial lease transactions totaling 360,000 square feet during the first half of this year.

Colliers’ director of industrial leasing Ryan Goggins said, “While we have seen some moderation in South Florida’s industrial market coming off of a strong 2018, the market’s overall fundamentals remain strong and we remain optimistic about economic conditions and demand for additional industrial space as the region continues to grow.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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.

John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

More from this author

Recommended Stories

Nominate a Net Lease Expert

Nominate a Net Lease Expert

Ingrid Tunberg |

Do you know a professional and/or company that has helped shape the net lease sector? Submit a candidate for GlobeSt.'s Influencers in Net Lease recognition before May 29!

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.