Wells Fargo & Co. is in advanced talks to sell Eastdil Secured to a Guggenheim Investments JV, according to the Wall Street Journal.

With the massive amount of multifamily product under construction, developers are bringing property managers into the fold earlier.

At year-end 2018, the Miami-Dade industrial real estate market saw net absorption of 1.3 million square feet for the year and a 4.5% overall vacancy rate.