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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.
The increase in market value of MetLife's CRE investments is being driven by strong activity throughout North and South American, European, and Asian markets.
Plans for the site, which are still indefinite, are expected to include commercial and industrial repurposing as well as potential institutional, educational and residential components.
New environmental due diligence requirements and construction risk management guidance will demand knowledgeable, experienced consultants for SBA Loans.
Amazon is expanding its Austin Tech Hub with plans to create 800 new tech jobs in the process, which will necessitate a move into a new 145,000-square-foot office in The Domain in 2020.
CT Realty recently sold the newly built 1.12 million-square-foot industrial building, NorCal Logistics Center, to Bentall Kennedy (US) Limited Partnership on behalf of its US core fund for $105.3 million.
"Jeremy's reputation as a meticulous professional with keen leadership qualities is well-deserved. With his guidance, the firm will continue our out-of-the-box thinking," says founder Malcolm McLaren.