Industrial

One of Procida's earliest investors was Abdul Qayum, the grandfather of Omar Khan, left, who has just joined the Procida firm. The two are holding Qayum's original brochure, which Procida still keeps in his office.

Industrial properties show continued strong demand as the 1.4 million square feet of space in the portfolio is 100% leased.

The move comes after Norges decided to scale back its real estate push and focus more on buying stakes in listed real estate companies.

Several factors contribute to the positive fundamentals and attraction to Plantation; most notably, the increased density being provided for by city planners.

“Given Florida's maturity as a worldwide economic powerhouse in recent years, we have a unique opportunity to lead and chart a path to help Florida become that 'It' State—the place where dynamic and exciting innovations lead the way,” says Chris Corr, Florida Council of 100 Chair.

Conor Commercial Real Estate and Globe Corp. have assembled three parcels in the Airport submarket for a new speculative industrial build.