Photo: Sasin Tipchai/Shutterstock.com. 'Cost Escalation Is Here': South Florida's Industrial Sector Contending With 'Frail' Supply Chain, Fierce Competition
"The escalation that we've seen in the past two years is unparalleled to any escalation I've ever seen in my career."
May 02, 2022 at 06:00 AM
8 minute read
Commercial Real Estate
South Florida's industrial sector is booming, but that doesn't mean smooth sailing. The cost of land is much more than it used to be, construction costs are increasing due to inflation and supply chain woes, rents are astronomical, and it's all happening at a rapid rate.
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