“The need for new, quality Class A industrial space throughout South Florida continues to outpace supply, making developments like Bridge Point Port Everglades in high demand,” said Executive Managing Director Sky Groden.
February 06, 2023 at 02:24 PM
2 minute read
Florida Bureau Chief
The industrial sector in Broward County is thriving with no signs of slowing down. As more top-notch facilities are being introduced to the market, a slight increase in vacancy rates is anticipated as the market continues to balance.
According to JLL’s latest industrial insight report for Broward County, flight-to-quality is in demand with 381,000 square feet of new Class A product delivered in Q4 2022 and more than 1.5 million square feet delivered in total for 2022.
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