The major submarkets of the South Florida region, including Miami-Dade, Broward and Palm Beach Counties, are important industrial real estate markets. Key demand drivers for industrial real estate growth include expanded trade activity at the Port of Miami and the Port of Palm Beach and increased imports from China and South America.
First Industrial's Miami office is capitalizing on this regional growth by offering our customers the assistance of an experienced team of professionals with a strong background in South Florida markets. First Industrial owns and manages nearly every type of industrial property type in the market, and we offer the flexibility to help our customers use our holdings to maximum advantage.
Our Miami office has also purchased the largest remaining contiguous parcel of developable industrial land in Palm Beach County, the more than 500 developable acres of First Park South Florida. This site has in place all requisite entitlements and underlying infrastructure for immediate development, providing exceptional opportunity for meeting demand for industrial space in the marketplace.