Matthew Rotolante, SIOR, CCIM shares 2022 Market Insight with Bisnow for Industrial Sector
South Florida CRE Leaders on What’s To Come In 2022
Regional commercial real estate experts are now looking ahead to 2022, and they spoke with Bisnow regarding what's on tap for the new year. Lee & Associates South Florida President and Industrial expert, Matthew Rotolante, SIOR, CCIM, was tapped for expert insight on what he has been seeing in the marketplace.
“Industrial real estate is on fire in South Florida and starting to trickle north into St. Lucie County, which has many new developments in the pipeline. Remaining land in Miami-Dade and Broward counties is scarce and has become prohibitively expensive. Miami is seeing its first vertical warehouse project, which was a concept discussed for many years and now finally being put into practice. We expect more vertical warehouse developments to be introduced in the year ahead.”