Among commercial real estate’s top-performing sectors, the industrial market continues to boom, remaining a consistent favorite among investors and developers. Demand continues to swamp supply and Cushman & Wakefield predicts that rent growth for warehouse and logistics space will grow by more than 15% during the next two years; class A and new construction rents are forecast to jump by even more.

E-commerce continues to fuel demand, driving many tenants to scramble for the limited space available. At the same time the product itself is evolving with such developments as multistory warehouses and innovations to robotics and automation. Capital is plentiful with lenders happy to finance warehouse construction and dry powder jostling for acquisition opportunities.

In this environment, industrial real estate professionals are working harder than ever to continue the sector’s astounding success. Aiming to recognize the efforts that drive the sector’s spectacular performance, GlobeSt. Real Estate Forum is shining a spotlight on the professionals and companies that have helped shape the industrial real estate market.

GlobeSt. Real Estate Forum’s 2022 Influencers in Industrial Real Estate recognition will highlight not only individual pioneers who have made an impact through their efforts, but also entire organizations and the teams within that have become critical to the industry. Be it through their contributions to the industry, the vast successes they’ve racked up in completing deals and projects, or the innovations and best practices they’ve introduced to the business, these are commercial real estate’s Influencers in Industrial Real Estate.

State Street Realty recently completed lease and sale transactions totaling over 400,000 square feet with a value of over $63,000,000.

The commercial real estate transactions were all completed throughout the South Florida area by Executive Vice President Frank Trelles, SIOR, Jason Gonzalez. and Brandon Careaga.

STATE STREET REALTY is proud to participate in the NAIOP 2021 Commercial Real Estate Awards of Excellence held yesterday @ the beautiful Marriott Harbor Beach Resort & Spa in Fort Lauderdale!

Our Team is very humbled and honored to be named a finalist in an impressive THREE (3) categories: 1) Industrial Sale Transaction of the Year; 2) Broker Team of the Year for Industrial (E. Lyden/F. Trelles/B. Cabielles/G. Pino/J.Gonzalez); 3) Broker of the Year (G. Pino).

A BIG congratulations to our President, George Pino, SIOR, who was was named Broker of the Year!

NAIOP South Florida, the Commercial Real Estate Development Association, recognizes the individuals and organizations whose achievements have contributed to the local commercial real estate industry, benefited the regional business environment and facilitated economic growth in South Florida.