The expansion of the Panama Canal will likely have a dramatic effect on Miami. In anticipation of the increased volume of cargo coming through the Port of Miami, engineers will begin dredging the port to accomodate the larger panamex ship. The FECI will also reconnect rail service to the port in the coming months. All these factors will have a positive effect on the industrial asset class in South Florida. In fact, we’re already seeing greater demand and lower vacancy rates for larger industrial space. This should be a great conference.
