By the FL Innovation News editorial team · Florida Living
Florida’s industrial real estate market continues to show strong momentum as owner-occupied businesses and growing companies move toward long-term property ownership, especially in South Florida where inventory remains limited and demand steady.
A recent example is the $9.7 million sale of the Excalibur Building, an industrial property located at 13755 SW 119th Ave in Miami. The transaction was brokered by Kelly DeCarlucci of Dalton Wade Realty Group.
The acquisition reflects a broader trend across Florida’s commercial real estate sector, where companies are choosing ownership to support long term operations and business growth.
Owner-occupied industrial real estate on the rise in Florida
Across Florida, industrial buyers are prioritizing properties that support daily operations rather than short-term investment plays. Rising lease rates and limited industrial inventory have made ownership an attractive option for companies seeking stability and control.
This trend is especially strong in South Florida, where well-located industrial buildings continue to trade quickly due to limited supply and consistent demand.
Market professionals note that buyers are focused on functionality, access, and layouts that allow businesses to operate efficiently today while leaving room for expansion.
Miami industrial property overview
The Excalibur Building is a Class B industrial warehouse located within an established light industrial corridor in Miami. Properties of this type remain attractive to owner users due to their visibility, flexibility, and proximity to major commercial routes.
Key property characteristics include:
- 34,252 square feet of rentable building area
- 2.43-acre site
- Built in 2000
- 24-foot clear ceiling height
- Three dock-high doors and one grade-level door
- Single-tenant configuration
- Zoned IU-C, Light Industrial District
- Parking ratio of 2.13 spaces per 1,000 square feet
These features continue to rank high among Florida industrial buyers, particularly for companies that require a mix of warehouse and office space.
Why South Florida industrial real estate remains competitive
Industrial properties across South Florida continue to see strong demand, driven by population growth, business relocation, and limited new supply. Miami’s industrial submarkets, especially those with established infrastructure and business density, remain supply constrained.
Owner occupied properties are particularly attractive as companies look to lock in costs and build long term equity rather than face rising lease rates.
According to market observers, flex and warehouse properties with strong access, clear heights, and functional loading continue to outperform other asset types in the region.
Commercial real estate as part of business planning
Today’s industrial transactions are increasingly tied to business strategy rather than speculation. Companies are using real estate ownership as a tool to support operations, workforce planning, and expansion.
“The strongest deals happen when real estate supports the business itself,” DeCarlucci said. “When the property fits the operation, the company is set up to grow with confidence.”
Florida’s industrial outlook
The sale of the Excalibur Building underscores Florida’s position as a strong market for industrial and owner occupied commercial real estate. As companies continue to expand across the state, demand for functional, well located industrial assets is expected to remain high.
Transactions like this highlight how Florida’s commercial real estate market continues to offer opportunity for businesses investing with intention and long term focus.
Working with Kelly DeCarlucci
Kelly DeCarlucci specializes in commercial real estate across Florida, with a focus on owner occupied, industrial, and flex properties that support long term business growth. She works closely with business owners to align real estate decisions with operational needs, expansion plans, and market timing.
Her approach centers on clarity, strategy, and execution, helping companies move beyond transactions and into purposeful ownership.
Business owners exploring commercial acquisitions, relocations, or expansion opportunities across Florida can connect with Kelly through Dalton Wade Realty Group to discuss options that support where their business is headed next.
Kelly DeCarlucci, LLC, REALTOR®
Dalton Wade Realty Group
813-495-1616
YourHomeTampaBayArea.com
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