MIAMI—Against a backdrop of what the firm says is a moderating South Florida industrial market, the Colliers International South Florida leading advisory team has closed nearly a dozen industrial lease transactions totaling 360,000 square feet during the first half of this year.

Colliers’ director of industrial leasing Ryan Goggins said, “While we have seen some moderation in South Florida’s industrial market coming off of a strong 2018, the market’s overall fundamentals remain strong and we remain optimistic about economic conditions and demand for additional industrial space as the region continues to grow.”