Q1 | 2022  Miami Industrial Market Report

Q1 | 2022 Miami Industrial Market Report

INDUSTRIAL MARKET SUMMARY The Miami industrial market’s Q1 2022 vacancy rate is a decade low 2.7% with a $15.99 per sq. ft. average (gross) lease rate at the close of the quarter. Year-over-year rent growth is up to 18.3% in the industrial market, far above the...