Miami Industrial Market Report Q3 2021

Miami Industrial Market Report Q3 2021

INDUSTRIAL MARKET SUMMARY The Miami industrial real estate market continues its strong performance. In Q3 2021 vacancy rate was 3.1% and the availability rate is 5.3% at the close of the quarter with a $14.45 per sq. ft. average (gross) lease rate. Rent growth had...
Miami Industrial Market Report Q2 2021

Miami Industrial Market Report Q2 2021

INDUSTRIAL MARKET SUMMARY The Miami industrial market’s Q2 vacancy rate was 3.9% at the close of the quarter with a $13.78 per sq. ft. average (gross) lease rate. Industrial vacancies have compressed after reaching higher levels in 2020. The annual rent growth is...