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...
Q4 2020 Miami Industrial Market Report

Q4 2020 Miami Industrial Market Report

INDUSTRIAL MARKET SUMMARY The Miami industrial market’s Q4 and yearly 2020 vacancy rate was 5% at the close of the quarter with a $12.80 per sq. ft. average (gross) lease rate, up only to $12.82 for the year. Vacancies have risen slightly higher due to the increase in...