Miami Industrial Real Estate Market Report Third Quarter 2016

In this 3rd quarter of 2016, Miami’s industrial real estate market experienced another increase of average lease rates to $9.41 per sq. ft. and a decrease in the average vacancy rate to 3.9%. Nearly one million square feet of warehouse space was absorbed mostly by larger, national companies. Over four million square feet of new…

Details

Drone Regulations For Commercial Real Estate

Edward Redlich, SIOR, CCIM, and the Miami Industrial Team have been utilizing drone technology for a few years now as a way to market their listings. In June 2016 the Federal Aviation Administration (FAA) announced a NEW Small UAS Rule (Part 107) that now makes it easier and safer for drones to be used for…

Details

Redland Warehouse / 21150 SW 167th Avenue

+/- 55,600 SF Redland Warehouse for Sale! Available for an asking price of $3,700,000. This property is located at 21150 SW 167 Avenue in Redland, Florida 33170. The +/- 55,600 sq. ft. warehouse building sits on over 4 acres with CSX railroad available. There is an additional 10 to 15 acres next door which is…

Details

Miami Industrial Real Estate Market Report Midyear 2016

Midway through 2016 and the industrial market continues to grow. Once again average lease rates have increased slightly to $9.41 per sq. ft. and the vacancy rate has decreased slightly to only 4.4%. In our opinion, many of the available industrial properties are either overpriced and/or have functional challenges. The largest lease transaction of the…

Details