miami industrial report

Miami Industrial Real Estate Market Report Midyear 2017

Midyear into 2017 and the average rental rate for Miami warehouse space slightly increases… grudgingly. Although some landlords have been able to increase rates for their warehouses, tenants and their respective brokers fight to keep the average under $10.00 per sq. ft. Institutional landlords are fairly disappointed that rates have not increased higher as they…

miami-industrial-real-estate-market-report-q3-2016

Miami Industrial Real Estate Market Report for the Year End 2016

Summary: The 2016 industrial real estate market in Miami was full of uncertainty given both the national economy and the US presidential election. Folks did not yet know if our republic was voting for more continued governmentism or Americanism again. You may be surprised at how many significant decisions concerning real estate were on hold…until…

miami-industrial-real-estate-market-report-Q2-2016

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…