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Miami Industrial Team
Miami Commercial Real Estate and Miami Warehouses
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May 1, 2012

Miami Industrial Real Estate Market Report 1st Quarter 2012

Quarterly Market ReportsBy Edward RedlichMay 1, 20121 Comment

Another half-million square feet of warehouse space was positively absorbed just over the past three months causing lease rates to slightly increase while the vacancy rate decreased to 7.5%. By comparison, the national vacancy rate is still roughly two percentage points higher at 9.3%. In our opinion, half of the properties that are available are…

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