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Miami Industrial Team
Miami Commercial Real Estate and Miami Warehouses
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July 19, 2012

Miami Industrial Real Estate Market Report Mid-Year 2012

Quarterly Market ReportsBy EdJuly 19, 20122 Comments

Miami-Dade County experienced another very strong quarter increasing the total positive absorption of warehouse space to over 1,000,000 sq. ft.  at the mid-year mark. The vacancy rate is now 7.1% which is down from 7.5% in the past quarter. The average lease rates have increased slightly to $7.42 psf.  There are six warehouse buildings totaling nearly one million…

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