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Miami Industrial Team
Miami Commercial Real Estate and Miami Warehouses
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April 17, 2013

Miami Industrial Real Estate Market Report 1st Quarter 2013

Quarterly Market ReportsBy EdApril 17, 2013Leave a comment

The average lease rate for warehouse space in Miami increased to $7.72 per sq. ft. from $7.54 per sq. ft. Although there were several significant lease transactions during this first quarter, the average vacancy rate remained the same. This was mainly due to the over one-half million square feet of new warehouse space that was…

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