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Miami Industrial Team
Miami Commercial Real Estate and Miami Warehouses
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May 1, 2016

Miami Industrial Real Estate Market Report First Quarter 2016

Quarterly Market ReportsBy EdMay 1, 20161 Comment

2016 commences with strong activity in Miami’s industrial real estate market. The average lease rate has increased to $9.24 per sq. ft. and the average vacancy rate has decreased to 4.5%. The largest lease transaction of the 1st quarter was Amazon.com’s deal for the entire Building #5 of 180,000 sq. ft. at South Florida Logistics…

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