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Miami Commercial Real Estate and Miami Warehouses
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January 21, 2019

miami warehouse

Miami Industrial Real Estate Market Report for the Year End 2018

News & Press Releases, Quarterly Market ReportsBy EdJanuary 21, 2019Leave a comment

The Miami industrial market ends 2018 with a 4.0% vacancy rate and a $10.52 per sq. ft. average (gross) lease rate. There was 3,595,710 sq. ft. of positive absorption for the year; averaging about 1M sq. ft. per quarter is a sign that our market is relatively healthy. There was 4,398,422 sq. ft. of new…

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