ComReal Miami Industrial Real Estate Quarterly Market Report 2019 3Q
The Miami industrial market ends Q3 2019 with a 4.2% vacancy rate and average lease rate over $12.32 per sq. ft. (gross). The strong activity continues as more companies expand and new companies move to the area. There was 3.1 million sq. ft. of positive absorption over the past 12 months; averaging about 1M sq.…