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Miami Commercial Real Estate and Miami Warehouses
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April 6, 2021

ComReal Miami Industrial Real Estate Quarterly Market Report 1st Quarter 2021

News & Press Releases, Quarterly Market ReportsBy Edward RedlichApril 6, 2021Leave a comment

The Miami industrial market’s Q1 vacancy rate was 4.6% at the close of the quarter with a $13.16 per sq. ft. average (gross) lease rate. Industrial vacancies are for Miami warehouses are back below the National Index rate after climbing higher in 2020 for the first time in 20 years. Deliveries have totaled 4.7 million…

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