ComReal Miami Industrial Real Estate Quarterly Market Report 2018 4Q
Please watch our video on Miami’s industrial real estate market report for the 4th quarter of 2018. Thank you.
ComReal Miami Industrial Real Estate Quarterly Market Report 2018 3Q
Please watch our video on Miami’s industrial real estate market report for the 3rd quarter of 2018. Thank you.
Miami Industrial Real Estate Market Report First Quarter 2018
For the first time, the average asking gross lease rate for warehouse space in Miami is now above the $10.00 per sq. ft. mark (but, just barely). Strong market forces and higher rents for new buildings have helped make this happen. Landlords will continue to push rates even higher, however this first quarter shows a…
Miami Industrial Real Estate Market Report First Quarter 2015
The new year has started very strong for the Miami industrial real estate market. The average lease rates have already increased to $8.53 per sq. ft. and the average vacancy rate fell to 5.2%. The net absorption for the 1st quarter was an astounding 1.4M square feet. The largest lease so far this year was…
Miami Industrial Real Estate Market Report Mid-Year 2012
Miami-Dade County experienced another very strong quarter increasing the total positive absorption of warehouse space to over 1,000,000 sq. ft. at the mid-year mark. The vacancy rate is now 7.1% which is down from 7.5% in the past quarter. The average lease rates have increased slightly to $7.42 psf. There are six warehouse buildings totaling nearly one million…
Miami Industrial Real Estate Market Report 1st Quarter 2012
Another half-million square feet of warehouse space was positively absorbed just over the past three months causing lease rates to slightly increase while the vacancy rate decreased to 7.5%. By comparison, the national vacancy rate is still roughly two percentage points higher at 9.3%. In our opinion, half of the properties that are available are…
ComReal Miami Industrial Real Estate Market Report First Quarter 2011
The Airport West and Medley industrial submarkets in Miami-Dade County continue to be the most vibrant in the nation. In this first quarter of 2011, there has been well over 1,000,000 square feet of warehouse space leased in these submarkets alone. This is the second, consecutive quarter of such activity. In these two quarters…