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Miami Commercial Real Estate and Miami Warehouses
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miami industrial real estate

miami logistics

Miami Industrial Real Estate Market Report 3rd Quarter 2018

News & Press Releases, Quarterly Market ReportsBy Edward RedlichOctober 21, 20182 Comments

  The average vacancy rate decreased to 3.8% and the average lease rates have increased to $11.76 per sq. ft. Landlords continue to drive rates up while giving tenants fewer concessions. Over 5MM sq. ft. is under construction in Miami’s industrial real estate market, however the net absorption for this quarter was only about 200,000…

miami logistics

Miami Industrial Real Estate Market Report for the Year End 2017

News & Press Releases, Quarterly Market ReportsBy Edward RedlichJanuary 22, 2018Leave a comment

2017 ends with about 1.9M sq. ft. of positive absorption. Over 3.6M sq. ft. of new warehouse space was delivered bringing our total inventory to 240M sq. ft. This being said, the overall vacancy rate slightly decreased to 4.0% and the average lease rate is at an all-time high at $9.76 per sq. ft. gross.…

miami industrial real estate market report q1

Miami Industrial Real Estate Market Report First Quarter 2017

News & Press Releases, Quarterly Market ReportsBy Edward RedlichApril 23, 20171 Comment

Summary: The new year starts off with a slightly lower average lease rate of $9.54 per sq. ft. and a higher vacancy rate to 3.9%. The positive absorption was a healthy 602,988 sq. ft. The most significant disposition so far this year was TA Associates’ sale of seven warehouses totaling 550,000 sq. ft. to Brookfield…

miami-industrial-real-estate-market-report-q3-2016

Miami Industrial Real Estate Market Report Third Quarter 2016

Quarterly Market ReportsBy Edward RedlichOctober 25, 20162 Comments

In this 3rd quarter of 2016, Miami’s industrial real estate market experienced another increase of average lease rates to $9.41 per sq. ft. and a decrease in the average vacancy rate to 3.9%. Nearly one million square feet of warehouse space was absorbed mostly by larger, national companies. Over four million square feet of new…

Miami Industrial Real Estate Market Report First Quarter 2016

Quarterly Market ReportsBy Edward RedlichMay 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…

Meet The Miami Industrial Team

Miami Warehouses, News & Press ReleasesBy Edward RedlichFebruary 7, 2016Leave a comment

1120 nw 165 street, miami warehouse

Miami Industrial Real Estate Market Report for the Year End 2015

Quarterly Market ReportsBy Edward RedlichJanuary 17, 20162 Comments

2015 was a record breaking year for Miami’s industrial real estate market. Lease rates now average $9.01 per sq. ft. and sales prices average $95.94 per sq. ft. Neither stat has ever been higher. Positive absorption was a very impressive 3.9M sq. ft. bringing our overall occupancy up to over 95% (the vacancy rate is…

Best Wishes For 2016 From The Miami Industrial Team

News & Press ReleasesBy Edward RedlichJanuary 1, 2016Leave a comment
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