Featured Properties

Miami - 12,993 sq. ft. $1,150,000

Miami - 12,993 sq. ft.
$1,150,000

Miami - 12,000 sq. ft. $1,495,000

Miami - 12,000 sq. ft.
$1,495,000

Miami - 13,841 sq. ft. $1,798,000

Miami - 13,841 sq. ft.
$1,798,000

Miami - 37,673 sq. ft. $3,900,000

Miami - 37,673 sq. ft.
$3,900,000


CURRENT MIAMI WAREHOUSE MARKET STATUS: 4Q 2015

Vacancy: 4.7%

Avg. Lease Rate: $9.01 per sq. ft.

Absorption: 901,957 sq. ft.

Construction: 459,805 sq. ft.

The Miami industrial market continued to see an increase in lease rates and absorption. There was a slight decrease in warehouses that were delivered, and we watched the vacancy rate decrease another 0.2%. Over the last several years, we have seen a constant decrease in the overall vacancy rate, increase in lease & sale prices, while warehouse construction keeps on rolling. 


updated: February 2016


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