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: 3Q 2017

Vacancy: 4.1%

Avg. Lease Rate: $9.76 per sq. ft.

Absorption: 174,347 sq. ft.

Construction: 578,075 sq. ft.

The Miami industrial market continued to see an increase in lease rates and construction. There was a slight increase in warehouses that were delivered, and we watched the vacancy rate hold steady. 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: October 2017


FROM THE BLOG