Hialeah Gardens
Hialeah Gardens’ warehouse market mainly consists of older generation buildings. These warehouses are primarily free-standing, average about 25,000 sq. ft., and consist of multiple tenants. The warehouses have lower ceilings, are front-loaded and many of them set very close to the street, which can often cause traffic problems for vehicles. Some of the larger tenants currently include: Advak Technologies, Specialty Products & Insulation, Rollingshield, and GIC Aluminum.
Hialeah Gardens warehouse lease rates are currently around $6.50 per sq. ft. industrial gross. Over the last few years, there have been very few warehouse sales. Of these sales, the average sales prices has been about $60 per sq. ft.