According to a recent report, IOS rents have surged by 123% since 2020, more than double the 58% increase seen in the bulk warehouse sector over the same period.
From automotive parts to pharmaceuticals, cargo in transit or storage is increasingly vulnerable to theft, tampering, and disruption. In response, a new generation of security technology is stepping up—autonomous robotics and artificial intelligence.
Although certain asset classes may see isolated trouble, the broader industrial market in Miami appears resilient, with no signs of systemic weakness. The occupancy has slipped slightly from about 98% to 95% but points to a more balanced market.
Class B and C industrial vacancy rates in Miami have remained stable, holding below 5%, as tenants increasingly prioritize value over newly built assets.